Saint Petersburg,
Florida FL33708
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
Listing ID934553
Sold For$3,100,000
StatusClosed
Sold Date9/09/2022
SqFt
1,883
Acres
0.140
CountyPinellas
Year Built1941
Property TypeResidential Income
Property Sub TypeDuplex
Property Sub Type
Duplex
Property Type
Residential Income
Year Built
1941
Association
no
Directions
TAKE TOM STUART CAUSEWAY WEST TO GULF BLVD. TURN LEFT ON GULF BLVD AND PROPERTY WILL BE ON YOUR RIGHT.
General Property Information Association
no
General Property Information Building Area Total
1883
General Property Information Waterfront
yes
MLS Area Major
999 - Out of Area
MLS Area Minor
999 - Out of Area
Waterfront
yes
Waterfront Features
Ocean Front
Listing Terms
Cash, Conventional
Owner Pays
Other
Possession
Close Of Escrow
Special Listing Conditions
Standard
Tax Annual Amount
20511.9
Tax Year
2021
Appliances
Dryer, Refrigerator, Washer
Cooling
yes
Cooling Type
Central Air
Flooring
Other
General Property Information Living Area
1593
General Property Information Living Area Source
Public Records
Levels
One
Living Area
1593
Living Area Source
Public Records
Attached Garage
no
Carport
no
Construction Materials
Wood Siding
Garage
yes
Garage Spaces
1
General Property Information Carport
No
General Property Information Garage
yes
General Property Information Garage Spaces
1
General Property Information Lot Size Acres
0.14
General Property Information Lot Size Dimensions
62X100
General Property Information Lot Size Square Feet
6200
General Property Information Number Of Units Total
2
General Property Information Parking Total
10
General Property Information Water Frontage Feet
1
Lot Size Area
0.14
Lot Size Dimensions
62X100
Lot Size Square Feet
6200
Lot Size Units
Acres
Number Of Units Total
2
Parking Features
Additional Parking, Detached
Parking Total
10
Pool Features
None
Roof
Shingle
Utilities
Cable Available, Sewer Available, Water Available
Water Source
Public
General Property Information Property Use
0820
General Property Information Use Code
MULTI-FAM
Mls Status
Closed
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