13312 1st Street E, Madeira Beach, FL 33708

$1,580,000
3,492
SqFt
List Price
$1,580,000
Status
Pending
Days on Market
111
Price Change
▼ $120,000 1559605093
MLS#
U8046649
Property Style
Multi-Family
Year Built
1942
Living Area
3,492
Lot Size
12,175
Acres
0.28
Total Acreage
1/4 Acre to 21779 Sq. Ft.
Legal Subdivision Name
Mitchells Beach Rev
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

GREAT LAND & BUSINESS INVESTMENT OPPORTUNITY!! Situated on 3 parcels, these 7 Profitable Beach Cottages are located 1 block from the Pearly White Sands of Madeira Beach. Take a short walk to the Famous John’s Pass Village & enjoy some of the best dining, shopping, water sports & sunsets Florida has to offer. This family owned & operated business consists of (3) studio cottages, (3) 1 Bed/1 Bath cottages & (1) large 2 Bed/1 Bath cottage with an attached garage all with their own parking space. The owners have completed many updates in 2014/15 including Low Energy Mini Split AC/Heat, 2 NEW Stackable Washer/ Dryers, newer appliances, full glass entry doors with blind inserts, private paver patios, adjustable beds, sleeper sofas in each cottage, flat screen T.V’s, & a new pool heater, pump & light. Take a dip in the pool after a day at the beach & stay cool under the 2 poolside Tiki huts. The property features lush landscaping, a large BBQ area , onsite laundry, an owner’s office, a storage shed for all your beach chairs & toys, & even more room in the one car garage. The owner’s have worked hard to create a great repeat business with very loyal clientele returning each year. Preliminary approval has been obtained from the Madeira Beach Zoning Dept to develop townhomes/apartments on this site. This property is Turn Key, sold furnished & is completely ready for you to take ownership. Don’t miss out on your chance to not only make money, but live where others vacation at the same time!

Additional Information

Taxes
$9300
Minimum Lease
1-7 Days
Annual Gross Income
175836
Location
FloodZone, In City Limits, Street Paved
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Laminate
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected
Heating
Electric
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Vinyl Siding, Wood Frame
Exterior Features
Outdoor Grill, Outdoor Shower, Rain Gutters, Storage
Roof
Shingle
Pool
Private
Pool Type
Fiberglass, Heated, In Ground, Lighting
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Common, Guest, Open, Reserved
Garage Dimensions
10x19
Water Access
Bay/Harbor, Beach - Public
Flood Zone Code
AE
Parcel ID
15-31-15-58320-011-0180
Legal Description
MITCHELL'S BEACH REVISED BLK 11, LOTS 18, 19 & 20

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Listing courtesy of COASTAL PROPERTIES GROUP.

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