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6-Unit Apartment Building
New
For Sale
$1,800,000

113 145 AVE E, Madeira Beach, FL 33708

All residences are leased, with a mix of studio and one-bedroom layouts near the Gulf beaches.

Property Size2,145 SF
Days on Market5

Property Features for 113 145 AVE E

General Information

Standard status Active
Size 2,145 SF
Property subtype Multi-Family 5+
Occupancy 100%

Units

Unit Mix 2 x 1BR, 4 x studio
Multifamily Units 6

Additional Details

Cap Rate 6%

Taxes and HOA fees

Annual Taxes $9,332

Building Details

Building Size 2,145 SF
Year Built 1948
Listing Agency: PREFERRED SHORE LLC
Listed By: Daniel Petrilla · License #3524992
Source: Judibeck
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 11 at 11:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREFERRED SHORE LLC

Investment Insights

Based on property information with market context.

Built in 1948, this 4,635-square-foot apartment property contains six residences: four studios and two one-bedroom units. The one-bedroom layouts measure approximately 700–800 square feet, while studios range from approximately 550–650 square feet. Select units are furnished, and all six units are currently leased.

The property is two blocks from the beach in Madeira Beach. Residents can also reach restaurants, shopping, entertainment, and John's Pass Village & Boardwalk nearby.

Key Highlights

  • Six apartments: four studios and two one‑bedroom units
  • All units are currently leased
  • 4,635 square feet; built in 1948

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Bakery (Bike/Boat/Book/etc) Store Storage Facility 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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

646
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - All residences are leased, with a mix of studio and one-bedroom layouts near the Gulf beaches.
Where is this apartment building located?
The property is located at 113 145 AVE E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Six apartments: four studios and two one‑bedroom units; All units are currently leased; 4,635 square feet; built in 1948
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