$630,000
$625,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
11 LYNN WAY Madeira Beach, FL 33708
1,992 SqFt
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $316
Subdivision Gulf Shores 6Th Add Rep
MLS Listing ID U8123016
Sold Date 06/16/21
Construction Status No Contingency
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,905
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 120x100
Property Description
SOLID INVESTMENT OPPORTUNTIY IN MADEIRA BEACH JUST A MINUTE OR TWO FROM THE GULF OF MEXICO! Come see this four unit - 1 bedroom/1 bathroom - property which has been a historically strong income producing investment in central Madeira Beach just minutes from the soft sands of the Gulf of Mexico. It can be used for mid-term or long-term rentals. All four units are in great shape and been well maintained and/or thoroughly renovated and tastefully updated since 2017 with new doors, concrete pads, kitchens, appliances, sinks and faucets, cabinets, countertops and mini-split air conditioning units (6). The electrical panels were also updated since construction!!! The building is comprised of cement block with new insulation installed this year. The backyard is expansive with plenty of room for storage. Each unit has its own private backyard space with access from the back of the unit. This property is perfect for investors looking for the stability of longer-term tenants or one that may want to keep a unit for a weekend get-away since the property is just two minutes from the sandy white Gulf Beaches and close to nearby restaurants and bars. Please review all photos and online documents before scheduling appointments and allow at least 24 hours for showings as the property is currently tenant-occupied. (Please do not disturb the tenants.) CALL FOR MORE INFORMATION & TO SCHEDULE YOUR SHOWING TODAY!!
Location
State FL
County Pinellas
Community Gulf Shores 6Th Add Rep
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Skylight(s)
Heating Other
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile
Fireplace false
Appliance Microwave, Range, Refrigerator
Exterior
Exterior Feature Fence, Lighting
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
Roof Type Other,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with COASTAL PROPERTIES GROUP