$1,048,000 for Sale
509 129th avenue , madeira beach, FL 33708
| Beds 0 | Baths 0 | 2,082 Sqft | 0.14 Acres |
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1 of 51 |
Property Description
Welcome to this Madeira Beach triplex, ideally situated just steps from John's Pass Village and Boardwalk. Located on a deep-water canal with stunning views and direct access to Boca Ciega Bay and the Gulf of Mexico, this property features a 14' x 20' composite dock and a 13,000 lb boat lift with electric. The triplex consists of three units: a one-bedroom, one-bathroom unit of approximately 450 square feet, another one-bedroom, one-bathroom unit of about 559 square feet, and a spacious two-bedroom, two-bathroom unit measuring roughly 1,114 square feet. The roof was replaced in 2015, and while the 1/1 units boast polished terrazzo flooring, the 2/2 unit features durable concrete flooring. Additional upgrades include some impact windows, new plumbing and waste lines in the 2/2 unit, and brand-new mini-split A/C and heating units in all units. Although the property did sustain flooding during recent hurricanes, it offers a blank slate for investors to reimagine the interior design. The dock could be rented for an additional $500 per month. The seller has a no substantial damage letter from the City of Madeira Beach so the home can get an interior repair permit and does not need to be demolished per FEMA's 50% rule. Zoned R2 with a three-month minimum lease requirement, this triplex is within a couple of blocks of John's Pass Village and Boardwalk, where you can enjoy an array of restaurants, breweries, nightlife, and more.
Waterfront
Water Name: BOCA CIEGA BAY
Water Description: Bay/Harbor, Gulf/Ocean to Bay
General Information
Sale Price: $1,048,000
Price/SqFt: $503
Status: Active
MLS#: TB8340387
City: madeira beach
Post Office: madeira beach
Schools: seminole high-pn
County: Pinellas
Subdivision: williams bill madeira harbor sub 3rd add
Acres: 0.14
Bedrooms:0
Bathrooms:0
House Size: 2,082 sq.ft.
Acreage: 0.14 est.
Year Built: 1963
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Block
Exterior Misc: Awning(s), Sidewalk
Basement: No
Foundation : Slab
Appliances: Microwave
Cooling: Mini-Split Unit(s)
Heating: Other
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $11,586
Legal Description: WILLIAM'S, BILL MADEIRA HARBOR SUB 3RD ADD BLK 2, LOT 6
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Sylvia Haddad of REDFIN CORPORATION, Phone: 617-458-2883
