NOT LISTED FOR SALE

503 129th Ave E Madeira Beach, FL 33708

2 Beds
2 Baths
5,636 Sq Ft
9,431 Sq Ft Lot Lot

Sale Details

Date Sold: December 16, 2024

Last sale price $1,280,000 $227 Per Sq Ft

326 Days on Market

Highlights

  • White Water Ocean Views
  • Property fronts an intracoastal waterway
  • Solid Surface Countertops
  • Orange Grove Elementary School Rated A
  • Dock made with wood
  • No HOA

About This Home

As of December 2024

*Property was flooded and had water intrusion on the top floor. Sold As Is.*
Introducing an exceptional opportunity in the heart of Madeira Beach! This remarkable 6-unit complex boasts a variety of unit sizes, including two spacious 2 bed/2 bath units, two 2 bed/1.5 bath units, and two 1 bed/1 bath units. Each unit offers breathtaking water views from the back porch, creating a serene and picturesque setting. Updated owners unit allowing for your own vacation while streaming income. The property features a private dock, perfect for fishing enthusiasts or simply enjoying the mesmerizing sunset views. Convenience is key with a central laundry room located underneath the stairwell, providing easy access for all residents. The location is truly unbeatable, a short stroll leading you to John’s Pass, a tourist attraction that includes an array of shops, restaurants, and entertainment options. Plus, the proximity to the beach and easy access to main roads make this complex even more desirable. Don't miss out on this incredible opportunity, schedule your showing today and experience the beauty and convenience this property has to offer!

Last Agent to Sell the Property

Kenny Hayslett

RE/MAX ACTION FIRST OF FLORIDA Brokerage Phone: 727-531-2006 License #3075786 Listed on: 12/22/2023

RE/MAX ACTION FIRST OF FLORIDA

Last Buyer's Agent

Kenny Hayslett

RE/MAX ACTION FIRST OF FLORIDA Brokerage Phone: 727-531-2006 License #3075786 Listed on: 12/22/2023

RE/MAX ACTION FIRST OF FLORIDA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,819

Year Built

  • Built in 1972

Lot Details

  • 9,431 Sq Ft Lot
  • Lot Dimensions are 77x147
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a bayou
  • Property fronts a saltwater canal

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 5,636 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Parking

  • Parking Pad
  • Ground Level Parking
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Dock made with wood
  • Open Dock
  • Balcony
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 2
  • Assessor Parcel Number 15-31-15-97866-002-0090

Community Details

Overview

  • No Home Owners Association
  • 6,138 Sq Ft Building
  • Williams Bill Madeira Harbor Sub 3Rd Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $21,000
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,819

Year Built

Built in 1972

Lot Details

9,431 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 5636
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 6138
  • Lot Size Sq Ft: 9431
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 570.24
  • Escrow City: Clearwater
  • Escrow State: FL
  • Escrow Street Name: Court St
  • RATIO Current Price By Calculate: 227.11
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open,Dock - Wood
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Fishing,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 727-531-2006
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 523.60

Exterior Features

  • Exterior Features: Balcony, Lighting, Rain Gutters, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Fishing Pier,Sailboat Water,Seawall - Concrete
  • Water View: Bay/Harbor - Full,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Ground Level, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

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: 15-31-15-97866-002-0090
  • Additional Parcels: No
  • Lot Dimensions: 77x147
  • Flood Zone Code: AE

Multi Family

  • Gross Income: 96000
  • Number Of Units Total: 6
  • Waterfront Features: Bay/Harbor, Bayou, Canal - Saltwater, Intracoastal Waterway
  • Total Num Buildings: 1
  • Unit Count: 6

Tax Info

  • Tax Annual Amount: 16818.73
  • Tax Block: 2
  • Tax Book Number: 32-7
  • Tax Lot: 9
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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 List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $1,280,000 -11.7% $227 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $1,450,000 0.0% $257 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $1,450,000 -32.6% $257 / Sq Ft
08/29/2024 08/29/24 Price Changed $2,150,000 -14.0% $381 / Sq Ft
04/29/2024 04/29/24 Price Changed $2,500,000 -23.1% $444 / Sq Ft
12/23/2023 12/23/23 For Sale $3,250,000 -- $577 / Sq Ft
Source: Stellar MLS

Tax History

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 $20,722 $1,225,000 $1,043,609 $181,391
2024 $19,055 $1,550,000 $1,241,703 $308,297
2023 $19,055 $1,380,000 $1,173,781 $206,219
2022 $16,819 $1,150,000 $868,597 $281,403
2021 $15,058 $879,700 $0 $0
2020 $14,076 $809,812 $0 $0
2019 $13,410 $764,000 $570,844 $193,156
2018 $12,441 $725,000 $0 $0
2017 $11,611 $665,000 $0 $0
2016 $11,015 $620,000 $0 $0
2015 $10,566 $580,000 $0 $0
2014 $10,285 $568,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8224593

Stellar MLS
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