$3,100,000
Madeira Beach, FL 33708
MLS# 934553
Status: Closed
1883 sqft
1 / 21
Property Description
THIS DIRECT GULF FRONT PROPERTY HAS UNLIMITED POTENTIAL. LOCATED ON THE BEAUTIFUL WHITE SANDS OF MADEIRA BEACH ON A LARGE 62'X100 LOT! IT IS CURRENTLY ZONED R-3 UP TO 6 UNITS WITH 62FT OF DIRECT BEACHFRONT. ONE COULD CHOSE TO UPDATE OR REDEVELOP THE PROPERTY. CURRENTLY CONFIGURED AS A DUPLEX WITH EACH UNIT HAVING 2 BEDROOMS, 1 BATH, KITCHEN, AND LIVING ROOM. IT ALSO HAS A DETACHED GARAGE BEING USED FOR STORAGE AND THE LAUNDRY ROOM. CURRENTLY ZONED FOR SHORT TERM RENTALS GIVING THIS PROPERTY TREMENDOUS INCOME POTENTIAL. PROPERTY NEEDS UPDATING AND IS READY FOR THE NEW OWNER TO TAKE IT TO THE NEXT LEVEL. INVESTMENT OPPORTUNITY
Details
Maps
Location, Tax, and Legal
Tax Account: 10-31-15-34344-001-0
Parcel Number: 10-31-15-34344-001-0260
General County Location: Out of Brevard
Tax Annual Amount: 20511.9
Tax Year: 2021
Tax Legal Description: GULF SHORES 2ND ADD BLK A, LOT 26 & N 22FT OF LOT 27
Directions: TAKE TOM STUART CAUSEWAY WEST TO GULF BLVD. TURN LEFT ON GULF BLVD AND PROPERTY WILL BE ON YOUR RIGHT.
General Property Information
Number Of Units Total: 2
Living Area: 1593
Living Area Source: Public Records
Building Area Total: 1883
Lot Size Acres: 0.14
Lot Size Dimensions: 62X100
Lot Size Square Feet: 6200
Association YN: No
Garage YN: Yes
Property Use: 0820
Garage Spaces: 1
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Parking Total: 10
Water Frontage Feet: 1
Use Code: MULTI-FAM <10 UNITS
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 2134.34
Sold Price/SqFt: 1946.01
Year Built: 1941
Remarks and Miscellaneous
Public Remarks: THIS DIRECT GULF FRONT PROPERTY HAS UNLIMITED POTENTIAL. LOCATED ON THE BEAUTIFUL WHITE SANDS OF MADEIRA BEACH ON A LARGE 62'X100 LOT! IT IS CURRENTLY ZONED R-3 UP TO 6 UNITS WITH 62FT OF DIRECT BEACHFRONT. ONE COULD CHOSE TO UPDATE OR REDEVELOP THE PROPERTY. CURRENTLY CONFIGURED AS A DUPLEX WITH EACH UNIT HAVING 2 BEDROOMS, 1 BATH, KITCHEN, AND LIVING ROOM. IT ALSO HAS A DETACHED GARAGE BEING USED FOR STORAGE AND THE LAUNDRY ROOM. CURRENTLY ZONED FOR SHORT TERM RENTALS GIVING THIS PROPERTY TREMENDOUS INCOME POTENTIAL. PROPERTY NEEDS UPDATING AND IS READY FOR THE NEW OWNER TO TAKE IT TO THE NEXT LEVEL.
INVESTMENT OPPORTUNITY
Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: WhiteBird Attorneys At Law
Closing Company Address: 2101 Waverly Pl Suite 100, Melbourne, FL 32901
Construction Materials
Wood Siding: 1
Cooling
Central Air: 1
Flooring
Other: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Additional Parking: 1
Detached: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Owner Pays
Other: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Historical Information
Public Historical Remarks 3: Site Location-Near Seaport: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 2 Buildings
Contract Information
Current Price: $3,100,000
Original List Price: 3400000
Sold Price: $3,100,000
Status: Closed
Listing Contract Date: 2022-05-09
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 14046
Street Name: Gulf
Street Suffix: Boulevard
County: Pinellas
State: FL
Postal Code: 33708
MLS Area Major: 999 - Out of Area
Status Change Information
Major Change Timestamp: 2022-09-09T22:54:27Z
Major Change Type: Status Change
Status Change Timestamp: 2022-09-09
Purchase Contract Date: 2022-07-12
Close Date: 2022-09-09
Close Price: 3100000
Property Features
Appliances: Dryer; Refrigerator; Washer
Construction Materials: Wood Siding
Cooling: Central Air
Flooring: Other
Levels: One
Listing Terms: Cash; Conventional
Owner Pays: Other
Parking Features: Additional Parking; Detached
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Sewer Available; Water Available
Water Source: Public
Waterfront Features: Ocean Front
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: One Sotheby's International
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.