1 of 18

Want to see this property?

117 140th Avenue E

Madeira Beach, FL 33708

6 beds
4 baths
2,806 sqft
5,271 sqft lot
$338 per sqft
1971 build
– on site

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.

Listing courtesy of STELLAR_MLS / ENGEL & VOLKERS MADEIRA BEACH

Last checked: Checking… • Last updated Dec 21, 2024 •

MLS# TB8331177 —

The Building

Year Built:

1971
New Construction:

false
Construction Materials:

Block
Levels:

Two
Roof:

Built-Up
Foundation Details:

Slab
Patio And Porch Features:

Rear Porch
# of Buildings:

1
Building Area Total:

3208
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

2806
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

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

27.794679
Longitude:

-82.792095
Coordinates:

-82.792095, 27.794679

The Property

Parcel Number:

103115343620140030
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.12
Lot Size Area:

5271
Lot Size SqFt:

5271
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

Water
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Flood Zone Panel:

12103C0191H
Additional Parcels:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

3
Tax Block:

014
Tax Legal Description:

GULF SHORES 3RD ADD REPLAT BLK N, LOT 3
Tax Book Number:

21-32
Tax Annual Amount:

17250

Beds

Bedrooms Total:

6

Baths

Total Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8331177
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

None

Schools

Elementary School:

Orange Grove Elementary-PN
Middle Or Junior School:

Seminole Middle-PN
High School:

Seminole High-PN

The Community

Subdivision Name:

GULF SHORES 3RD ADD REP
Senior Community:

false
Water View:

Canal
Water View:

true
Water Access:

Canal - Saltwater
Water Access:

true
Water Extras:

No Wake Zone
Water Body Name:

Boca Ciega Bay
Waterfront:

true
Waterfront Features:

Canal - Saltwater
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Waterfront Feet Total:

115

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/20/24 Dec 20, 2024	Listed / Active	STELLAR_MLS	$950,000	-21.8% (-6.6% / YR)
9/2/21 Sep 2, 2021		STELLAR_MLS	$1,215,000	69.9% (22.1% / YR)
7/6/18 Jul 6, 2018		STELLAR_MLS	$715,000

Want a closer look?

Go see 117 140th Avenue E

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Madeira Beach, FL

Similar sold homes

This multifamily located in Madeira Beach, FL 33708 is currently for sale for $950,000. 117 140th Avenue E is a 2,806 square foot multifamily with 6 beds and 4 baths that has been on Estately for 2 days. This multifamily is in the attendance area of Seminole Middle School, Orange Grove Elementary School, and Seminole High School.

Listing Courtesy of: STELLAR_MLS and ENGEL & VOLKERS MADEIRA BEACH.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.