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Off market
  • $916,000

    520 129th Ave E, Madeira Beach, FL 33708

    6beds
    4baths
    3,031sqft
    MultiFamily
    Built in 1954
    -- sqft lot
    $916,000 Zestimate®
    $302/sqft
    $3,282 Estimated rent

    Home value

    $916,000

    $779,000 - $1.05M

    $3,282/mo

    Zestimate® history
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    $3,282/mo

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    Rent Zestimate®

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    $6,252/mo

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    $6,252/mo

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    What's special

    Experience a year-round vacation lifestyle with this waterfront tri-plex, located at the end of a quiet cul-de-sac street. This income-generating property is 100% occupied, ensuring immediate revenue. Nestled just moments away by boat from the Intracoastal waterway and the captivating Gulf of Mexico, you'll have easy access to endless aquatic adventures from your very own deep water dock.Conveniently positioned within a short stroll of the renowned John's Pass, famous for its vibrant array of shops and delightful eateries, this tri-plex offers an enviable location. Each unit is thoughtfully designed to face the water, allowing you to relish breathtaking views. With central heating and air conditioning in every unit, comfort is guaranteed, and 2 stall carport with storage and 2 off-street parking spaces. With three electric meters in place, the owner covers the water expenses.For added convenience, the two downstairs units (1/1 and 2/1) share a laundry, while the upstairs 3 bedroom, 2 bath unit boasts its own private laundry. All units are currently on month-to-month leases.The dock, equipped with water and electric connections, can comfortably accommodate up to three boats, including two large vessels and one small craft. Presently, the dock generates $575 in rent for two slips. Notably, this location experiences high demand during the season, presenting an excellent opportunity for potential seasonal rentals, which command considerably higher rates. Currently, the units are leased annually, but the owner confirms the potential for increased rental income through seasonal arrangements (3 month minimum).Don't miss out on seizing all the advantages this remarkable property has to offer. Embrace a year-round vacation lifestyle, maximize your investment potential, and indulge in the captivating allure of waterfront living. 2023-10-05

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,031 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: 153115978660010100

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Footing
    • Roof: Built-up
    Condition
    • Year built: 1954

    Community & neighborhood

    Location
    • Region: Madeira Beach

    Other

    Other facts
    • Waterfront: Yes
    • CoolingSystem: Central

    Price history

    DateEventPrice
    11/8/2023Listing removed--
    Source: Stellar MLS #U8200266 Report a problem
    9/1/2023Listed for sale$1,500,000$495/sqft
    Source: Stellar MLS #U8200266 Report a problem
    7/19/2023Pending sale$1,500,000$495/sqft
    Source: Stellar MLS #U8200266 Report a problem
    5/15/2023Listed for sale$1,500,000-3.2%$495/sqft
    Source: Stellar MLS #U8200266 Report a problem
    4/30/2023Listing removed--
    Source: Owner Report a problem
    1/30/2023Listed for sale$1,550,000+400%$511/sqft
    Source: Owner Report a problem
    8/30/2000Sold$310,000$102/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,340 +8.3%$806,949 +10%
    2023$14,165 +17.2%$733,590 +10%
    2022$12,083 +14.7%$666,900 +10%
    2021$10,536 +6.1%$606,273 +10%
    2020$9,933 +10.2%$551,157 +10%
    2019$9,014 $501,052 -0.6%
    2018$9,014 +10.7%$504,194 +9.3%
    2017$8,144 +11.4%$461,431 +0.1%
    2016$7,308 +4.8%$461,155 +5.5%
    2015$6,971 +12.7%$437,080 +14.4%
    2014$6,187 +15.3%$382,141 +22.5%
    2013$5,363 +15.2%$312,077 +21.4%
    2012$4,658 $257,119 -11.4%
    2011-- $290,081 -13.6%
    2010-- $335,675 -17.5%
    2009-- $407,125 -17%
    2008$8,547 $490,400 -21.2%
    2007-- $622,100 +33.2%
    2005-- $467,000 +14.5%
    2004$7,918 +8.9%$407,800 +9.6%
    2003$7,268 +51.8%$372,100 +23.2%
    2002$4,788 $302,100 +24.9%
    2001$4,788 +24.8%$241,900 +24.1%
    2000$3,838 $194,900

    Find assessor info on the county website

    Neighborhood: 33708

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $916,000
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    Estimated market value
    $916,000