Address
15405 GULF BOULEVARD Madeira Beach, FL
Price
$ 2,200,000
Property Attributes
  • MLS#U8094360
  • TypeIncome
  • CountyPINELLAS
  • CityMadeira Beach
  • AreaSt Pete-Madeira Bch-N Redington Bch-Shores
  • NeighborhoodLone Palm Beach
  • Zip33708
  • StyleMulti-Family
  • Year Built1948
  • Taxes12286
  • Price$ 2,200,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3722
  • Lot Size0.72 Acres
Listing Provided Courtesy Of:
SMITH & ASSOCIATES REAL ESTATE
Property Description

Madeira Beach Rental Cottages. Beach Access on each corner with designated and lighted crosswalks. Five income producing units currently exist on site with month-to-month tenants. Bungalow #1 is a 2 bedroom cottage with cathedral ceilings and fireplace. Bungalows #2 & #3 are Spanish style casitas, each with one bedroom, fireplace and attached garage. Units #4 & #5 are duplex apartments, each with 2 bedrooms, a porch, fireplace and attached garage. Listing price is appropriate for redevelopment and not reflective of net with current rental income. Current income could be increased with seasonal rentals. C3 Zoning allows for short term vacation rentals. Nearly 3/4 of an Acre of prime property ready for redevelopment. Survey, Zoning Package and current Income and Expense Summary available. Seller is also willing to share plans for a boutique hotel designed for this site.

Elementary School Middle School High School
Orange Grove Elementary-PN Seminole Middle-PN Seminole High-PN
Price History
8/28/2020 Listed $2,200,000

General Features

Additional Parcels Y/N Yes
Additional Water Information Lighted Crosswalks to Public Beach Access at each corner.
Attached Garage Yes
Community Features Community Boat Ramp, Park, Public Boat Ramp, Sidewalk
Construction Materials Block, Wood Frame
Cooling Wall/Window Unit(s)
Elementary School Orange Grove Elementary-PN
Exterior Features Sidewalk
Flooring Wood
Garage Spaces 4
Garage Y/N Yes
Heating Electric, Wall Units / Window Unit
High School Seminole High-PN
Junior High Seminole Middle-PN
Levels One
MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Minimum Lease Period No Minimum
Other Structures Shed(s)
Parking Features Assigned, Circular Driveway, Guest
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name LONE PALM BEACH
Terms Cash, Conventional, Trade
Total Num Buildings 4
Total Units 5
Township 31
Utilities Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Water Access Type Beach - Public, Gulf/Ocean
Water Access Y/N Yes
Water Body Name GULF OF MEXICO
Year Built 1948
Zoning C3

Interior Features

Fireplace Features Living Room
Fireplace Y/N Yes
Furnished Y/N Unfurnished
Living Area 3722.00
Unit Count 4

Exterior Features

Building Area Total 5134.00
Foundation Details Crawlspace, Slab
Garage Dimensions 12x20
Lot Dimensions 150x208
Lot Features Flood Insurance Required, FloodZone, In City Limits, Level/Flat, Near Public Transit, Oversized Lot, Sidewalk, Street Paved
Lot Size Acres 0.72
Lot Size Square Feet 31200
Number of Lots 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33708

Price
AVG $1.69M
$2.2M
Taxes
AVG $12,370
$12,286
Visits
AVG 304
562
Year Built
AVG 1961
1948

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