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Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,822 sqft
Price per Sqft $321
Subdivision Gulf Shores 6Th Add Rep
MLS Listing ID U8111977
Sold Date 03/19/21
Construction Status Inspections
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,995
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions see tax rec
Property Description
GREAT INVESTMENT! CONTINUALLY RENTED SINCE 2011. Just 4 blocks to beach! "Villas by the Sea" is beachside community of three Villas. A truly unique property, the tenants love the extra privacy - Each villa has its own private entrance, parking spaces, outdoor patio area separated by building's layout and tropical palms borders.
Villa #1 is 1BR+den/1BA $995/month, Villa #2 is 2BR/1BA $1200/month includes 1 car garage, Villa #3 is 1BR/1BA $975/month.
2020 updates: new vinyl faux wood plank flooring in all villas, new ACs in #1, #2 and #3, kitchen cabinets in #1 & #3, new kitchen counter in #3, new washer. ENJOY PEACE OF MIND - entire triplex was professionally rodent/animal proofed, tented for dry wood termites and treated to prevent subterranean termites with WARRANTIES. Upgrades 2016: ALL new circuit breaker panels in EACH villa & new GFIs in all required areas per CITY inspection, #2 new tankless water heater. 2014 roof replaced.
Included in sale is in the EAST side one car garage and storage area with washer/dryer in back part of bldg. with “Maintenance Agreement“ with owner of east side. The entire garage bldg. new roof in 2014.*SEE survey -property line goes through garage bldg.*Huge corner lot would have water views of Intracoastal waterway/bay if second story added and or great, extra large lot to build new (contact City for details). Community "Elks Club" across street, tenants enjoy waterfront pool, clubhouse, boat dock rentals for a small annual fee.
Enjoy up and coming Madeira Beach before prices go sky high! Great beach community features waterfront parks, tennis courts, leash free dog park, baseball fields, Marina, out door concert area on waterfront, fishing piers plus many public beach accesses.
"Mad Beach" has so much to offer with that small beach town feel.
Being sold AS-IS with right to inspect. Need 24 hours showings with all 3 friendly tenants.
Location
State FL
County Pinellas
Community Gulf Shores 6Th Add Rep
Rooms
Other Rooms Bonus Room, Great Room, Inside Utility, Interior In-Law Suite
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Other
Parking Features Assigned, Boat, Driveway, Ground Level, Guest, On Street
Garage Spaces 1.0
Community Features Fishing, Fitness Center, Park, Playground, Boat Ramp, Tennis Courts, Water Access, Waterfront
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Water Access 1
Water Access Desc Beach - Public,Gulf/Ocean,Intracoastal Waterway
View Garden
Roof Type Other,Shingle
Porch Patio
Attached Garage false
Garage true
Private Pool No
Building
Lot Description Corner Lot, FloodZone, City Limits, In County, Irregular Lot, Near Golf Course, Near Marina, Near Public Transit, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Other
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DALTON WADE, INC.