503 140TH AVE E Pending Save Request In-Person Tour Request Virtual Tour
Madeira Beach,FL 33708
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 828 sqft
Price per Sqft $362
Subdivision Gulf Shores 5Th Add
MLS Listing ID TB8327343
Bedrooms 2
Full Baths 2
Year Built 1945
Annual Tax Amount $5,089
Lot Size 5,227 Sqft
Property Description
Under contract-accepting backup offers. 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.
Location
State FL
County Pinellas
Community Gulf Shores 5Th Add
Interior
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s)
Flooring Luxury Vinyl,Other
Laundry In Garage
Exterior
Exterior Feature Storage
Garage Spaces 2.0
Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None