Price Reduction
Address
14022 E Parsley DRIVE, MADEIRA BEACH, FL
Price
$ 829,000
Property Attributes
- MLS#U8241958
- TypeIncome
- CountyPINELLAS
- CityMADEIRA BEACH
- AreaSt Pete-Madeira Bch-N Redington Bch-Shores
- NeighborhoodGulf Shores 6Th Add Rep
- Zip33708
- StyleTriplex
- Year Built1948
- Taxes$ 8980
- Price$ 829,000
- Bedrooms93
- Full Bathrooms93
- Half Bathrooms0
- Sqr Footage1516
- Lot Size0.17 Acres
Data Source:
Stellar MLS
Property Description
*** All units are now leased*** Start making passive income from day one after closing. Here is a great opportunity to secure your next turnkey investment property minutes from the sugar sands of Madeira Beach! located just 5 minutes walking distance from Beach and near all shops, dinning, and venues Madeira beach has to offer. This Triplex underwent extensive renovations from 2021-2024 including a brand-new roof, plumbing including new clean outs for each unit, electrical panels, hurricane impact windows throughout, interior and exterior paint, landscape clean up to name a few of the major improvements. Inside each unit had all carpet/dated floors removed then leveled before designer porcelain/ ceramic wood plank tile was installed throughout, interior paint, baseboards, stainless steel appliances. The modern new kitchen features solid wood soft close cabinets, quartz countertops, and all new appliances including high efficiency washer and dryers in all units with range and Hood vents. Fully remodeled bathroom features polished porcelain tile, quartz vanity, with full size shower. each ensuite bedroom is large enough to fit a king size bed and features a spacious walk-in closet. All units are the same size, see attached floor plan. Step out back and enjoy your private back patio or take a quick stroll to the beach/shops/ and all the new restaurants/beach dining options within walking distance. All three units are currently occupied by tenants on annual leases allowing the new owner to increase to market rates, lease as furnished unit and use the mid-term rental model to generate more income. This is a great asset to acquire and perform a cost-segregation and deprecation out to maximize tax benefits. Since all major improvements have been completed the new owner can focus on marketing/branding the property, while enjoying it for personal use if desired. Shown by appointment only. Do not solicit or disturb tenants.
| Price History | |
|---|---|
| 5/8/2024 | Listed $835,000 |
| 6/3/2024 | 1% - $834,500 |
| 6/14/2024 | 1% - $829,000 |
General Features
| Interior Features | Ceiling Fan(s),Living Room/Dining Room Combo,Solid Wood Cabinets,Stone Counters,Thermostat |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Cable Available,Public |
| Possession | Close of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Disposal,Dryer,Exhaust Fan,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Tankless Water Heater,Washer |
| Exterior Features | Lighting |
| Patio/Porch Features | Front Porch,Patio |
| Security Features | Smoke Detector(s) |
| Construction Materials | Block |
| Year Built | 1948 |
| Tenant Pays | Electricity |
| Levels | One |
| Property SubType | Triplex |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Gross Income | 61800 |
| County | Pinellas |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | GULF SHORES 6TH ADD REP |
| Garage Y/N | No |
| Status | Active |
| Directions | From Gulf Blvd turn East onto 140th Ave and continue .5 miles to Parsley Dr then turn left and the triplex will be on the left. |
| ModificationTimestamp | 2024-06-14T20:21:21.567Z |
| City | MADEIRA BEACH |
| Buyer Agent Compensation | 2%-$350 |
| Disclosures | Lead Paint,Seller Property Disclosure |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 3 |
| MLS Area | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7540 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 8980 |
| Property Condition | Completed |
| Ok to Lease | 12 Months |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Days on Market | 37 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 10 |
| Total Actual Rent | 5150 |
| Legal Description | GULF SHORES 6TH ADD REPLAT BLK W 2,LOT 10 |
| Minimum Lease | No Minimum |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | AE |
Interior Features
| Flooring | Ceramic Tile,Porcelain Tile |
|---|---|
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Double Pane Windows,Insulated Windows |
| Fireplace Y/N | No |
| Laundry Features | Inside |
| Total Bedrooms | 93 |
| LivingAreaSource | Public Records |
| Total Baths | 93 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 7540 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 1666 |
| Lot Size Acres | 0.17 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33708
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated Last updated on June 25, 2024 10:06 PM UTC The listing information on this page last changed on Last updated on June 25, 2024 10:06 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 25, 2024 10:06 PM UTC
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. 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. Information is deemed reliable but not guaranteed.
