113 145 AVENUE E | Madeira Beach

$2,950,000

This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment. The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,445 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel. This rental is currently operating as a successful vacation rental property. All of the units were renovated in 2021. Renovations include new roof, new bathrooms and kitchens as well as new décor. The property is currently booked 4 months in advance. This property is primed for a new owner who wants to take over a turnkey, highly profitable investment property. Madeira Beach stretches 2 miles along the Gulf of Mexico and is home to Pinellas County's #1 tourist attraction, John's Pass Village and Boardwalk, which offers shopping, dining, entertainment and night life. The St. Pete-Clearwater and Tampa International Airports are an approximate 30 minute drive and 45 minute drive respectively. Major thoroughfares provideguests direct access to other local, popular destinations such as Clearwater and downtown St. Petersburg. Madeira Beach has and will continue to benefit from the strong demand for hotels and vacation rentals in Pinellas County, which has experienced record-breaking numbers for occupancy and average daily rates over the first few months of the year. For Financials & Offering Memorandum, please message or e-mail the listing agent Daniel Petrilla, KW On The Water Sarasota. StellarMLS A4608806

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MLS Listing ID: 
StellarMLS A4608806
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Madeira Beach
Address: 
113 145 AVENUE E, Madeira Beach, FL 33708, US
County: 
Pinellas
Building Details
Details about the building on a property.
Year Built: 
1948
New Construction: 
0
Construction
Construction Materials: 
Block
Foundation Details: 
Slab
Roof: 
Shingle
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Cooling System: 
Central Air
Water Source: 
Well Required
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.1
Lot Size (Area): 
4,635
Lot Size (Dimensions): 
50 x 92
Waterfront: 
0
Lot Features
Parking Type: 
6 to 12 Spaces
Public Record
Parcel Number: 
093115543060000230
Annual Tax: 
$13,625.00
Property Zoning: 
MULTI
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/27/2024
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Daniel Petrilla
Listing Office Name: 
KELLER WILLIAMS ON THE WATER S