Listing Courtesy of: STELLAR / Smith & Associates Real Estate / Tia Hockensmith, PA
$2,200,000
3,722
SQFT
  15405 Gulf Boulevard Madeira Beach, FL 33708
Active (58 Days)

Comments

Madeira Beach Rental Cottages. Beach Access on each corner with designated and lighted crosswalks. Five income producing units currently exist on site with month-to-month tenants. Bungalow #1 is a 2 bedroom cottage with cathedral ceilings and fireplace. Bungalows #2 & #3 are Spanish style casitas, each with one bedroom, fireplace and attached garage. Units #4 & #5 are duplex apartments, each with 2 bedrooms, a porch, fireplace and attached garage. Listing price is appropriate for redevelopment and not reflective of net with current rental income. Current income could be increased with seasonal rentals. C3 Zoning allows for short term vacation rentals. Nearly 3/4 of an Acre of prime property ready for redevelopment. Survey, Zoning Package and current Income and Expense Summary available. Seller is also willing to share plans for a boutique hotel designed for this site.

MLS #
U8094360
Taxes
$12,286 (2019)
Lot Size
0.72 acres
Type
Multifamily
Year Built
1948
County
Pinellas County
Bathroom Details
Interior Features
  • Unfurnished
Subdivision
  • Lone Palm Beach
Lot Information
  • Street Paved
  • Sidewalk
  • In City Limits
  • Flood Insurance Required
  • Floodzone
  • Near Public Transit
  • Oversized Lot
  • Level/Flat
Property Features
  • Fireplace: Living Room
  • Foundation: Slab
  • Foundation: Crawlspace
Heating and Cooling
  • Wall Units / Window Unit
  • Electric
  • Wall/Window Unit(s)
Flooring
  • Wood
Exterior Features
  • Block
  • Wood Frame
  • Roof: Shingle
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
  • Fuel: Electric, Wall Units / Window Unit
School Information
  • Elementary School: Orange Grove Elementary-Pn
  • Middle School: Seminole Middle-Pn
  • High School: Seminole High-Pn
Garage
  • 12X20
Parking
  • Guest
  • Circular Driveway
  • Assigned
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2020. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 10/24/20 09:52
Tia Hockensmith, PA
Tia Hockensmith, PA