Madeira Beach, FL 33708,509 129TH AVE E
Madeira Beach, FL 33708,509 129TH AVE E,Video Tour
Madeira Beach, FL 33708,509 129TH AVE E
52
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$1,088,000
Est. payment /mo
2,082 SqFt
New

509 129TH AVE E Madeira Beach, FL 33708

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UPDATED:

02/01/2025 03:52 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,082 sqft

Price per Sqft $522

Subdivision Williams Bill Madeira Harbor Sub 3Rd Add

MLS Listing ID TB8340387

HOA Y/N No

Originating Board Stellar MLS

Year Built 1963

Annual Tax Amount $11,586

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Welcome to this Madeira Beach triplex, ideally situated just steps from John's Pass Village and Boardwalk. Located on a deep-water canal with stunning views and direct access to Boca Ciega Bay and the Gulf of Mexico, this property features a 14' x 20' composite dock and a 13,000 lb boat lift with electric. The triplex consists of three units: a one-bedroom, one-bathroom unit of approximately 450 square feet, another one-bedroom, one-bathroom unit of about 559 square feet, and a spacious two-bedroom, two-bathroom unit measuring roughly 1,114 square feet. The roof was replaced in 2015, and while the 1/1 units boast polished terrazzo flooring, the 2/2 unit features durable concrete flooring. Additional upgrades include some impact windows, new plumbing and waste lines in the 2/2 unit, and brand-new mini-split A/C and heating units in all units. Although the property did sustain flooding during recent hurricanes, it offers a blank slate for investors to
reimagine the interior design. The dock could be rented for an additional $500 per month. The seller has a no substantial damage letter from the City of Madeira Beach so the home can get an interior repair permit and does not need to be demolished per FEMA's 50% rule. Zoned R2 with a three-month minimum lease requirement, this triplex is within a couple of blocks of John's Pass Village and Boardwalk, where you can enjoy an array of restaurants, breweries, nightlife, and more.

Location

State FL

County Pinellas

Community Williams Bill Madeira Harbor Sub 3Rd Add

Direction E

Interior

Interior Features Primary Bedroom Main Floor

Heating Other

Cooling Mini-Split Unit(s)

Flooring Concrete, Terrazzo

Furnishings Unfurnished

Fireplace false

Appliance Microwave

Laundry Laundry Closet

Exterior

Exterior Feature Awning(s), Sidewalk

Utilities Available Public

Waterfront Description Bay/Harbor,Gulf/Ocean to Bay

View Y/N Yes

Water Access Yes

Water Access Desc Bay/Harbor,Gulf/Ocean to Bay

View Water

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

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

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by REDFIN CORPORATION

Learn More About LPT Realty

agent

Nancy Conde

Agent | License ID: SL3463040

+1(407) 486-6611

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509 129TH AVE E