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14975 1st st E 14975 1st St E 3 Unit Apartment Building $1,050,000 ($350,000/Unit) Madeira Beach, FL 33708
Investment Highlights
- Waterfront Triplex on the open canal at Maderia Beach with Boat slip
- Block Building with walking distance to the best beaches in America
- Minutes from John Pass and all the entertainment to be in the Gulf Of Mexico with your Boat
Executive Summary
The waterfront on the wide open canal, located in Madeira Beach, connected with the intercostal and the splendid Gulf Of Mexico, own a Triplex fully rented, block concrete updated and remodeled, new floor, fresh paint, new rewiring with new electrical panels, has located in the most beautiful desirable area, minutes to John pass by your boat or driving, own a property in that location makes feel all the year, you are on vacation, John Pass is one of the centers of the heart of the vacation in Pinellas county, close. To all kinds of Restaurants, Caffe, shopping centers, boats, and jet skis rentals, close to Tyron Mall, Walmart, and Target, and within walking distance to the most beautiful beaches in America, this property could be the best investment for your future and retirement, live in one and rent the other two, bring your Boat, if you don't have one rent the boat slip with the lifter for an extra income, the triplex consists with 2 beds/2 baths $3200, 1 bed / one bath $2200 and the efficiency $1380. With four carports, easy 8-car parking, and a lovely balcony and porch, enjoy sitting and watching the Dolphins playing around with the Ducks.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,050,000 | Building Class | C |
| Price Per Unit | $350,000 | Lot Size | 11.00 AC |
| Sale Type | Investment | Building Size | 2,752 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1953/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.82/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MF/R - Multi Family less than 10 units according to the public record | ||
| Price | $1,050,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 11.00 AC |
| Building Size | 2,752 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2023 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | MF/R - Multi Family less than 10 units according to the public record |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Carpet
Site Amenities
- Waterfront
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $3,200 | - |
| 1+1 | 1 | $2,200 | - |
| Studios | 1 | $1,380 | - |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-31-15-60858-000-0610 | Total Assessment | $625,000 (2025) |
| Land Assessment | $487,216 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $137,784 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
09-31-15-60858-000-0610
Land Assessment
$487,216 (2025)
Improvements Assessment
$137,784 (2025)
Total Assessment
$625,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Street
Map
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Contact the Sale Advisor
14975 1st st E | 14975 1st St E