Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
1,340
Beachside living meets income-producing opportunity at 78 146th Avenue E in Madeira Beach! Just steps from the sand, this updated duplex features two one-bedroom, one-bath residences, both currently leased through July 2027. Monthly rents of $1,949 and $1,940 provide a combined $3,889 in gross monthly rental income, or $46,668 on an annualized basis at current rents. Extensive renovations include 18 replacement windows, four exterior doors, eight interior doors, updated water-supply plumbing, electrical wiring and receptacles, and two water heaters. Interior improvements include wall framing, insulation, drywall, freshly finished and painted walls and ceilings, and updated baseboards and trim. Kitchens and bathrooms feature updated cabinetry, vanities, countertops, sinks, and toilets, along with bathtub work and washer/dryer hookups for both residences. With tenants already in place, this property offers established rental income paired with the enduring appeal of a coastal location. Morning beach walks, afternoons by the Gulf, and sunset strolls are all just steps away. Whether expanding your investment portfolio or planning for future personal use after the existing leases expire, this Madeira Beach duplex brings together updated interiors, practical improvements, and the beach lifestyle. The location also places you near The Beachmaker, an upcoming Marriott Autograph Collection resort and residences, and a short drive from the waterfront dining, shopping, and entertainment of John’s Pass Village & Boardwalk. With a separate $115 million Marriott hotel development approved for John’s Pass, these hospitality projects represent significant additional investment in Madeira Beach, adding to the appeal of owning an income-producing property in this established Gulf Coast destination.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Lot Size(square feet)
3,001
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$575,000
-
Tax Amount
$3,644.63
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,340
-
Price/SqFt
$429
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
46
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Gregory Schreiber, KELLER WILLIAMS REALTY- PALM HARBOR
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