Nest Seekers

NEW TO MARKET ! ! ! NEW TO MARKET !

78 146TH AVENUE
MADEIRA BEACH, FL 33708

Listing

Web ID:5809836
Website:https://www.nestseekers.com/5809836

Property

Ownership: Fee Simple
Type: Duplex
Bedrooms: 2 BR
Bathrooms: 2
Area: 1340 sq ft
Lot Size: 0.1 Acres

Financials

Price:$575,000
Annual Taxes:$3,644.63

Description

NEW TO MARKET!!! NEW TO MARKET!!! NEW TO MARKET!!! Steps to the beach!! View the Gulf from your front porch! Beachside living meets income-producing opportunity at 78 146th Avenue E in Madeira Beach! Just steps from the sand, this updated duplex features two one-bedroom, one-bath residences, both currently leased through July 2027. Monthly rents of $1,949 and $1,940 provide a combined $3,889 in gross monthly rental income, or $46,668 on an annualized basis at current rents. Extensive renovations include replacement windows, exterior doors, interior doors, updated water-supply plumbing, electrical wiring and receptacles, and two water heaters. Interior improvements include wall framing, insulation, drywall, freshly finished and painted walls and ceilings, and updated baseboards and trim. Street parking available. Kitchens and bathrooms feature updated cabinetry, vanities, countertops, sinks, and toilets, along with bathtub work and washer/dryer hookups for both residences. With tenants already in place, this property offers established rental income paired with the enduring appeal of a coastal location. Morning beach walks, afternoons by the Gulf, and sunset strolls are all just steps away. Whether expanding your investment portfolio or planning for future personal use after the existing leases expire, this Madeira Beach duplex brings together updated interiors, practical improvements, and the beach lifestyle. The location also places you near The Beahmaker, an upcoming Marriott Autograph Collection resort and residences, and a short drive from the waterfront dining, shopping, and entertainment of John’s Pass Village & Boardwalk. With a separate $115 million Marriott hotel development approved for John’s Pass, these hospitality projects represent significant additional investment in Madeira Beach, adding to the appeal of owning an income-producing property in this established Gulf Coast destination.

Amenities

  • Eat-in Kitchen
  • Gulf Ocean Partial
  • Living Room/Dining Room Combo
  • Other
  • Range
  • Refrigerator

Location

78 146TH MADEIRA BEACH FL 33708 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of KELLER WILLIAMS REALTY- PALM H
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