About 13228 3rd Street E
Completely renovated and fully occupied triplex with three 1 bed, 1 bath units! Just a few blocks to John's Pass, 3 blocks to the beach, 2 blocks to two intercoastal pocket parks. So this is one of the most desirable areas of Madeira Beach. New Stainless Steel appliances and instant-on hot water heaters in each unit. Beautiful quartz countertops in the kitchen along with 42" tall solid wood cabinets. Tile for easy cleaning and maintenance. 30 year roof is 5 years old. The renovation used FEMA approved flood resistant materials such as DensGlass which is a replacement for drywall and closed cell insulation instead of traditional fiberglass insulation. These materials are considered mold resistant with DensGlass having a rating of 10 under the ASTM D3273 test method. The front two units have a open living, dining, kitchen area along with a little office/dining /flex space in the entry and one bedroom and full bath for each. The back unit has a huge open area for the living/dining area with multiple large windows allowing in tons of natural light along with one bedroom, a bath and double closet for the main bedroom. There are laundry hookups in the backyard where there is a little storage unit containing the washer and dryer for tenant use. 6 foot privacy fence on the back and side of the property. 6.9% current cap rate with no rehab to do and Proforma Cap is 8.66%. 24 hour notice required for showings to respect the tenants.
Features of 13228 3rd Street E
| MLS® # | W7875642 |
|---|---|
| Price | $621,900 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 1,279 |
| Acres | 0.09 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Listing Details
| Office | DALTON WADE INC |
|---|
Listing Map
Neighborhood Information for 13228 3rd Street E
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Madeira Beach Fundamental K-8 Public - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
Keswick Christian School Private - Preschool to 12Th Grade - Closest Middle School |
2 Miles | |
|
|
Community Christian School Of Five Oaks Private - Kindergarten to 12Th Grade |
2 Miles | |
|
|
Wellmont Academy Private - to |
2 Miles | |
|
Plato Academy Of St Petersburg Public - Preschool to 3Rd Grade |
2 Miles | |
|
Azalea Middle School Public - 6Th Grade to 8Th Grade |
2 Miles | |
|
|
Admiral Farragut Academy Private - Preschool to 12Th Grade - Closest High School |
3 Miles |
School data provided by GreatSchools