$280,000
$289,999
3.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
998 SqFt
SOLD DATE : 10/12/2022
Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 998 sqft
Price per Sqft $280
Subdivision Unincorporated
MLS Listing ID T3398721
Sold Date 10/12/22
Bedrooms 3
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1947
Annual Tax Amount $2,354
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 45x205
Property Description
Amazing opportunity to own a fully occupied duplex (month to month lease) 1.5 miles away from Madeira beach. CAP RATE 7.5%!! Property is currently zoned commercially with C-1 zoning, but county will allow it to stay as residential use. You cannot add on additional units residentially, but you could add on additional units if you wanted to change it to commercial. Perfect air bnb location, short term rental or long term rental. SHORT TERM FINANCING AVAILABLE!! This property is currently an investment property for the owner generating $2400 per month when combining both units, A and B. LEASE IS MONTH TO MONTH making this a quick move in for new owner if they want to occupy! Unit A is a 2 bed/ 1 bath sitting at the front of the property closest to Seminole Blvd (598 Sq Ft). Unit B is a 1 Bed/ 1 Bath unit sitting at the back of the property (400 Sq Ft). Duplex only has ONE meter! It is not separately metered. *Bedroom photos for unit A are missing within the photos attached. NEW ROOF - October 2019!! Flood Zone X!! Price is FIRM! This property sits right next to Joe’s on the Beach! Owner Financing Details: Interest Rate: 5%; Down Payment at Closing: At Least $60,000; Monthly Payments: At Least $2,600; 2 Year Short Term Financing. Property is tenant occupied. PLEASE DO NOT DISTURB TENANTS OR DRIVE INTO PROPERTY. 24 Hour Notice Required. Appointment Only!
Location
State FL
County Pinellas
Community Unincorporated
Zoning C-1
Interior
Interior Features Ninguno
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Sidewalk, Storage
Parking Features Open
Utilities Available Cable Connected, Electricity Connected, Public, Water Connected
Roof Type Shingle
Porch None
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, Near Public Transit
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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Bought with YANY REALTY LLC
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