For Sale
$779,000
- 0 beds
- 0 baths
- 1273 Sq Ft
13119 4TH STREET E,
MADEIRA BEACH,
FL,
33708
Latitude 27.790034 - Longitude -82.783214
Overview
Listing Status Active
MLS U8218713
Time on NeighborWho
208 days
About
13119 4TH STREET E,
MADEIRA BEACH,
FL
Charming 4-Plex in Prime Madeira Beach Location
Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and...
a mere half-mile from convenient public beach access.
Key Features:
Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments.
Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John's Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience.
Occupancy Status: Currently, all units are 100% occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments.
Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends.
Additional Amenities:
Dedicated parking spaces for each unit
Coin operated laundry
Landscaped grounds for a serene atmosphere
Investment Potential:
With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market.
Don't miss out on this chance to own a piece of Madeira Beach's vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!
Read more
To connect right away call (518) 572-0204
Or send an email
Dryer
Yes
Range
Yes
Refrigerator
Yes
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