Search
Madeira Beach Waterfront Quadruplex
For Sale
$1,291,000
Pending

117 140th Avenue East, Madeira Beach, FL 33708

Turnkey, fully occupied concrete block quadruplex with Gulf access.

Property Size2,806 SF
Lot Size0.12 Acres
Days on Market220

Property Features for 117 140th Avenue East

General Information

Standard status Pending
Size 2,806 SF
Lot size 0.12 Acres
Property subtype Residential Income / Quadruplex

Taxes and HOA fees

Annual Taxes $12,800

Amenities

Central Air
Central, Electric
Terrazzo
No
Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Yes
6
Blinds, Double Pane Windows
Inside, Laundry Closet
Ceiling Fan(s)
Square Feet
Public Records
Built-Up
Two
Balcony, Permeable Paving, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Security Lights, Smoke Detector(s)
Slab
Canal - Saltwater, Intracoastal Waterway
114
Block, Concrete
Covered, Rear Porch

Building Details

Year Built 1971
Listing Agency: COASTAL PROPERTIES GROUP INTER
Listed By: Monika Krolivcova, PA · License #3328528
Source: Compass
Added: Jan 23 Changed: Aug 23 Last Checked: Aug 31 at 1:50AM

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 COASTAL PROPERTIES GROUP INTER

Investment Insights

Based on property information with market context.

This fully occupied, solid concrete block quadruplex is located in the heart of Madeira Beach. The 3,208 square foot property sits on a 0.12 acre lot with beach access across the street and intercoastal waterfront. Boat access to the Gulf of America is available. The property features a newer seawall, a brand new private composite dock, and sturdy steps for kayaking and fishing. It is fenced-in with gates on each side and includes a backyard with ample space, brand new gutters, and exquisite pavers. Each unit has its own electric meter, designated parking, private mailbox, and bike and canoe racks. The exterior and first-floor apartments have been freshly painted and remodeled with new kitchens and bathrooms. New electrical wiring and plumbing have been installed throughout the downstairs units, including new water heaters and CPVC pipes. New duct work is present in unit A, and all four HVAC systems have been inspected, along with the roof. The upstairs apartments were updated in 2021 and have identical layouts and sizes. The downstairs apartments feature terrazzo floors, spacious living/dining rooms, large double pane sliding doors, and new windows with water views, privacy blinds, and open covered patios. Modern kitchens include granite countertops, wood cabinets, and stainless steel appliances, including a side-by-side refrigerator with ice maker and water dispenser, stove, over-the-range microwave, and a washer/dryer in each unit. The property is centrally located with public beach access across the street, along with shops and restaurants. It is one mile to John's Pass Village & Boardwalk, marina, and park, and about two miles over the drawbridge to shopping plazas. St. Petersburg College Bay Pines STEM Center, Madeira Beach Fundamental Elementary School, and the VA Bay Pines and VA Medical Center are nearby, with access to trails through War Veterans Memorial Park. The Pinellas Trail is four miles away. Public transportation is easily accessible.

Key Highlights

  • Intercoastal waterfront property with boat access to the Gulf of Mexico and a new private composite dock suitable for kayaking and fishing.
  • Fully occupied solid concrete block quadruplex** in the heart of Madeira Beach, offering immediate income generation.
  • Turnkey property with extensive recent renovations, including remodeled kitchens and bathrooms, new electrical and plumbing in downstairs units, new gutters, pavers, and fencing.

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.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Turnkey, fully occupied concrete block quadruplex with Gulf access.
Where is this quadplex located?
The property is located at 117 140th Avenue East 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: Intercoastal waterfront property with boat access to the Gulf of Mexico and a **new private composite dock suitable for kayaking and fishing**.; Fully occupied solid concrete block quadruplex** in the heart of Madeira Beach, offering immediate income generation.; Turnkey property with extensive recent renovations, including remodeled kitchens and bathrooms, new electrical and plumbing in downstairs units, new gutters, pavers, and fencing.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message