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

113 145 Avenue E, Madeira Beach, FL 33708

Commercial Sale, MADEIRA BEACH, FL

Property Size2,145 SF
Lot Size0.10 Acres
Price / SF$839.16
Days on Market2

Property Features for 113 145 Avenue E

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Appliances Dishwasher, Microwave, Refrigerator
Lot features Flood Zone, Sidewalk, Street Lights, Paved
View Ocean
Directions From Tampa, FL - Route: Take I-275 South toward St. Petersburg, then take Exit 28 for FL-694 W / Gandy Blvd (or continue down to follow FL-694 westward via Park Blvd across the Pinellas peninsula). - Final Approach: Head west on Park Blvd (FL-694 W) toward the coast, turn north or south onto Gulf Blvd as appropriate, and turn onto 145th Ave in Madeira Beach. - Travel Time / Distance: Approximately 40 minutes for about 27.4 miles under normal traffic conditions. From St. Petersburg, FL - Route: Head west using 1st Ave N or Central Ave out toward the beaches. - Final Approach: Connect to Gulf Blvd and travel north/northwest along the coast to 145th Ave in Madeira Beach. - Travel Time / Distance: Approximately 27 minutes for about 11.2 miles under normal traffic conditions.
Subdivision 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Special listing conditions Real Estate Owned, In Foreclosure
Standard status Active
APN 09-31-15-54306-000-0230
Size 2,145 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Madeira Shores Sub Lot 23 Tr 54306
Tax Annual Amount 9332
Legal Description Madeira Shores Sub Lot 23 Tr 54306

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1948
Floors in Building 1
Number of units 6
Flooring type Vinyl
Building materials Block
Roof type Shingle
Listing Agency: PREFERRED SHORE LLC
Listed By: Daniel Petrilla
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 8 at 3:06PM
MLS# A4708837

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 1948 multifamily property contains six rental units: four studios and two one-bedroom residences. Select units are furnished. Building construction is block, with vinyl flooring, central heating and air conditioning, and a shingle roof. Public water and sewer serve the property, and electricity is available. The site encompasses 0.1 acres.

The property is two blocks from the beach in Madeira Beach. Restaurants, shopping, entertainment, and John's Pass Village & Boardwalk are also within reach. The residences are fully leased, and the listing reports a 6 CAP rate.

Key Highlights

  • Six rental units: four studios and two one‑bedroom residences
  • All units are currently leased
  • 0.1‑acre site in Madeira Beach

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 six residences are currently leased.
Where is this apartment building located?
The property is located at 113 145 Avenue 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 rental units: four studios and two one‑bedroom residences; All units are currently leased; 0.1‑acre site in Madeira Beach
More about this property
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