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509 129th Avenue E

Madeira Beach, FL 33708

– beds
– baths
2,082 sqft
6,312 sqft lot
$522 per sqft
1963 build
– on site

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.

Listing courtesy of STELLAR_MLS / REDFIN CORPORATION

Last checked: Checking… • Last updated Feb 1, 2025 •

MLS# TB8340387 —

The Building

Year Built:

1963
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
Security Features:

Security System Owned
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Primary Bedroom Main Floor
Furnished:

Unfurnished
Flooring:

Concrete
Fireplace:

false

Room Dimensions

Living Area:

2082
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

I-275 South, West on 1st Ave N to Treasure Island Causeway, North on Gulf Blvd, Right onto 129th Ave, Property is on the right.
Latitude:

27.788432
Longitude:

-82.781116
Coordinates:

-82.781116, 27.788432

The Property

Parcel Number:

153115978660020060
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.14
Lot Size Area:

6312
Lot Size SqFt:

6312
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

Water
View:

true
Exterior Features:

Awning(s)
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Flood Zone Panel:

12103C0191H
Additional Parcels:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

6
Tax Block:

2
Tax Legal Description:

WILLIAM'S, BILL MADEIRA HARBOR SUB 3RD ADD BLK 2, LOT 6
Tax Book Number:

32-7
Tax Annual Amount:

11586

The Listing

Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=BUTKAB2eCC2&brand=0&mls=1&
Special Listing Conditions:

None

Heating & Cooling

Heating:

Other
Heating:

true
Cooling:

Mini-Split Unit(s)
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Microwave
Laundry Features:

Laundry Closet

Schools

Elementary School:

Orange Grove Elementary-PN
Middle Or Junior School:

Seminole Middle-PN
High School:

Seminole High-PN

The Community

Subdivision Name:

WILLIAMS BILL MADEIRA HARBOR SUB 3RD ADD
Senior Community:

false
Waterview:

Bay/Harbor - Full
Waterview:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Bridges - No Fixed Bridges
Water Body Name:

Boca Ciega Bay
Waterfront:

true
Waterfront Features:

Bay/Harbor
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Waterfront Feet Total:

55

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

3

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
1/31/25 Jan 31, 2025	Listed / Active	STELLAR_MLS	$1,088,000
8/27/18 Aug 27, 2018	Sold	STELLAR_MLS

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This multifamily located in Mitchell's Beach, Madeira Beach, FL 33708 is currently for sale for $1,088,000. 509 129th Avenue E is a 2,082 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 509 129th Avenue E is in the Mitchell's Beach neighborhood of Madeira Beach and has a WalkScore® of 30, making it car-dependent. 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 REDFIN CORPORATION.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

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.