Lauren Swoboda
Cell: 863-398-1783
13330 3rd Street E, MADEIRA BEACH
$1,100,000
Active
Get Directions
0 Beds
0 Baths
0 Sqft
.19 Acres
0 Garages
This offering presents a UNIQUE and RARELY available Madeira Beach investment real estate property operational as a stable, turnkey, incoming-producing asset with minimal expectation of extensive near-term capex, and exceptional land-bank potential for future development of a Luxury Beach Estate. The MB Apartments are comprised of three structures, a Beach Cottage and two Duplexes, consisting of five total units (three one-bedroom, and two two-bedrooms), each with a full bath, kitchen, and living room. Residents sign annual leases, have a history of on-time payment, and are responsible for electric utilities per separate meters. Owner pays water/sewer/trash. Current rents average $817 (one-bedroom), and $888 (two-bedrooms). HVAC are a combination of central and thru-wall / window systems. Each residence has been well-maintained. Features include expansive living area, tile, laminate, and carpet flooring. Many kitchen and bathroom upgrades have been completed. Common amenities include on-site laundry, ample off-street paved parking, and a private patio courtyard. Positioned on an expansive parcel (.2 +/- acre lot of 80 x 104), the Property has historically been 100% occupied, and is projected to operate with total expenses equal to roughly 49% of EGI. Located in a quiet, secluded residential enclave between Gulf Boulevard and the Intracoastal, the Property is ideally situated three blocks to public beach access at 133rd and 134th Avenues, and one block to a public park on the Intracoastal. Roughly equidistant between Clearwater and St Petersburg, MB is a highly desired community due to its quaint coastal ambiance, and predominance of single-family homes. Largely serving year-round residences, MB has relatively fewer tourist hotels and condos. Local John’s Pass Village is known regionally as a major nightlife and shopping hotspot making it very popular among residents, and tourists alike. MB’s near three-mile sugary-sand beaches attract devotees of sun, and the Gulf’s turquoise-emerald seas. The popularity of fishing is punctuated by MB’s annual October Seafood Festival drawing up to 130,000 for celebration of food, music, arts, and crafts.
Essential Information
MLS® #
U8095672
Price
$1,100,000
Acres
0.19
Year Built
1972
Type
Residential Income
Sub-Type
Multi-Family
Status
Active
Show More Information 
Neighborhood Information for 13330 3rd Street E
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Weather
-
Highs
- January 69.30℉
- July 90.20℉
-
Lows
- January 54.00℉
- July 76.60℉
Precipitation
- 49.58"
Great Schools School Name Distance 
Madeira Beach Fundamental K-8
Public - Kindergarten to 8th Grade - Closest Elementry School1.2 Miles 
Keswick Christian School
Private - Preschool to 12th Grade - Closest Middle School2.1 Miles 
Plato Academy Of St Petersburg
Public - Preschool to 3rd Grade2.3 Miles
Community Christian School Of Five Oaks
Private - Kindergarten to 12th Grade2.3 Miles
Wellmont Academy
Private - to2.3 Miles 
Azalea Middle School
Public - 6th Grade to 8th Grade2.4 Miles
Admiral Farragut Academy
Private - Preschool to 12th Grade - Closest High School2.6 Miles School data provided by GreatSchools
Properties for Sale Similar to 13330 3rd Street E, MADEIRA BEACH, FL
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 for consumer 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.
Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on October 24th, 2020 at 7:16pm EDT.
