Renovated Two-Residence
14000 MIRAMAR Avenue, Madeira Beach, FL 33708
For Sale
New
$799,900
Residential Income, MADEIRA BEACH, FL
Property Size2,196 SF
Lot Size0.15 Acres
Price / SF$364.25
Days on Market1
Property Features for 14000 MIRAMAR Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Fencing
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Robert Bello, JR
(609) 743-0650
Added: Nov 14
Last Checked: Nov 14 at 11:06PM
MLS# W7891189
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.
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Investment Insights
Based on property information with market context.
This 2,196-square-foot duplex contains two independent residences with a combined six bedrooms and three bathrooms. The lower unit offers four bedrooms and two bathrooms; its renovation includes wood-look tile, wood cabinetry, quartz counters, stainless steel appliances, and remodeled bathrooms. Impact-resistant windows and doors and moisture-resistant wall and insulation materials are among its improvements. Central air serves the residence, with a separate mini-split for the primary bedroom and ensuite bath. The upper unit has two bedrooms and one bathroom, plus its own rear entrance. Its renovation, completed approximately three years ago, includes tile flooring, quartz kitchen counters, stainless steel appliances, impact-resistant windows and doors, central HVAC, and an updated bathroom with a double-sink vanity.
The property is in Madeira Beach, three blocks from the Gulf beaches. The 0.15-acre parcel includes a fenced backyard with a 6-foot privacy fence. Built in 1956, the property has public water and public sewer.
The property is in Madeira Beach, three blocks from the Gulf beaches. The 0.15-acre parcel includes a fenced backyard with a 6-foot privacy fence. Built in 1956, the property has public water and public sewer.
Key Highlights
- Two residences with 6 bedrooms and 3 bathrooms across 2,196 square feet
- Lower residence: 4 bedrooms, 2 bathrooms, and a dedicated mini‑split for the primary bedroom and ensuite
- Upper residence: 2 bedrooms, 1 bathroom, and a separate rear entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,633
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,660
$512.7K
Cap Rate 7%
$366,186
$366.2K
Cap Rate 9%
$284,811
$284.8K
Market Conditions
NOI Build-Up for 2,196 SF
Gross rent
$39.3K $17.88/SF
− Vacancy
−$2.6K −$1.21/SF
EGI
$36.6K $16.67/SF
− OpEx
−$11.0K −$5.00/SF
NOI
$25.6K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,660
Cap Rate 7%
$366,186
Cap Rate 9%
$284,811
Alternative Uses
Best Use
Multifamily LT 5
$366.2K
$320.4K – $427.2K
NOI $25,633 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$340.5K
$297.9K – $397.2K
NOI $23,832 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$571.2K
$499.8K – $666.4K
NOI $39,984 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
670
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Business Placement
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
$463,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pinellas County, FL
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The lower home has four bedrooms, while the upper residence provides two bedrooms and a separate rear entrance.
Where is this duplex located?
The property is located at 14000 MIRAMAR Avenue Madeira Beach, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two residences with 6 bedrooms and 3 bathrooms across 2,196 square feet; Lower residence: 4 bedrooms, 2 bathrooms, and a dedicated mini‑split for the primary bedroom and ensuite; Upper residence: 2 bedrooms, 1 bathroom, and a separate rear entrance
