$1,625,000
$125K PRICE DROP

515 129th Ave E Madeira Beach, FL 33708

Estimated payment $10,321/month

Total Views 17,521
4 Beds
4 Baths
2,590 Sq Ft
$627 Price per Sq Ft

Highlights

  • 60 Feet of Salt Water Canal Waterfront
  • Canal View
  • No HOA
  • Orange Grove Elementary School Rated A
  • Property is near public transit
  • Balcony

About This Home

This waterfront 4-Plex offers the very best in beach island multi-family properties. Every unit has a great water view, and all are good-sized 1 bedroom / 1 bath units with tile floors in the living areas. In addition, each unit has a bright and cheery kitchen, a comfortable updated bathroom, and ample living space. The property has a large new dock, 60’ on the water with a large backyard and astroturf for low maintenance. The yard is fenced in for tenant’s privacy with room for outdoor living. This property is located down the street and within walking distance of the beach and world-famous John’s Pass Village, providing great entertainment and dining venues along with dockside water sports, and great shopping. Madeira Beach is the heart of some of Florida’s and the world’s finest beaches. The Tampa Bay area offers a great international airport, fine world-class museums, and professional sports franchises, and all still within close driving distance to the best theme parks in the world. A new roof in 2016, ample parking on site with space for 2 cars in tandem/unit, separate electric meters, central A/C in each unit, and great maintenance confirm a sound investment. Call for an appointment and more information.

Last Listed By

Michael Reichenbach

CENTURY 21 BEGGINS Brokerage Phone: 800-541-9923 License #3090000 Listed on: 12/13/2023

CENTURY 21 BEGGINS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,388

Year Built

  • Built in 1964

Lot Details

  • 5,158 Sq Ft Lot
  • Lot Dimensions are 60x92
  • 60 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal

Home Design

  • Quadruplex
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 2,590 Sq Ft Home
  • Ceramic Tile Flooring
  • Canal Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Pad
  • Assigned Parking

Outdoor Features

  • Access to Saltwater Canal
  • Open Dock
  • Balcony
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Orange Grove Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2,956 Sq Ft Building
  • Williams Bill Madeira Harbor Sub 3Rd Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,388

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2590
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 2956
  • Lot Size Sq Ft: 5158
  • Tenant Pays: Water
  • Directions to Property: Just north of Johns Pass Bridge on Gulf Blvd., Madeira Beach. Turn east on 129th Avenue through Johns Pass and continue on 129th to address on right.
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1055181
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 627.41
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 800-541-9923
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Other
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 515
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 240.62

Exterior Features

  • Exterior Features: Balcony, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras YN: 0
  • Water Frontage Feet Canal Salt: 60
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 60
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0191H

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

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

Schools

  • Elementary School: Orange Grove Elementary-PN

Lot Info

  • Parcel Number: 15-31-15-97866-002-0030
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Near Public Transit
  • Lot Dimensions: 60x92
  • Flood Zone Code: AE
  • Lot Size Square Meters: 479

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer/Buyer's agent to verify

Multi Family

  • Number Of Units Total: 4
  • Waterfront Features: Canal - Saltwater
  • Approval Process: Buyer/Buyer's agent to verify
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 14388
  • Tax Block: 2
  • Tax Book Number: 32-7
  • Tax Lot: 3

Map

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
04/02/2025 04/02/25 For Sale $1,625,000 0.0% $627 / Sq Ft
03/31/2025 03/31/25 Off Market $1,625,000 -- --
09/04/2024 09/04/24 Price Changed $1,625,000 0.0% $627 / Sq Ft
09/04/2024 09/04/24 For Sale $1,625,000 -4.4% $627 / Sq Ft
09/02/2024 09/02/24 Off Market $1,700,000 -- --
07/03/2024 07/03/24 Price Changed $1,700,000 -2.9% $656 / Sq Ft
12/13/2023 12/13/23 For Sale $1,750,000 0.0% $676 / Sq Ft
10/23/2020 10/23/20 Rented $1,300 -3.7% --
09/27/2020 09/27/20 For Rent $1,350 0.0% --
09/22/2020 09/22/20 Under Contract -- -- --
09/03/2020 09/03/20 For Rent $1,350 0.0% --
03/13/2020 03/13/20 Rented $1,350 0.0% --
03/07/2020 03/07/20 Under Contract -- -- --
03/02/2020 03/02/20 For Rent $1,350 -- --
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: U8224004

Stellar MLS