449 129th Ave E | Madeira Beach, FL 33708
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
449 129th Ave E
Madeira Beach, FL 33708
Vista del Mar · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- All HVAC units are under eight years old including 12 new elevated condensing units and three new air handlers
- $66,000 in revenue from four units which can remain occupied while completing renovations on 12 down units
- Comps in the immediate area are renting for $500-800 more than subject highlighting rental upside for the next owner
- Recent remediation efforts included the removal of wall and ceiling drywall in select units, with debris fully cleared in all down units
- Over 60% of the windows have been upgraded to hurricane impact glass with multiple units having hurricane French doors and sliders
- In 2024, Pinellas County welcomed approximately 15.4 million visitors, generating $6.8 billion in direct visitor spending (VisitSt.PeteClearwater.com)
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 12,240 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1968 |
| Zoning | R2 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 12,240 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Zoning | R2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 660 |
| 2+2 | 4 | - | 1,080 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $520,194 | |
| Land Assessment | $1,699,806 | Total Assessment | $2,220,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,699,806
Improvements Assessment
$520,194
Total Assessment
$2,220,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
