13119 4th Street East

Madeira Beach, FL 33708

$779,000
Price
—
Beds
1,273 Sq. Ft.
$612 / Sq. Ft.
1,273
Sq. Ft.
$612
per Sq. Ft.

Description

Charming 4-Plex in Prime Madeira Beach Location
Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and a mere half-mile from convenient public beach access. Key Features:
Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable
...Charming 4-Plex in Prime Madeira Beach Location

Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and a mere half-mile from convenient public beach access. Key Features:

Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments. Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John's Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience. Occupancy Status: Currently, all units are 100% occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments. Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends. Additional Amenities:

Dedicated parking spaces for each unit
Coin operated laundry
Landscaped grounds for a serene atmosphere

Investment Potential:

With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market. Don't miss out on this chance to own a piece of Madeira Beach's vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!
  1. Listed by Beverly Grace • GRACE REALTY & PROPERTY MGMT

Property Details for 13119 4th Street East

Subdivision Name
PAGES REP OF MITCHELLS BEACH
Township
31
Waterfront
No

Location

Listing Courtesy of GRACE REALTY & PROPERTY MGMT, Beverly Grace
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LISTING UPDATED: 05/02/2024 06:29 AM

Property Details for 13119 4th Street East

StatusActive
MLS #U8218713
Days on Market185
Taxes$4,898 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1945
Lot Size0.09 AC / 4,060 SF
CountyPinellas County

Location

Listing Courtesy of GRACE REALTY & PROPERTY MGMT, Beverly Grace
Add your commute

Building Information for 13119 4th Street East

Stories-Residences4Year Built1945Building Size-Lot Size0.09 AC / 4,060 SF

Payment Calculator

$4,659 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,251

Property Taxes

$408

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13119 4th Street East

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Gulf Blvd to 133rd E to stop sign, stay right to 4th Street E.
  • Elementary School: Orange Grove Elementary-PN
  • Middle Or Junior School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Mls Major Change Type: Price Increase
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 13119
  • Street Name: 4TH
  • Street Suffix: STREET
  • Street Direction Suffix: E
  • State: FL
  • City: MADEIRA BEACH
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 017
  • Tax Book Number: 20-69
  • Tax Legal Description: PAGE'S REPLAT OF MITCHELL'S BEACH BLK Q, LOT 3
  • Tax Lot: 3
  • Tax Other Annual Assessment Amt: $0
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Landscaped, Near Public Transit, Street Paved
  • Lot Size Dimensions: 40x104
  • Parcel Number: 15-31-15-65304-017-0030
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1273
  • Lot Dimensions: 40x104
Property and Assessments
  • Year Built Numeric: 1945
  • Flood Zone Code: AE
  • Flood Zone Date: 08-24-2021
  • Flood Zone Panel: 12103C0191H
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 15
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: HardiPlank Type, Wood Frame
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Wall Units / Window Unit
  • Interior Features: Open Floorplan
  • Laundry Features: Laundry Closet, Outside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $59,404.00
  • Gross Income: $68,808
  • Total Monthly Expenses: $821
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 0
  • Unit Type Pro Forma 1: 1200
  • Unit Type Type 1: Efficiency
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 0
  • Unit Type Pro Forma 2: 1290
  • Unit Type Type 2: Efficiency
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Pro Forma 3: 1644
  • Unit Type Type 3: 1 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Pro Forma 4: 1622
  • Unit Type Type 4: 1 Bed/1 Bath
Rental
Rental Information
  • Tenant Pays: Electricity

Property History for 13119 4th Street East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13119 4th Street East

Taxable ValueLand-Additions-Total-
Tax Record2023$5,613 ($468 / month)
Home Facts
Baths4Total Finished SqFt1,273 SqFtAbove Grade Finished SqFt1,273 SqFtStories1Lot Size4,060 SqFtStyleQuadraplexYear Built1945Year Renovated1988CountyPINELLASAPN15-31-15-65304-017-0030

Schools near 13119 4th Street East

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Orange Grove Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

Seminole High School
Public9 to 12

Madeira Beach Fundamental K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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13119 4th Street East is a multi-family home for sale in Madeira Beach, FL 33708. This property was listed for sale on October 25, 2023 by GRACE REALTY & PROPERTY MGMT, it's currently listed at $779,000. It has been on the market for a total of 185 days and was last sold on November 27, 2013. This listing's school district is Pinellas. Nearby schools include Orange Grove Elementary School, Seminole Middle School and Seminole High School. 13119 4th Street East is a 0-bed, 0-bath, 1,273 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GRACE REALTY & PROPERTY MGMT, Beverly Grace

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/02/2024 06:29 AM