3 Beds
2 Baths
1,399 SqFt
3 Beds
2 Baths
1,399 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,399 sqft
Price per Sqft $335
Subdivision North Madeira Shores
MLS Listing ID TB8520507
Bedrooms 3
Construction Status Completed
HOA Y/N No
Year Built 1970
Annual Tax Amount $4,514
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 45x75
Property Sub-Type Duplex
Source Stellar MLS
Property Description
This beautifully updated duplex offers outstanding versatility and strong cash flow in one of Tampa Bay's most sought-after beach communities. Featuring a spacious 2-bedroom, 1-bath unit that rents for $2,500 per month and a cozy 1-bedroom, 1-bath unit at $2,000 per month, the property delivers a combined $4,500 monthly — that's $54,000 in gross annual income. After Expenses your potential Net Income is $41,986
Whether you're an investor looking for immediate dual income streams or an owner-occupant wanting to offset your mortgage by renting out one side, this turnkey opportunity checks every box. Both units have been storm-remediated and meticulously remodeled with premium finishes and modern systems, including a new roof, new water heaters, new A/C units, and numerous additional upgrades throughout.
Each kitchen shines with elegant quartz countertops, crisp white shaker cabinets, and high-end stainless steel appliances. The exterior has been freshly painted and professionally landscaped, creating outstanding curb appeal. Out back, enjoy the low-maintenance turfed yard complete with charming string lighting — perfect for relaxing evenings or entertaining tenants and guests. The property also offers four dedicated parking spaces plus convenient street parking.
Ideally situated in the heart of Madeira Beach, you're just steps from the world-famous white-sand Gulf beaches, vibrant restaurants, shopping, nightlife, boating, and endless water activities. This prime location combines the relaxed beach lifestyle with easy access to everything the Tampa Bay area has to offer.
A rare combination of income potential, quality upgrades, and unbeatable location — this is a true turnkey investment you don't want to miss. Schedule your private showing today and secure this gem before it's gone!
Location
State FL
County Pinellas
Community North Madeira Shores
Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Zoning R-2
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Heating Heat Pump
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Flooring Terrazzo
Furnishings Unfurnished
Fireplace false
Laundry Common Area
Exterior
Exterior Feature Courtyard, Fence, Outdoor Shower, Private Mailbox, Private Yard, Rain Gutters
Parking Features Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Membrane,Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Special Listing Condition None
Learn More About LPT Realty
Sales Executive | License ID: SL3522272