13312 1st Street E
MADEIRA BEACH, FL 33708

$1,580,000

Description

GREAT LAND & BUSINESS INVESTMENT OPPORTUNITY!! Situated on 3 parcels, these 7 Profitable Beach Cottages are located 1 block from the Pearly White Sands of Madeira Beach. Take a short walk to the Famous Johns Pass Village & enjoy some of the best dining, shopping, water sports & sunsets Florida has to offer. This family owned & operated business consists of (3) studio cottages, (3) 1 Bed/1 Bath cottages & (1) large 2 Bed/1 Bath cottage with an attached garage all with their own parking space. The owners have completed many updates in 2014/15 including Low Energy Mini Split AC/Heat, 2 NEW Stackable Washer/ Dryers, newer appliances, full glass entry doors with blind inserts, private paver patios, adjustable beds, sleeper sofas in each cottage, flat screen T.Vs, & a new pool heater, pump & light. Take a dip in the pool after a day at the beach & stay cool under the 2 poolside Tiki huts. The property features lush landscaping, a large BBQ area , onsite laundry, an owners office, a storage shed for all your beach chairs & toys, & even more room in the one car garage. The owners have worked hard to create a great repeat business with very loyal clientele returning each year. Preliminary approval has been obtained from the Madeira Beach Zoning Dept to develop townhomes/apartments on this site. This property is Turn Key, sold furnished & is completely ready for you to take ownership. Dont miss out on your chance to not only make money, but live where others vacation at the same time!

Details

MLS#U8046649
Sub-TypeResale
StatusActive
Year1942
Days On Site55

Features

SQ Feet3,492
Units7
Building(s)7

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Area Information

StateFL
CountyPinellas
CityMADEIRA BEACH
Zip Code33708
Area33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Listing VS Median (in 33708)
Price:
$1,580,000
low | high
Med:
$417,000
100% of Average
SqFt:
3,492
low | high
Med:
2,328
83.333333333333% of Average
$ / SqFt:
$452
low | high
Med:
$179
100% of Average
On Site:
55
low | high
Med:
193
28.497409326425% of Average
Listing Updated: 07/16/2019
MLS Number: U8046649
Listing Provided By:
Mike Wheaton  of  COASTAL PROPERTIES GROUP

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