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Key Facts

Type Triplex
Levels Residential Income
Size 1279 sqft
Garage No
Taxes $6,054
Days Active 26
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $496
MLS® Number W7875642

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Completely renovated and fully occupied triplex with three 1 bed, 1 bath units! Just a few blocks to John's Pass, 3 blocks to the beach, 2 blocks to two intercoastal pocket parks. So this is one of the most desirable areas of Madeira Beach. New Stainless Steel appliances and instant-on hot water heaters in each unit. Beautiful quartz countertops in the kitchen along with 42" tall solid wood cabinets. Tile for easy cleaning and maintenance. The renovation used FEMA approved flood resistant materials such as DensGlass which is a replacement for drywall and closed cell insulation instead of traditional fiberglass insulation. These materials are considered mold resistant with DensGlass having a rating of 10 under the ASTM D3273 test method. The front two units have a open living, dining, kitchen area along with a little office/dining /flex space in the entry and one bedroom and full bath for each. The back unit has a huge open area for the living/dining area with multiple large windows allowing in tons of natural light along with one bedroom, a bath and double closet for the main bedroom. There are laundry hookups in the backyard where there is a little storage unit containing the washer and dryer for tenant use. 6 foot privacy fence on the back and side of the property. 6.9% current cap rate with no rehab to do and Proforma Cap is 8.66%. 24 hour notice required for showings to respect the tenants.Show Description
MLS® NumberW7875642
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.09
ExteriorFence, Private Mailbox
GarageNo
Approx. Age1947
Basement
DrivewayCommon
Garage Spaces
HeatCentral, Electric, Ductless
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

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