new - 1 day on rocket

117 140th Ave E, Madeira Beach, FL, 33708

$950,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Baths
2,806 SqFt
$339/SqFt
Multi

Location

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117 140th Ave E, Madeira Beach$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Parking Pad
Year Built1971
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal, Intracoastal Waterway
ViewWater
MLS #TB8331177
Lot Size0.12 Acres
StatusActive

About 117 140th Ave E

Great Investment Opportunity,. less than 1 block from the beach!!! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long-term or seasonally, with a 3 month minimum rental. All unit is completely remodeled, including new stackable washer/dryer combos, elevated A/C units, water heaters, updated kitchens and bathrooms, new ceiling fans, and flooring. The two lower units did suffer flood damage and will need to be renovated. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and the ability to add two boat slips is there, for additional potential income. Step out of the newer hurricane impact sliding doors to view the beautiful intracoastal waterway or travel just 100 yards to sugar-sand of beautiful Madeira Beach. Conveniently located near restaurants, John's Pass Village and Boardwalk, Downtown Madeira Beach, Tom Stuart Causeway, and everything else the Gulf Beaches have to offer. Just 40 minutes' drive to Tampa International Airport and an easy drive to the Orlando theme parks. These units are a rare affordable rental on the beaches, making it easy to find tenants. Please do not walk the property or disturb the tenants without a confirmed appointment.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 2,806 SqFt

Listing Office:

  • Office Name: ENGEL & VOLKERS MADEIRA BEACH
  • Office Phone: (727) 394-7365
  • Listing Agent: Michael Wyckoff

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal, Intracoastal Waterway
  • View: Water
  • Exterior: Balcony

Parking Information:

  • Parking: Driveway, Parking Pad

Virtual/3D Tour

  • Virtual Tour: 117 140th Ave E
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Going N on Gulf Blvd, right on 140th Ave E, Property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $10,495
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madeira Beach, FL.

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Madeira Beach, FL

City

Med. Sold Price

$805.5K

Med. Price/SqFt

$604

Avg. Days On Market

79

# of Sold Homes

12

117 140th Ave E vs Madeira Beach

1 DAY ON ROCKET

-78 Days

$950,000

+$144.5K More

$339/SqFt

-$266 Less

KEY TAKEAWAY

This property is $144.5K more than the Median Sold Price and $266/SqFt less than other homes in Madeira Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8331177

Listing Office:

  • Office Name: ENGEL & VOLKERS MADEIRA BEACH
  • Office Phone: (727) 394-7365
  • Listing Agent: Michael Wyckoff

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2021Home Sold
$1,235,000
Jul 12, 2018Home Sold
$715,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,495$621,580
2019$9,467$539,421
2018$7,249$403,332
2017$6,624$398,332

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-785810
10
/10

  • Orange Grove Elementary

  • 10300 65th Ave

  • 2.60 miles

  • Public District Grades KG-5

school-card-donut-785811
6
/10

  • Seminole Elementary

  • 10950 74th Ave

  • 3.04 miles

  • Public District Grades PK-5

school-card-donut-785812
5
/10

  • Azalea Elementary

  • 1680 74th St N

  • 3.14 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,833. The majority of Madeira Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Madeira Beach›33708›117 140th Ave E

This home is located at 117 140th Ave E in Madeira Beach, FL and zip code 33708. This 2,806 square foot home, which was built in 1971, sits on a 0.12 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $950,000.

In November 2024 more than 1 listings in Madeira Beach, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Madeira Beach, FL increased by 29.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 79 days, the median list price was $805,500.

From Rocket Homes Real Estate and based on county public records data.

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