$622,900 • three bedroom(s) • living size area 1279 sqft

Completely renovated and fully occupied triplex with three 1 bed, 1 bath units! just a few blocks to john's pass, 3 blocks to the beach, 2 blocks to two intercoastal pocket parks. so this is one of the most desirable areas of madeira beach. new stainless steel appliances and instant-on hot water heaters in each unit. beautiful quartz countertops in the kitchen along with 42" tall solid wood cabinets. tile for easy cleaning and maintenance. 30 year roof is 5 years old. the renovation used fema approved flood resistant materials such as densglass which is a replacement for drywall and closed cell insulation instead of traditional fiberglass insulation. these materials are considered mold resistant with densglass having a rating of 10 under the astm d3273 test method. the front two units have a open living, dining, kitchen area along with a little office/dining /flex space in the entry and one bedroom and full bath for each. the back unit has a huge open area for the living/dining area with multiple large windows allowing in tons of natural light along with one bedroom, a bath and double closet for the main bedroom. there are laundry hookups in the backyard where there is a little storage unit containing the washer and dryer for tenant use. 6 foot privacy fence on the back and side of the property. 6.9% current cap rate with no rehab to do and proforma cap is 8.66%. 24 hour notice required for showings to respect the tenants.

Multi Family 3 bedrooms - PAGES REP OF MITCHELLS BEACH for Sale

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