$275,000
SOLD DEC 30, 2024

503 140th Ave E Madeira Beach, FL 33708

2 Beds
2 Baths
828 Sq Ft
5,332 Sq Ft Lot

Recently Sold

$332 Per Sq Ft

8% Below List Price

6 Days on Market

Highlights

  • Florida Architecture
  • No HOA
  • Living Room
  • Orange Grove Elementary School Rated A
  • 2 Car Attached Garage
  • Outdoor Storage

About This Home

As of December 2024

This duplex property, located less than a quarter-mile walk from the beach, offers an exceptional opportunity for redevelopment. Damaged by recent hurricanes, the structure is being sold as-is, with no remediation performed. The seller makes no representation about the building's condition or salvageability. The buyer will assume responsibility for either demolishing and removing the structure or undertaking repairs after closing. Features include: Land value sale in a prime coastal location. The potential to rebuild as an income-generating property or design a single-family home. And an adjacent property available for purchase, offering the chance to combine lots for a larger home or expanded rental opportunity. Whether you're looking to develop a new home or maximize rental income potential, this property provides a blank canvas in an unbeatable location close to the beach. Seize this opportunity to create your vision of coastal living or investment.

Last Agent to Sell the Property

Amanda Baldwin

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3278652 Listed on: 12/05/2024

COMPASS FLORIDA LLC

Last Buyer's Agent

Steven Kansagor

BLAKE REAL ESTATE INC License #3021915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,090

Year Built

  • Built in 1945

Lot Details

  • 5,332 Sq Ft Lot
  • Lot Dimensions are 47x100
  • Northwest Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry in Garage

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Mini Split Air Conditioners
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gulf Shores 5Th Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,090

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 828
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1945
  • Building Area Total: 1462
  • Lot Size Sq Ft: 5332
  • Directions to Property: South on Gulf Blvd. East on 140th to address on right.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Indian Shores
  • Escrow Postal Code: 33785
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd
  • Escrow Street Number: 19535
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 332.13
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Storage Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 727-339-7902
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Other
  • Full Bathrooms: 2
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 503
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 76.92
  • Room Count: 4

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0191H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • 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

  • Parcel Number: 10-31-15-34398-020-0040
  • Additional Parcels: No
  • Lot Dimensions: 47x100
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 495

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with local municipality.

Tax Info

  • Tax Annual Amount: 5089.59
  • Tax Block: T
  • Tax Book Number: 23-67
  • Tax Lot: 4

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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
12/30/2024 12/30/24 Sold $275,000 -8.3% $332 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $300,000 +11.1% $362 / Sq Ft
03/11/2019 03/11/19 Sold $270,000 0.0% $326 / Sq Ft
03/11/2019 03/11/19 For Sale $270,000 -- $326 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
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: TB8327343

Stellar MLS