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Gelfand Realty Miami Properties - Multi Family

115 145TH E, MADEIRA BEACH, FL 33708

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Multi Family - MADEIRA SHORES SUB

115 145TH E, MADEIRA BEACH, FL 33708

Sold Price$980,000 Asking Price$1,149,000

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  • Days on market:

    89 day(s)
  • Original Price:

    $1,149,000
  • Price per sqft:

    $233.63
  • Tax Legal Description:

    MADEIRA SHORES SUB LOTS 19,20,21 AND 22
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Parking:

    Driveway
  • Construction Type:

    StuccoBlockConcrete
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Electric
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$1,149,000 • living size area 4918 sqft

All large 1br/1ba units; there are two duplexes and one four plex, with each apartment nearly identical in layout and size the buildings sit on a total of four lots, totaling 18,600 square feet, with 200 feet frontage on 145th, which allows for 18 parking spaces; an unusual commodity for beach apartments ideal for future redevelopment, as r-2 zoning (15 units per acre) is in place for 6 condos or town homes the buildings have about 4,436 rent able square feet, and are block construction; while they were built in 1947, they were gutted to the walls and rebuilt in 2001, with all new drywall, plumbing, electric, roofs, sewer lines, kitchens, bathrooms, etc. tenants are on month to month.pay own electric bills land lord pays water and sewer. new roofs installed in 2018

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