Charming Duplex Near Gulf
30 LYNN Way Madeira Beach, FL 33708
30 LYNN Way, Madeira Beach, FL, 33708
$310,000
Pending
For Sale
$310,000
Pending
MULTI_FAMILY - MADEIRA BEACH, FL
Property Size1,008 SF
Lot Size0.12 Acres
Days on Market71
Property Features for 30 LYNN Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Interior features
- Eat-in Kitchen, Open Floorplan
- Exterior features
- Lighting
- Appliances
- Electric Water Heater, Range, Refrigerator
- Standard status
- Pending
- APN
- 10-31-15-34470-024-0070
- Size
- 1,008 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GULF SHORES 6TH ADD REPLAT BLK X, LOT 7
- Tax Annual Amount
- 4541
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Ductless (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing agency
KELLER WILLIAMS ST PETE REALTY
(727) 894-1600
Listed by
Jac Smith · License #3346201
(727) 228-1777
Added: May 12 Updated: Jul 20 at 8:52PM Checked: Jul 21 at 10:06AM
MLS# TB8507793
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.
This charming duplex features a completely finished one-bedroom, one-bathroom apartment on one side and a partially finished one-bedroom, one-bathroom unit on the other. Each unit offers 504 square feet of living space. The first unit features durable laminate flooring throughout. The living area flows into a functional kitchen with ample cabinetry and countertop space. The spacious bedroom includes a generous closet, and the full bathroom is equipped with a combination tub/shower and updated finishes. Outside, a large backyard is suitable for relaxing, gardening, or weekend BBQs. A parking pad provides off-street convenience. Located in Madeira Beach, Florida, the property is less than 5 minutes from award-winning beaches and close to Gulf Boulevard and I-275, providing easy access to St. Petersburg, Clearwater, and Tampa Bay. The property is near coastal restaurants, boutique shops, waterfront parks, and local events, residing in a quiet residential neighborhood. The property sits on a lot of 0.12 acres. The property is under contract-accepting backup offers.
Key Highlights
- Less than 5 minutes from award‑winning Florida beaches.
- Duplex with a completely finished 1 bed/1 bath unit.
- Convenient access to Gulf Boulevard and I‑275 for easy travel.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.0k | $17.88 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $16.8k | $16.67 |
| − OpEx | −$5.0k | −$5.00 |
| NOI | $11.8k | $11.67 |
1,008 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$168.1K
$147.1K – $196.1K
NOI $11,766 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$132.4K
$115.9K – $154.5K
NOI $9,271 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$262.2K
$229.4K – $305.9K
NOI $18,353 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex featuring two units near beaches and local amenities.
Where is this duplex located?
The property is located at 30 LYNN Way Madeira Beach, FL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Less than 5 minutes from award‑winning Florida beaches.; Duplex with a completely finished 1 bed/1 bath unit.; Convenient access to Gulf Boulevard and I‑275 for easy travel.
