NOT LISTED FOR SALE

144 147th Ave E Madeira Beach, FL 33708

-- Bed
2 Baths
998 Sq Ft
3,000 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $425,000 $426 Per Sq Ft

1 Day on Market

Highlights

  • Open Floorplan
  • No HOA
  • Front Porch
  • Orange Grove Elementary School Rated A
  • Family Room Off Kitchen
  • Screened Patio

About This Home

As of June 2022

Incredible opportunity to own this charming Maderia Beach duplex located just steps to the water! Both units are currently tenant occupied and below market rate providing a perfect value add opportunity for the new buyer. The unit mix consists of two 1 bed, 1 bath units, both featuring, wonderful screened-in porches, small storage closets, and separate driveways for each unit. The property currently operates right around a 4% CAP rate, however, Increasing the rents to market rate put it at a 6.3% CAP rate. Perfect opportunity for an Investor looking for passive income in one of Florida's most desired and relaxed beach towns around! Also, the potential for an owner occupant to live in one unit and have the other tenant pay your mortgage once leases expire. Both leases are currently through Dec. 31st, 2022. Visit Crexi Link to view OM: https://www.crexi.com/properties/825769/florida-maderia-beach-duplex---63-cap. Don't delay & schedule your showing today!

Last Agent to Sell the Property

Tatum Peterson

MCBRIDE KELLY & ASSOCIATES License #3376440 Listed on: 05/17/2022

MCBRIDE KELLY & ASSOCIATES

Last Buyer's Agent

Nouhad Cheaib

CHARLES RUTENBERG REALTY INC License #3174426

CHARLES RUTENBERG REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1951

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 50.0x60.0
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 998 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Tile Flooring
  • Range
  • Laundry closet

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Front Porch

Schools

  • Orange Grove Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 1,138 Sq Ft Building
  • Sunny Shores Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,367

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 998
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 1138
  • Lot Size Sq Ft: 3000
  • Directions to Property: Gulf Blvd to 147th Ave, East to address
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Lutz
  • Escrow Postal Code: 33558
  • Escrow State: FL
  • Escrow Street Name: Van Dyke Rd
  • Escrow Street Number: 5326
  • List Office Head Office Key Nume: 1056542
  • RATIO Current Price By Calculate: 425.85
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Other, Thermostat
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Street Number Modifier: 144
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 92.72

Exterior Features

  • Exterior Features: Fence, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Porch, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Orange Grove Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 09-31-15-87048-000-0180
  • Additional Parcels: No
  • Lot Features: City Limits
  • Lot Dimensions: 50.0X60.0
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 279
  • Future Land Use: 08

Green Features

  • Green Verification Count: 0

Rental Info

  • Additional Lease Restrictions: Check with the City of Maderia Beach for all rental restrictions.

Multi Family

  • Number Of Units Total: 2
  • Approval Process: Check with the City of Maderia Beach for all rental restrictions.
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3366.72
  • Tax Block: 000
  • Tax Book Number: 0024/0015
  • Tax Lot: 0180

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $425,000 +1.2% $426 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $420,000 -- $421 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tatum Peterson

    Seller's Agent in 2022

    Tatum Peterson

    MCBRIDE KELLY & ASSOCIATES

    (813) 528-1121

    1 in this area

    182 Total Sales

    Section Image
  • Nouhad Cheaib

    Buyer's Agent in 2022

    Nouhad Cheaib

    CHARLES RUTENBERG REALTY INC

    (727) 831-4218

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: T3373553

Stellar MLS

Florida Pinellas County Madeira Beach 33708

144 147th Ave E, Madeira Beach, FL

This home is located at 144 147th Ave E, Madeira Beach, FL 33708 since 17 May 2022. This property was built in 1951. 144 147th Ave E is a home located in Pinellas County with nearby schools including Orange Grove Elementary School, Seminole Middle School, and Seminole High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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