113 145 Avenue E, MADEIRA BEACH, FL 33708

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AUD $2,591,438
USD $1,800,000
Published on: 08 Oct 2026
Last updated on: 08 Oct 2026
113 145 Avenue E, MADEIRA BEACH, FL 33708
113 145 Avenue E, MADEIRA BEACH, FL 33708
113 145 Avenue E, MADEIRA BEACH, FL 33708
+71
113 145 Avenue E, MADEIRA BEACH, FL 33708
  • 71
Property ID: 110120146899
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Commercial Sale, MADEIRA BEACH, FL

113 145 Avenue E, MADEIRA BEACH, FL 33708
MADEIRA BEACH SIX-UNIT INCOME-PRODUCING PROPERTY - JUST TWO BLOCKS FROM THE BEACH! An exceptional opportunity to acquire a six-unit multifamily property in one of Madeira Beach's most desirable coastal locations. The property features a highly versatile mix of two one-bedroom units and four studio units, creating multiple avenues for rental income and long-term investment potential. Property is fully leased. The property currently generates significant income with low expenses and 6% CAP rate at list price. The combination of established income, incredible coastal location just two blocks from the beach, strong NOI, location, and six individual rental units provides an attractive foundation for both experienced multifamily investors and buyers looking to expand their income-producing portfolio. Unit sizes are approximately 700-800 square feet for the one-bedroom residences and approximately 550-650 square feet for the studios. Select units are fully furnished, providing additional flexibility for furnished, seasonal, or mid-term rental strategies where permitted. The efficient layouts and individual units offer the ability to manage and optimize rents on a unit-by-unit basis. Residents are within easy reach of the Gulf beaches, restaurants, shopping, entertainment, and the highly popular John's Pass Village & Boardwalk. The property's proximity to the beach and surrounding amenities provides strong rental appeal and supports continued demand from both local and seasonal tenants. The property presents an attractive combination of strong income, excellent location, good unit count, and future upside that is increasingly difficult to find in the Madeira Beach market. An excellent opportunity to acquire a coastal multifamily asset with current cash flow and the potential to further optimize rental performance. Buyer to independently verify all zoning, permitted uses, rental restrictions, licensing requirements, operating expenses, income, and other property information.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
404.69 m2
Building Size
199.28 m2
Year Built
1948
Num Floors
1
County
Pinellas
Parcel ID
09-31-15-54306-000-0230
Provider
Stellar MLS
Brokerage Office Name
Preferred Shore
Brokerage Office Phone
(941) 999-1179
Neighbourhoods
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Address
113 145 Avenue E, MADEIRA BEACH, FL 33708

Tax History

YearTax amount
2025USD $9332AUD $13,435*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.

Contact Agent
Daniel Petrilla
PREFERRED SHORE LLC
50 S. Lemon Ave STE 302, Sarasota, FL 34236
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Daniel Petrilla
50 S. Lemon Ave STE 302, Sarasota, FL 34236
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      Property ID: 110120146899

      Original Property ID: 3yd-MFRMLSFL-A4708837
      Data provided by Stellar MLS, MLS #: A4708837
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      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.