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Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,492 sqft
Price per Sqft $415
Subdivision Mitchells Beach Rev
MLS Listing ID U8046649
Sold Date 10/11/19
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1942
Annual Tax Amount $9,300
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 120x104
Property 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 John's 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.V's, & 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 owner's office, a storage shed for all your beach chairs & toys, & even more room in the one car garage. The owner's 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. Don't miss out on your chance to not only make money, but live where others vacation at the same time!
Location
State FL
County Pinellas
Community Mitchells Beach Rev
Direction E
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Mini-Split Unit(s)
Flooring Laminate
Fireplace false
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Outdoor Grill, Outdoor Shower, Rain Gutters, Storage
Parking Features Common, Guest, Open, Reserved
Garage Spaces 1.0
Pool Fiberglass, Heated, In Ground, Lighting
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected
Water Access 1
Water Access Desc Bay/Harbor,Beach - Public
Roof Type Shingle
Porch Patio
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description FloodZone, City Limits, Paved
Entry Level One
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with RESORT REALTY