13207 3rd Street East

13207 3rd Street East

Madeira Beach, FL 33708

$1,050,000
Price
—
Beds
1,890 Sq. Ft.
$556 / Sq. Ft.
1,890
Sq. Ft.
$556
per Sq. Ft.

Listed By Compass

Pending

Listed By Compass

Pending

Description

Under contract-accepting backup offers. SUBJECT TO/CREATIVE FINANCING! Amazing 6-unit FULLY FURNISHED multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a DOUBLE lot with endless possibilities for adding amenities, boat parking, a pool, fire pit, beach volleyball court, amenities, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. This is the crown jewel of any multifamily portfolio with lots...Under contract-accepting backup offers. SUBJECT TO/CREATIVE FINANCING! Amazing 6-unit FULLY FURNISHED multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a DOUBLE lot with endless possibilities for adding amenities, boat parking, a pool, fire pit, beach volleyball court, amenities, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. This is the crown jewel of any multifamily portfolio with lots of ways to add value to this already stunning property. Ability to take out the water toys on the intercostal as well as mere steps away from the sugar sand Madeira Beach and John’s Pass Village. Call today and don’t miss out on this amazing investment! Will generate income of around $144,000 per year as a seasonal rental or $126,000 per year as an annual rental. Also, owner financing available with a minimum of a $400k down payment. Please see the attached financials and creative financing options!

Listing Agent

  1. Zach Steinberger

    Zach Steinberger

    Listing Agent

    Compass

    CallTextEmail

Property Details for 13207 3rd Street East

Subdivision Name
PAGES REP OF MITCHELLS BEACH
Township
31
Waterfront
No
Furnished
Turnkey

Location

Add your commute
LISTING UPDATED: 05/01/2024 02:00 PM

Property Details for 13207 3rd Street East

StatusPending
MLS #U8225132
Days on Market114
Taxes$9,023 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1958
Lot Size0.19 AC / 8,124 SF
CountyPinellas County

Location

Add your commute

Building Information for 13207 3rd Street East

Stories-Residences6Year Built1958Building Size-Lot Size0.19 AC / 8,124 SF

Payment Calculator

$6,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$752

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13207 3rd Street East

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2330.0
  • Building Area Units: Square Feet
  • Directions: From Treasure Island Causeway, turn right on Gulf Blvd, turn right on 133rd Ave E, turn right on 3rd St E and house is on the left.
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 13207
  • Street Name: 3RD
  • 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: J
  • Tax Book Number: 20-69
  • Tax Legal Description: PAGE'S REPLAT OF MITCHELL'S BEACH BLK J, LOTS 2 AND 3
  • Tax Lot: 2
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: FloodZone, Irregular Lot, Level/Flat, Near Marina, Oversized Lot
  • Lot Size Dimensions: 80x104
  • Parcel Number: 15-31-15-65304-010-0020
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1890
  • Lot Dimensions: 80x104
Property and Assessments
  • Year Built Numeric: 1958
  • Flood Zone Code: AE
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 15
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
  • Num Electric Meters: 6.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Awning(s), Lighting
  • Foundation Details: Crawlspace
  • Levels: One
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Cooktop, Dishwasher, Microwave, Range, Refrigerator
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: Wall Units / Window Unit
  • Interior Features: Open Floorplan, Vaulted Ceiling(s), Window Treatments
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $36,000
  • Annual Net Income: $108,000.00
  • Est Annual Market Income: $108,000.00
  • Gross Income: $144,000
  • Total Monthly Expenses: $3,000
  • Unit Count: 6
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 0
  • Unit Type Garage Attached 1: No
  • Unit Type Garage Spaces 1: 0
  • Unit Type Heated Sq Ft 1: 350
  • Unit Type Number Of Units Occupied 1: 0
  • Unit Type Pro Forma 1: 2000
  • Unit Type Type 1: Studio
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 0
  • Unit Type Garage Attached 2: No
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 350
  • Unit Type Number Of Units Occupied 2: 0
  • Unit Type Pro Forma 2: 2000
  • Unit Type Type 2: Studio
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 0
  • Unit Type Garage Attached 3: No
  • Unit Type Garage Spaces 3: 0
  • Unit Type Heated Sq Ft 3: 350
  • Unit Type Number Of Units Occupied 3: 0
  • Unit Type Pro Forma 3: 2000
  • Unit Type Type 3: Studio
  • Unit Type Units Total 3: 1
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 0
  • Unit Type Garage Attached 4: No
  • Unit Type Garage Spaces 4: 0
  • Unit Type Heated Sq Ft 4: 350
  • Unit Type Number Of Units Occupied 4: 0
  • Unit Type Pro Forma 4: 2000
  • Unit Type Type 4: Studio
  • Unit Type Units Total 4: 1
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 0
  • Unit Type Garage Attached 5: No
  • Unit Type Garage Spaces 5: 0
  • Unit Type Heated Sq Ft 5: 350
  • Unit Type Number Of Units Occupied 5: 0
  • Unit Type Pro Forma 5: 2000
  • Unit Type Type 5: Studio
  • Unit Type Units Total 5: 1
Unit 6
  • Unit Type Baths Total 6: 1
  • Unit Type Beds Total 6: 0
  • Unit Type Garage Attached 6: No
  • Unit Type Garage Spaces 6: 0
  • Unit Type Heated Sq Ft 6: 350
  • Unit Type Number Of Units Occupied 6: 0
  • Unit Type Pro Forma 6: 2000
  • Unit Type Type 6: Studio
  • Unit Type Units Total 6: 1
Rental
Rental Information
  • Total Actual Rent: $12,000

Property History for 13207 3rd 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 13207 3rd Street East

Taxable ValueLand-Additions-Total-
Tax Record2023$10,148 ($846 / month)
Home Facts
Baths6Total Finished SqFt1,890 SqFtAbove Grade Finished SqFt1,890 SqFtStories1Lot Size8,124 SqFtStyleMulti-Family Res (5+ Units)Year Built1958Year Renovated1989CountyPINELLASAPN15-31-15-65304-010-0020

Schools near 13207 3rd Street East

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Orange Grove Elementary School
Public - PK to 5
Seminole Middle School
Public - 6 to 8
Seminole High School
Public - 9 to 12
Madeira Beach Fundamental K-8
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.

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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.

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: 05/01/2024 02:00 PM