1407 South Madison Avenue

Clearwater, FL 33756

$330,000
Last Sold Price
4
Beds
1,560 Sq. Ft.
$212 / Sq. Ft.
1,560
Sq. Ft.
$212
per Sq. Ft.

Description

Attention investors, do not miss this income-producing opportunity! Presenting the Madison Ave Duplex in Clearwater. Each unit is a 2 bed, 1 bath with long-term CLEAN Section 8 Tenants (7+ years and 4+ years) currently providing guaranteed rent payments on the 1st of every month. This property will produce on day 1. Rents are a little bit below market value. Seller has agreed to provide Home Warranty plan with purchase. The duplex sits on a 5,200 sqft lot. No HOA and No Flood Insurance required!...Attention investors, do not miss this income-producing opportunity! Presenting the Madison Ave Duplex in Clearwater. Each unit is a 2 bed, 1 bath with long-term CLEAN Section 8 Tenants (7+ years and 4+ years) currently providing guaranteed rent payments on the 1st of every month. This property will produce on day 1. Rents are a little bit below market value. Seller has agreed to provide Home Warranty plan with purchase. The duplex sits on a 5,200 sqft lot. No HOA and No Flood Insurance required! Block exterior downstairs and wood framing upstairs. Separately metered electric, gas and water, tenants pay their own utilities. Both units have washer/dryer hookups inside and offer plenty of space for all of your renters' needs and belongings. Located near to beautiful Lake Bellevue and Wright Park which has tennis courts, walking trails, horseshoe courts, and facilities. Also nearby is the Ross Norton Recreation and Aquatic Complex which offers a calendar of events as well as swimming pools, fitness center, basketball courts, ping pong, skate park, youth clubs, and more! Shopping, banking, restaurants, downtown Clearwater and the Clearwater beaches are minutes away.
  1. Listed by Tulio Zuloaga • SELLSTATE LEGACY REALTY

Property Details for 1407 South Madison Avenue

Subdivision Name
MOORES GEO SUB
Township
29
Waterfront
No

Location

Listing Courtesy of SELLSTATE LEGACY REALTY, Tulio Zuloaga

Sold By KELLER WILLIAMS REALTY, Kristin Anderson

Add your commute
LISTING UPDATED: 09/26/2022 05:20 PM

Property Details for 1407 South Madison Avenue

StatusSold
MLS #T3379897
Days on Market47
Taxes$2,175 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1971
Lot Size0.12 AC / 5,200 SF
CountyPinellas County

Location

Listing Courtesy of SELLSTATE LEGACY REALTY, Tulio Zuloaga

Sold By KELLER WILLIAMS REALTY, Kristin Anderson

Add your commute

Building Information for 1407 South Madison Avenue

Stories-Residences2Year Built1971Building Size-Lot Size0.12 AC / 5,200 SF

Payment Calculator

$1,982 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,801

Property Taxes

$181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1407 South Madison Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1715.0
  • Building Area Units: Square Feet
  • Community Features: Fitness, Playground, Pool, Sidewalk, Tennis Courts, Waterfront
  • Directions: Southbound on Alt 19/Missouri Ave, make a right on Kingsley St, then a left on S Madison Ave, property is the second one on your left.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1407
  • Street Direction Prefix: S
  • Street Name: MADISON
  • Street Suffix: AVENUE
  • State: FL
  • City: CLEARWATER
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Number Of Pets: 10+
  • Pet Size: Extra Large (101+ Lbs.)
  • Tax Block: 000
  • Tax Book Number: 10-12
  • Tax Legal Description: MOORE'S, GEO. SUB LOT 2
  • Tax Lot: 2
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Walking distance to beautiful Lake Bellevue adjacent to Wright Park which is a spectacular City park with tennis courts, walking trails, and horseshoe courts.
  • Lot Features: In City Limits
  • Lot Size Dimensions: 52x100
  • Parcel Number: 22-29-15-58860-000-0020
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1560
  • Lot Dimensions: 52x100
Property and Assessments
  • Year Built Numeric: 1971
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 22
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Wood Frame
  • Exterior Features: Other
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Appliances: Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating: Natural Gas, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $19,000.00
  • Est Annual Market Income: $35,000.00
  • Gross Income: $30,000
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 840
  • Unit Type Pro Forma 1: 1300
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 720
  • Unit Type Pro Forma 2: 1200
  • Unit Type Type 2: 2 Bed/1 Bath
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Water
  • Total Actual Rent: $2,500
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 1407 South Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1407 South Madison Avenue

Taxable ValueLand-Additions-Total-
Tax Record2018$1,581 ($132 / month)
Home Facts
Baths2Above Grade Finished SqFt1,560 SqFtStories2Lot Size5,184 SqFtStyleMulti-Family Res (5+ Units)Year Built1971Year Renovated1983CountyPINELLASAPN222915588600000020

Schools near 1407 South Madison Avenue

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Ponce De Leon Elementary School
PublicPK to 5

Largo Middle School
Public6 to 8

Clearwater High School
Public9 to 12

Pinellas Academy Of Math And Science
CharterK 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.

Listing Courtesy of SELLSTATE LEGACY REALTY, Tulio Zuloaga

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: 09/26/2022 05:20 PM