Matthew Rego
SIGNATURE REALTY ASSOCIATES
(813) 850-0229
75 Total Sales
1 in Madeira Beach
$2,500,000 Price
144 147th Ave E Madeira Beach, FL 33708
Madeira Beach Area
--
Bed
2
Baths
998
Sq Ft
3,000
Sq Ft Lot
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 2022Incredible 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
MCBRIDE KELLY & ASSOCIATES License #3376440 Listed on: 05/17/2022
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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
- Visit Down Payment Resource Website
- Tax Lot 0180
- Assessor Parcel Number 09-31-15-87048-000-0180
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2022
Closed on
Jun 29, 2022
Sold by
Bought by
Seller's Agent
Tatum Peterson
MCBRIDE KELLY & ASSOCIATES
Buyer's Agent
Nouhad Cheaib
CHARLES RUTENBERG REALTY INC
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$279,318
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 5, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 9, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madeira Beach, FL
-
Matthew Rego
-
Patricia Lugo
Patricia Lugo
COLDWELL BANKER REALTY
(727) 332-0774
30 Total Sales
3 in Madeira Beach
$280K - $897K Price Range
-
Kenneth Reiss
Kenneth Reiss
ON TOP OF THE WORLD RE
(727) 597-5721
190 Total Sales
1 in Madeira Beach
$450,000 Price
-
Zorka Vlasik
Zorka Vlasik
Responds QuicklyCHARLES RUTENBERG REALTY INC
(727) 594-9537
110 Total Sales
1 in Madeira Beach
$445,000 Price
-
Andrew Salamone
Andrew Salamone
Responds QuicklyCOMPASS FLORIDA LLC
(727) 353-9375
100 Total Sales
1 in Madeira Beach
$755,000 Price
-
Helle Hartley
Helle Hartley
CENTURY 21 JIM WHITE & ASSOC
(727) 477-9542
266 Total Sales
18 in Madeira Beach
$260K - $2.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $425,000 | Aws Title Services | ||
| $130,800 | Seminole Title Company | ||
| $75,000 | -- | ||
| $70,200 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $297,500 | ||
| Previous Owner | $98,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $50,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,343 | $245,000 | $242,563 | $2,437 |
| 2024 | $5,811 | $410,000 | $313,939 | $96,061 |
| 2023 | $5,811 | $360,000 | $303,646 | $56,354 |
| 2022 | $3,815 | $285,000 | $237,766 | $47,234 |
| 2021 | $3,358 | $212,200 | $0 | $0 |
| 2020 | $3,183 | $205,840 | $0 | $0 |
| 2019 | $2,863 | $177,739 | $133,147 | $44,592 |
| 2018 | $2,582 | $166,129 | $0 | $0 |
| 2017 | $2,323 | $141,131 | $0 | $0 |
| 2016 | $2,116 | $123,560 | $0 | $0 |
| 2015 | $1,921 | $105,442 | $0 | $0 |
| 2014 | $1,830 | $103,314 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tatum Peterson
Seller's Agent in 2022
Tatum Peterson
MCBRIDE KELLY & ASSOCIATES
(813) 528-1121
170 Total Sales
-
Nouhad Cheaib
Buyer's Agent in 2022
Nouhad Cheaib
CHARLES RUTENBERG REALTY INC
(727) 831-4218
20 Total Sales
Map
Source: Stellar MLS
MLS Number: T3373553
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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