Sold Date9/09/2022
Closed

Madeira Beach, Florida FL33708

Listing ID934553

1,883 SqFt 0.140 Acres

$3,100,000

THIS DIRECT GULF FRONT PROPERTY HAS UNLIMITED POTENTIAL. LOCATED ON THE BEAUTIFUL WHITE SANDS OF MADEIRA BEACH ON A LARGE 62'X100 LOT! IT IS CURRENTLY ZONED R-3 UP TO 6 UNITS WITH 62FT OF DIRECT BEACHFRONT. ONE COULD CHOSE TO UPDATE OR REDEVELOP THE PROPERTY. CURRENTLY CONFIGURED AS A DUPLEX WITH EACH UNIT HAVING 2 BEDROOMS, 1 BATH, KITCHEN, AND LIVING ROOM. IT ALSO HAS A DETACHED GARAGE BEING USED FOR STORAGE AND THE LAUNDRY ROOM. CURRENTLY ZONED FOR SHORT TERM RENTALS GIVING THIS PROPERTY TREMENDOUS INCOME POTENTIAL. PROPERTY NEEDS UPDATING AND IS READY FOR THE NEW OWNER TO TAKE IT TO THE NEXT LEVEL.INVESTMENT OPPORTUNITY
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