New Listing
113 145 Ave E,MADEIRA BEACH, FL 33708
MADEIRA BEACH, FL 33708
Description
Virtually Staged. MADEIRA BEACH SIX-UNIT INCOME-PRODUCING PROPERTY - JUST TWO BLOCKS FROM THE BEACH! An exceptional opportunity to acquire a six-unit multifamily property in one of Madeira Beach's most desirable coastal locations. The property features a highly versatile mix of two one-bedroom units and four studio units, creating multiple avenues for rental income and long-term investment potential. Property is fully leased. The property currently generates significant income with low expenses and 6 CAP rate at list price. The combination of established income, incredible coastal location just two blocks from the beach, strong NOI, location, and six individual rental units provides an attractive foundation for both experienced multifamily investors and buyers looking to expand their income-producing portfolio. Unit sizes are approximately 700-800 square feet for the one-bedroom residences and approximately 550-650 square feet for the studios. Select units are fully furnished, providing additional flexibility for furnished, seasonal, or mid-term rental strategies where permitted. The efficient layouts and individual units provide the ability to manage and optimize rents on a unit-by-unit basis. Residents are within easy reach of the Gulf beaches, restaurants, shopping, entertainment, and the highly popular John's Pass Village & Boardwalk. The property's proximity to the beach and surrounding amenities provides strong rental appeal and supports continued demand from both local and seasonal tenants. The property presents an attractive combination of strong income, excellent location, good unit count, and future upside that is increasingly difficult to find in the Madeira Beach market. An excellent opportunity to acquire a coastal multifamily asset with current cash flow and the potential to further optimize rental performance. Buyer to independently verify all zoning, permitted uses, rental restrictions, licensing requirements, operating expenses, income, and other property information.
Details
| MLS # | A4708837 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-family 5+ |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1948 |
| Days On Site | 5 |
| Listing Provided By | PREFERRED SHORE LLC | Daniel Petrilla |
Features
| SQ Feet | 2,145 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | MULTI |
| Acreage | 0.10 |
| Property View | Beach, Gulf, Ocean - Partial |
Taxes
| Property | 9332 |
|---|
Area Information
| State | FL |
|---|---|
| County | Pinellas |
| City | MADEIRA BEACH |
| Zip Code | 33708 |
| Area | 33708 St Pete | Madeira Bch | N Redington Bch | Shores |
| Listing VS Median (in 33708) | |
Price: $1,800,000 low | high Med: $469,900 sqft: 2,145 low | high Med: 1,060 $ / sqft: $839 low | high Med: $443 On site: 5 low | high Med: 89 | |
Market Activity 33708
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Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 12, 2026 at 12:19:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | FL |
|---|---|
| County | Pinellas |
| City | MADEIRA BEACH |
| Zip Code | 33708 |
| Area | 33708 St Pete | Madeira Bch | N Redington Bch | Shores |
| Listing VS Median (in 33708) | |
Price: $1,800,000 low | high Med: $469,900 sqft: 2,145 low | high Med: 1,060 $ / sqft: $839 low | high Med: $443 On site: 5 low | high Med: 89 | |