Description
Amazing 6-unit multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a double lot with endless possibilities for adding more units, parking, a pool, amenities, new construction, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. Split the lots and build the dream home using the cash flow from the multifamily property or create the crown jewel of any multifamily portfolio by adding on to this already stunning property. Incredible potential to add value and generate more income since two units are currently not being rented. Owner financing is also an option. Ability to take out the water toys on the intercoastal as well as mere steps away from the sugar sand Madeira Beach and John’s Pass Village. Call today and don’t miss out on this amazing investment!
Location
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$920,000
3
3
2,538 Sq ft
ACTIVE
MLS# O6099776
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Attribution contact: 727-339-7902
Listing Office: COMPASS FLORIDA LLC
