$1,500,000
$1,500,000
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6,160 SqFt
SOLD DATE : 07/15/2021
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,160 sqft
Price per Sqft $243
Subdivision Gulf Shores Sub
MLS Listing ID U8125580
Sold Date 07/15/21
Construction Status Inspections
HOA Y/N No
Year Built 1972
Annual Tax Amount $12,610
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 120X100
Property Description
8 PLEX-MADEIRA BEACH FLORIDA This BUILDING HAS 8 RENTAL UNITS (4) 2 Bedrooms/1 Baths and (4) 1 Bedroom/1 Baths GREAT RENTAL INCOME. This PROPERTY is RIGHT ACROSS THE STREET FROM THE GULF of MEXICO!! and the popular CADDYs BEACH BAR, Bring your beach chair, flip flops, and sunscreen as you have the opportunity to own a PIECE of the FLORIDA LIFESTYLE others can only dream about. This is a SOLID BUILDING -CONCRETE BLOCK. As you enter the building you will see adequate parking in the Front. This is a 2 STORY BUILDING with BUILD UP ROOF. As you enter the Front Gate you will see 4 Doors downstairs and 4 Doors upstairs. The 1 Bedroom Units face the east side of the Property. Please take note in the photos of UNIT 201: Which is an example of the 1 Bedroom unit in the Photographs This unit has TILE FLOORS, a 16 x 12 Living Room, a Galley Kitchen 8 x 8 with Whirlpool Refrigerator and Dishwasher, and Broan Electric Range. UPSTAIRS Facing the Gulf of Mexico is UNIT 203: Please note Photos attached. This is a 2 BEDROOM 1 Bath Unit that has NEW LAMINATE FLOORS, Has Whirlpool Refrigerator and Hotpoint Electric Range. Bathroom is 9x8 Tile Floors with Tub/Shower Combo. The Master Bedroom with Laminate Floors is 11x14 and the Guest Bedroom is 10x14. UNIT 104 Downstairs 2 Bedroom/1 Bath which is occupied and faces the Gulf has TILE FLOORS, a Dinette Area, and Living Room with views of the Courtyard in the Back of the Property. The Property comes with a Coin Operated Laundry area downstairs that provides additional income. Please take special note of the DRONE PHOTOGRAPHY. This Location is hard to believe at this price and with this Income Please plan on calling and seeing this unit as soon as possible
Location
State FL
County Pinellas
Community Gulf Shores Sub
Interior
Heating Central
Cooling Central Air
Fireplace false
Appliance Dryer, Electric Water Heater, Range, Refrigerator, Washer
Exterior
Exterior Feature Fence
Utilities Available Cable Available, Sewer Connected, Street Lights
Roof Type Built-Up
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, City Limits, Paved
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS GULFSIDE RLTY
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Agent | License ID: SL3269324