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Madeira Beach Waterfront Apartments 515 129th Ave

4 Unit Apartment Building $1,625,000 ($406,250/Unit) 6.14% Cap Rate Madeira Beach, FL 33708

Executive Summary

This multi-family property features two dock slips and parking available in the front.

Property Facts

Price $1,625,000
Price Per Unit $406,250
Sale Type Investment
Cap Rate 6.14%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.94 AC
Building Size 2,590 SF
No. Stories 1
Year Built 1964
Parking Ratio 1.54/1,000 SF

Unit Amenities

  • Tile Floors
  • Kitchen
  • Hardwood Floors

Site Amenities

  • Waterfront

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-31-15-97866-002-0030
Land Assessment
$870,256
Improvements Assessment
$169,744
Total Assessment
$1,040,000

zoning

Zoning Code R-4 (One, Two & Three Family Residential)
R-4 (One, Two & Three Family Residential)
  • Listing ID: 31290946

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 515 129th Ave, Madeira Beach, FL 33708

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