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Concrete Block Quadplex with Private Docks
For Sale
Under Contract
$1,291,000

117 140TH Avenue E, Madeira Beach, FL 33708

MULTI_FAMILY - MADEIRA BEACH, FL

Property Size2,806 SF
Lot Size0.12 Acres
Price / SF$460.09
Days on Market192

Property Features for 117 140TH Avenue E

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Parking features Driveway, Assigned
Security features Security Lighting
Window features Blinds, Double Pane Windows
Patio and Porch features Porch
Interior features Ceiling Fans(s)
Exterior features Balcony, Permeable Paving, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Appliances Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Subdivision GULF SHORES 3RD ADD REP
View Water, Ocean
Elementary school Orange Grove Elementary-PN
Middle school Seminole Middle-PN
High school Seminole High-PN
Directions Driving N on Gulf Blvd, right on 140th Ave E, Property will be on your right.
Standard status Active Under Contract
APN 10-31-15-34362-014-0030
Size 2,806 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GULF SHORES 3RD ADD REPLAT BLK N, LOT 3
Tax Annual Amount 12800
Legal Description GULF SHORES 3RD ADD REPLAT BLK N, LOT 3

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public
Water front 1

Building Details

Year built 1971
Floors in Building 2
Number of units 4
Flooring type Terrazzo
Building materials Block, Concrete
Roof type Built-Up
Listing Agency: COASTAL PROPERTIES GROUP INTER
Listed By: Monika Krolivcova, PA · License #3328528
Added: Jan 21 Changed: Jul 28 Last Checked: Aug 1 at 7:06AM
MLS# A4679373

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A solid concrete block quadplex offering four residential units with individually metered electric service. Each unit features designated parking, a private mailbox, and dedicated bike and canoe storage. The exterior and first-floor units (2/1 and 1/1) have been freshly painted, with remediated areas and total kitchen and bathroom remodeling. Downstairs improvements include new electrical wiring and new plumbing throughout, including new water heaters and CPVC piping, with additional outside copper piping and valves. HVAC work includes inspected ductwork in Unit A and inspections of all four HVAC systems, along with roof-related updates. Interior finishes include terrazzo flooring on the downstairs units, and covered patio space with direct water views. Each unit includes a washer and dryer inside.

The property is centrally located in Madeira Beach with public beach access across the street and a waterfront setting described with boat access to the Gulf of America and intercoastal access. The grounds include fencing with gates on each side, and a backyard with space. Outdoor improvements referenced include a newer seawall, a brand-new private composite dock, and sturdy steps for kayaking and fishing.

The upstairs units have identical layouts and sizes and were updated in 2021. Additional exterior items referenced include brand-new gutters and newly installed pavers, with the described electrical, plumbing, and related work completed under permits that are closed per City of Madeira Beach records.

Key Highlights

  • Quadplex totaling 3,208 SF on 0.12‑acre in Madeira Beach with public beach access across the street.
  • Intercoastal waterfront with boat access to Gulf of America, plus newer seawall and brand new private composite dock.
  • Block construction (built 1971) with terrazzo flooring and central A/C; central and electric (heating) listed.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby

Demographics for 33708, FL

16,034
Population
13,211
Households
1.2
Avg Household Size
60
Median Age
44%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
4,716
Density / Sq Mi
$83,773
Median Household Income
$49,403
Median Earnings
$1,961
Median Rent
$463,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Turnkey quadplex with individual metering, parking, and recently updated interiors plus private dock access.
Where is this quadplex located?
The property is located at 117 140TH Avenue E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $1,291,000.
What are key features of this property?
This property features: Quadplex totaling 3,208 SF on 0.12‑acre in Madeira Beach with public beach access across the street.; Intercoastal waterfront with boat access to Gulf of America, plus newer seawall and brand new private composite dock.; Block construction (built 1971) with terrazzo flooring and central A/C; central and electric (heating) listed.
More about this property
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