NOT LISTED FOR SALE

512 129th Ave E Madeira Beach, FL 33708

-- Bed
-- Bath
2,688 Sq Ft
5,519 Sq Ft Lot

Last Sold August 29, 2019

Last sale price $686,000 $255 Per Sq Ft

33 Days on Market

Highlights

  • 53 Feet of Waterfront
  • Sailboat Water Access
  • No HOA
  • Orange Grove Elementary School Rated A
  • Canal View
  • Balcony

About This Home

As of August 2019

Rare opportunity! Don't miss this excellent investment located on a cul-de-sac within John's Pass Village! This quad features 3 units on the first floor and a single unit on the second floor. The first floor consists of a 1/1 in front and 2 efficiencies in back facing the canal. The top floor is a large 2/2 with wraparound balcony overlooking Boca Ciega Bay. Zoning is R2 which allows for 3 month minimum leases. The dock and water depth can accommodate 30' sailboats. There are 5 electric meters for each unit and a separate / shared laundry room. Plenty of parking for all units in the front, and rear storage for all of your beach toys. Great location with incredible income possibilities!

Last Agent to Sell the Property

Anthony Cook

License #3055099 Listed on: 06/14/2019

Last Buyer's Agent

Andy Burwell

BURWELL REAL ESTATE License #591956

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1963

Lot Details

  • 5,519 Sq Ft Lot
  • Lot Dimensions are 53x104
  • 53 Feet of Waterfront
  • Property fronts a saltwater canal

Home Design

  • Quadruplex
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,688 Sq Ft Home
  • Ceramic Tile Flooring
  • Canal Views
  • Laundry Room

Outdoor Features

  • Sailboat Water Access
  • Access to Saltwater Canal
  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Patio
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Heating Available

Community Details

  • No Home Owners Association
  • 3,169 Sq Ft Building
  • Williams Bill Madeira Harbor Sub 3Rd Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,881

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2688
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 3169
  • Lot Size Sq Ft: 5519
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8049241?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8049241?w=Customer
  • Unit Count: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01479
  • Price per Sq Ft: 255.21
  • Close to Original List Price Ratio: 1.01479
  • Ratio: Current Price\Building Area Total: 216.47
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Boca Ciega Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Composite, Dock w/Electric, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0191G
  • Waterfront Frontage: 53
  • Water Frontage Feet Canal Salt: 53
  • Disclosures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: R2
  • Parcel Number: 15-31-15-97866-001-0080
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Sidewalk
  • Lot Dimensions: 53x104
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Waterfront Features: Canal - Saltwater

Tax Info

  • Tax Annual Amount: 5881
  • Tax Block: 1
  • Tax Book Number: 32-7
  • Tax Lot: 8

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/29/2019 08/29/19 Sold $686,000 +1.5% $255 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $676,000 0.0% $251 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $676,000 -- $251 / 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: U8049241

Stellar MLS