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Off Market
1/9

110 148th Ave E
Madeira Beach, FL 33708


HIGHLIGHTS

  • 11-Unit Multifamily Property Located in the Center of Madeira Beach, FL
  • Unit Mix Includes Spacious 1- & 2- Bedroom Floorplans
  • Interiors Include Granite Counter Tops, Wood Cabinets, Stainless Steel Appliances , Tile Flooring, and 100% of Units Have Central AC
  • Significant Value-Add with $1,063+ in Average Monthly Rental Upside Through Light Renovations and Loss-to-Lease Recapture
  • Less Than 1 Mile from Madeira Beach Ranked #9 out of 25 Best Beaches in the US & Only 13 Minutes (5.2 Mi) from St. Pete Beach Ranked #1 (Trip Advisor)
  • 4-Minutes from Johns Pass - Pinellas County's #1 Tourist Attraction which Includes a Variety of Shops, Restaurants, and Outdoor Activities (1.5 Mi)

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Caribbean Isles

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

7440

STORIES

2

YEAR BUILT

1949

PARKING SPACES

12

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

09-31-15-60858-000-1030