2 Beds
2 Baths
1,340 SqFt
2 Beds
2 Baths
1,340 SqFt
Key Details
Property Type Multi-Family, Duplex
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $429
Subdivision Sunny Shores
MLS Listing ID TB8559356
Bedrooms 2
Construction Status Completed
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,644
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 50x60
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Steps to the beach!! View the Gulf from your front porch!
Beachside living meets income-producing opportunity at 78 146th Avenue E in Madeira Beach! Just steps from the sand, this updated duplex features two one-bedroom, one-bath residences, both currently leased through July 2027. Monthly rents of $1,949 and $1,940 provide a combined $3,889 in gross monthly rental income, or $46,668 on an annualized basis at current rents.
Extensive renovations include replacement windows, exterior doors, interior doors, updated water-supply plumbing, electrical wiring and receptacles, and two water heaters. Interior improvements include wall framing, insulation, drywall, freshly finished and painted walls and ceilings, and updated baseboards and trim. Street parking available. Kitchens and bathrooms feature updated cabinetry, vanities, countertops, sinks, and toilets, along with bathtub work and washer/dryer hookups for both residences.
With tenants already in place, this property offers established rental income paired with the enduring appeal of a coastal location. Morning beach walks, afternoons by the Gulf, and sunset strolls are all just steps away. Whether expanding your investment portfolio or planning for future personal use after the existing leases expire, this Madeira Beach duplex brings together updated interiors, practical improvements, and the beach lifestyle.
The location also places you near The Beahmaker, an upcoming Marriott Autograph Collection resort and residences, and a short drive from the waterfront dining, shopping, and entertainment of John's Pass Village & Boardwalk. With a separate $115 million Marriott hotel development approved for John's Pass, these hospitality projects represent significant additional investment in Madeira Beach, adding to the appeal of owning an income-producing property in this established Gulf Coast destination.
Location
State FL
County Pinellas
Community Sunny Shores
Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Direction E
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo
Heating Central
Cooling Central Air
Flooring Marble
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Other
Parking Features Curb Parking, Driveway, Off Street
Utilities Available Other
View Y/N Yes
Water Access No
View Gulf/Ocean - Partial
Roof Type Shingle
Porch Porch
Garage false
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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