$1,048,000 • living size area 2082 sqft • waterfront access
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.509 129TH E, MADEIRA BEACH, FL 33708
Multi Family - WILLIAMS BILL MADEIRA HARBOR SUB 3RD ADD for Sale
509 129TH E, MADEIRA BEACH, FL 33708Asking Price$1,048,000 Change Price$40,000
- Living 2082sqft
- Lot size 6312sqft
- Taxes: Register to see
- Year Built 1963
-
Days on market:
47 day(s) Original Price:
$1,088,000-
Price per sqft:
$503.36 Tax Legal Description:
WILLIAM'S, BILL MADEIRA HARBOR SUB 3RD ADD BLK 2, LOT 6Tax Year:
2024-
MLS:
TB8340387 -
Property Type:
Multi Family -
Furnished Info:
Unfurnished -
Waterfront:
Yes Waterfront Description:
Bay/Harbor Gulf/Ocean to Bay-
View:
Water
Elementary School:
Orange Grove Elementary-PNMiddle School:
Seminole Middle-PNSenior High School:
Seminole High-PN
Construction Type:
BlockRoof:
ShingleCooling Description:
Mini-Split Unit(s)Heating Description:
OtherFloor Description:
ConcreteTerrazzoInterior Features:
Primary Bedroom Main FloorExterior Features:
SidewalkAwning(s)Equipment/Appliances:
MicrowaveSpecial Listing Conditions:
None
Description
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