$1,000,000
Description
Investor & Developer Alert! This rare Madeira Beach triplex + adjacent lot presents an incredible value-add or redevelopment opportunity on a large corner lot just steps from the water. Featuring a 3/2 upstairs with water views, plus a 2/1 and 1/1 downstairs, this property offers multiple income streams and high rental demand in a sought-after beach community. While the downstairs units were impacted by recent storms, the upstairs remains intact, providing an immediate rental option while you plan your next move. Whether you renovate, hold for cash flow, or redevelop, the potential is limitless. The included extra lot with parking and a 2-car garage adds even more value, making this a prime opportunity for expansion or new construction in a high-growth area. Additionally, short-term seasonal rentals (3-month minimum) are allowed, making this an excellent option for snowbirds and vacation renters looking for extended stays. Located in the heart of Madeira Beach, a top destination for tourists and locals alike, this property offers unmatched privacy with a lush tree-lined courtyard while being moments from John’s Pass, pristine beaches, and entertainment. Unique properties like this don’t last—seize the opportunity today!
Listed by Jenn Cook, .
Property Highlights
- Property Type: Multi Family, Triplex
- MLS #: TB8358589
Room Information
| Garage | Yes |
| Garage Spaces | 2 |
| Laundry | In Garage |
Property Features
| Additional Parcels | Yes |
| Appliances | Range, Refrigerator |
| Construction Materials | Block |
| Cooling | Wall/Window Unit(s) |
| Has View | Yes |
| Interior Square Footage | 2,016 |
| Lot Size Acres | 0.21 |
| Lot Size Square Feet | 9,000 |
| Roof | Shingle |
| Sewer | Public Sewer |
| Water Source | Public |
| Windows | Blinds |
3D Tour
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