503 140TH AVE E new

Madeira Beach,FL 33708

$ 300000

2 Beds

2 Baths

828 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 828 sqft

Price per Sqft $362

Subdivision Gulf Shores 5Th Add

MLS Listing ID TB8327349

Bedrooms 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1945

Annual Tax Amount $5,089

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 47x100

Property Description

This duplex property, located less than a quarter-mile walk from the beach, offers an exceptional opportunity for redevelopment. Damaged by recent hurricanes, the structure is being sold as-is, with no remediation performed. The seller makes no representation about the building's condition or salvageability. The buyer will assume responsibility for either demolishing and removing the structure or undertaking repairs after closing. Features include: Land value sale in a prime coastal location. The potential to rebuild as an income-generating property or design a single-family home. And an adjacent property available for purchase, offering the chance to combine lots for a larger home or expanded rental opportunity. Whether you're looking to develop a new home or maximize rental income potential, this property provides a blank canvas in an unbeatable location close to the beach. Seize this opportunity to create your vision of coastal living or investment.

Location

State FL

County Pinellas

Community Gulf Shores 5Th Add

Direction E

Interior

Interior Features Ninguno

Heating Electric

Cooling Mini-Split Unit(s)

Fireplace false

Laundry In Garage

Exterior

Exterior Feature Private Mailbox,Sidewalk,Storage

Garage Spaces 2.0

Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected

Roof Type Shingle

Attached Garage true

Garage true

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

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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