This duplex property, located less than a quarter-mile walk from the beach, offers an exceptional opportunity for redevelopment. Damaged by recent hurricanes, the structure is being sold as-is, with no remediation performed. The seller makes no representation about the building's condition or salvageability. The buyer will assume responsibility for either demolishing and removing the structure or undertaking repairs after closing. Features include: Land value sale in a prime coastal location. The potential to rebuild as an income-generating property or design a single-family home. And an adjacent property available for purchase, offering the chance to combine lots for a larger home or expanded rental opportunity. Whether you're looking to develop a new home or maximize rental income potential, this property provides a blank canvas in an unbeatable location close to the beach. Seize this opportunity to create your vision of coastal living or investment.
Sold for $275,000
$275,000
503 140TH AVENUE E, MADEIRA BEACH, FL 33708
2beds
828sqft
Single Family Residence
Built in 1945
5,332 Square Feet Lot
$299,500 Zestimate®
$332/sqft
$2,352 Estimated rent
Home value
$299,500
$255,000 - $347,000
$2,352/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Amanda Baldwin 808-352-8669,
COMPASS FLORIDA LLC 727-339-7902
Bought with:
Steven Kansagor PA
BLAKE REAL ESTATE INC
Source: Stellar MLS,MLS#: TB8327343
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Storage Closet
- Level: First
- Area: 88 Square Feet
- Dimensions: 11x8
Dining room
- Level: First
- Area: 44 Square Feet
- Dimensions: 11x4
Kitchen
- Level: First
- Area: 44 Square Feet
- Dimensions: 11x4
Living room
- Level: First
- Area: 44 Square Feet
- Dimensions: 11x4
Heating
- Wall Units / Window Unit
Cooling
- Ductless
Appliances
- Included: None
- Laundry: In Garage
Features
- None
- Flooring: Luxury Vinyl, Other
- Has fireplace: No
Interior area
- Total structure area: 1,462
- Total interior livable area: 828 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
- Details: Garage Dimensions: 19x11
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Size: 5,332 Square Feet
- Dimensions: 47 x 100
Details
- Parcel number: 103115343980200040
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: GULF SHORES 5TH ADD
HOA
- Has HOA: No
Location
- Region: Madeira Beach
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $231,510
- Annual tax amount: $5,089
- Date on market: 12/5/2024
- Cumulative days on market: 6 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $275,000-8.3%$332/sqft |
Source:  Stellar MLS #TB8327343 Report a problem | ||
| 12/11/2024 | Pending sale | $300,000$362/sqft |
Source: Stellar MLS #TB8327343 Report a problem | ||
| 12/5/2024 | Listed for sale | $300,000+11.1%$362/sqft |
Source: Stellar MLS #TB8327343 Report a problem | ||
| 3/15/2019 | Sold | $270,000-50.8%$326/sqft |
Source: Public Record Report a problem | ||
| 10/11/2018 | Listed for sale | $549,000$663/sqft |
Source: RE/MAX METRO #U8020711 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,754 -32.6% | $231,510 -27.3% |
| 2024 | $5,567 +9.4% | $318,242 +10% |
| 2023 | $5,090 +8.9% | $289,311 +10% |
| 2022 | $4,675 +14.2% | $263,010 +10% |
| 2021 | $4,093 +1.5% | $239,100 +3.1% |
| 2020 | $4,032 +44.1% | $231,966 +62.8% |
| 2019 | $2,797 | $142,527 -17.4% |
| 2018 | $2,797 +11.4% | $172,447 +19.8% |
| 2017 | $2,512 +23.5% | $143,981 +15.2% |
| 2016 | $2,034 +10.9% | $125,035 +18.8% |
| 2015 | $1,835 +13.6% | $105,241 +16.7% |
| 2014 | $1,614 +10.7% | $90,155 +12.1% |
| 2013 | $1,459 +0.5% | $80,453 +0.4% |
| 2012 | $1,451 | $80,116 -14.5% |
| 2011 | -- | $93,668 +7.1% |
| 2010 | -- | $87,481 -17.6% |
| 2009 | -- | $106,163 -26.9% |
| 2008 | $2,531 | $145,200 -23.9% |
| 2007 | -- | $190,800 +38.2% |
| 2005 | -- | $138,100 +51.9% |
| 2004 | $1,765 +6.3% | $90,900 +6.9% |
| 2003 | $1,660 +36.4% | $85,000 +6.6% |
| 2002 | $1,217 | $79,700 +29.6% |
| 2001 | $1,217 +20% | $61,500 +19.4% |
| 2000 | $1,014 | $51,500 |
Find assessor info on the county website
Neighborhood: 33708
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Nearby schools
GreatSchools rating
- 10/10Orange Grove Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 7/10Seminole Middle SchoolGrades: 6-8Distance: 4.3 mi
- 4/10Seminole High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$299,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$299,500
- Florida
- Pinellas County
- Madeira Beach
- 33708
- 503 140TH AVENUE E
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