Description
Fantastic opportunity to purchase a concrete-block duplex just one block from the beach in Madeira Beach! This property is primed for a smooth renovation and strong rental performance, offering exceptional upside for both investors and owner-occupants. A private appraisal has already been completed, FEMA has confirmed the home was not substantially damaged, and transferable flood insurance provides added peace of mind. Even better—a full renovation crew is on standby, and they have already completed the permit application, ready for the buyer to submit and begin work immediately. The duplex features a spacious 2-bedroom, 1-bath unit with potential rents over $2,400 and a charming 1-bedroom, 1-bath unit with rental potential over $2,000. Plenty of parking makes it ideal for long-term or short-term rental use (3 months min). Just minutes from the beach, shopping, and restaurants, this location is a powerhouse for steady demand. Don’t miss this rare chance to secure a turnkey-ready renovation project in one of the most desirable coastal markets in Pinellas County. Click on the tour link to view the virtual tour. Drone tour in the second virtual tour link.
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3BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
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1,399SQFT
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$272$/SQFT
School Information
Description
Fantastic opportunity to purchase a concrete-block duplex just one block from the beach in Madeira Beach! This property is primed for a smooth renovation and strong rental performance, offering exceptional upside for both investors and owner-occupants. A private appraisal has already been completed, FEMA has confirmed the home was not substantially damaged, and transferable flood insurance provides added peace of mind. Even better—a full renovation crew is on standby, and they have already completed the permit application, ready for the buyer to submit and begin work immediately. The duplex features a spacious 2-bedroom, 1-bath unit with potential rents over $2,400 and a charming 1-bedroom, 1-bath unit with rental potential over $2,000. Plenty of parking makes it ideal for long-term or short-term rental use (3 months min). Just minutes from the beach, shopping, and restaurants, this location is a powerhouse for steady demand. Don’t miss this rare chance to secure a turnkey-ready renovation project in one of the most desirable coastal markets in Pinellas County. Click on the tour link to view the virtual tour. Drone tour in the second virtual tour link.
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