$1,050,000
SOLD APR 17, 2025

360 137th Avenue Cir Madeira Beach, FL 33708

2 Beds
2 Baths
1,710 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$614 Per Sq Ft

28% Below List Price

64 Days on Market

Highlights

  • 80 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Assigned Boat Slip
  • Orange Grove Elementary School Rated A
  • Dock has access to electricity and water
  • Access To Intracoastal Waterway

About This Home

As of April 2025

MADEIRA BEACH WATERFRONT INCOME WITH A POTENTIAL 7.5 percent CAP RATE. Double Lot, Deep sailboat water frontage and seawall, (2) 8’ x 25’ Docks with electric, (4) Large deep water slips with additional large vessel tie pilings, (4) Oversized 14’ x 30’ garages, (2) move-in ready 2 bedroom 1 bath apartments with new central heat & AC, full appliance packages and luxury vinyl flooring. Truly an Investor / Boater’s Dream, INCOME and personal use! High and dry block construction, located one block from the sandy beaches of the Gulf and un-obstructed sailing in only minutes to the wide open water of the Gulf of Mexico. Walk to the Famous John’s Pass with an array of restaurants, specialty shops, entertainment, charters, boat tours and watersport rentals. Banking, supermarkets, pharmacy, medical and the Regional Mall are only minutes away. This property is conveniently located only a few blocks from a major east-west corridor linking you to major Interstates, Greater Tampa Bay and International airport travel. A meticulously maintained property with newer mechanicals, roof in 2018, new hurricane rated garage doors w/ openers, irrigation system, public utilities and located in a quiet setting away from the hustle & bustle. Make your appointment today to tour this exceptional offering before it’s GONE!

Last Agent to Sell the Property

Bill Vanderford

RESORT REALTY Brokerage Phone: 727-329-8914 License #3161859 Listed on: 01/23/2025

Last Buyer's Agent

Jac Smith

KELLER WILLIAMS ST PETE REALTY License #3346201

KELLER WILLIAMS ST PETE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,470

Year Built

  • Built in 1977

Lot Details

  • 5,998 Sq Ft Lot
  • 80 Feet of Bay Harbor Waterfront
  • Property fronts an intracoastal waterway
  • Fenced
  • Irrigation

Parking

  • 4 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,710 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • No Fixed Bridges
  • Seawall
  • Assigned Boat Slip
  • Dock has access to electricity and water
  • Dock made with wood
  • Deeded Boat Dock
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,564 Sq Ft Building
  • Gulf Shores Harbor Sub Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,470

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1710
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 3564
  • Lot Size Sq Ft: 5998
  • Directions to Property: Gulf Blvd. to 137th Ave Cir to property, 360-380
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: St Petersburg
  • Escrow Postal Code: 33702
  • Escrow State: FL
  • Escrow Street Name: 4th St N
  • Escrow Street Number: 9800
  • List Office Head Office Key Nume: 1048178
  • RATIO Current Price By Calculate: 614.04
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Attribution Contact: 727-329-8914
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Aluminum Frames, Blinds
  • Street Number Modifier: 360
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 158.86

Exterior Features

  • Exterior Features: Fence, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Bridges - No Fixed Bridges,Fishing Pier,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0191H
  • Water Frontage Feet Bay Harbor: 80

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Ground Level, Off Street, Oversized
  • Garage Spaces: 4

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: 15-31-15-34488-000-0270
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 557

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 2
  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 1
  • Est Annual Market Income: 120000.00

Tax Info

  • Tax Annual Amount: 12470
  • Tax Block: 34488
  • Tax Book Number: 23-51
  • Tax Lot: 27,28

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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
06/11/2025 06/11/25 For Rent $2,500 0.0% --
04/17/2025 04/17/25 Sold $1,050,000 -24.9% $614 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $1,399,000 -1.8% $818 / Sq Ft
02/16/2025 02/16/25 Price Changed $1,425,000 -1.7% $833 / Sq Ft
01/23/2025 01/23/25 For Sale $1,450,000 -- $848 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8341119

Stellar MLS