by Global Lifestyle Properties

See Home Value
$630,000
● Multifamily - Off Market

11 Lynn WAY

MADEIRA BEACH, FL 33708
bedrooms
Studio
bathrooms
0 Bath
square feet
1,992 Ft²
$731,277
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

SOLID INVESTMENT OPPORTUNTIY IN MADEIRA BEACH JUST A MINUTE OR TWO FROM THE GULF OF MEXICO!   Come see this four unit - 1 bedroom/1 bathroom - property which has been a historically strong income producing investment in central Madeira Beach just minutes from the soft sands of the Gulf of Mexico. It can be used for mid-term or long-term rentals. All four units are in great shape and been well maintained and/or thoroughly renovated and tastefully updated since 2017 with new doors, concrete pads, kitchens, appliances, sinks and faucets, cabinets, countertops and mini-split air conditioning units (6).  The electrical panels were also updated since construction!!!  The building is comprised of cement block with new insulation installed this year. The backyard is expansive with plenty of room for storage. Each unit has its own private  backyard space with access from the back of the unit.  This property is perfect for investors looking for the stability of longer-term tenants or one that may want to keep a unit for a weekend get-away since the property is just two minutes from the sandy white Gulf Beaches and close to nearby restaurants and bars.  Please review all photos and online documents before scheduling appointments and allow at least 24 hours for showings as the property is currently tenant-occupied.  (Please do not disturb the tenants.)  CALL FOR MORE INFORMATION & TO SCHEDULE YOUR SHOWING TODAY!!
Unit Size
1,992 Ft²
Days on Market
27 days
Land Size
0.27 acres
Price per sqft
$314
Property Type
Multifamily
Property Taxes
$575
HOA Dues
-
Year Built
1948

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Last updated: 3 years ago (Stellar MLS #U8123016)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Sold
May 20, 2021 Listed by KELLER WILLIAMS GULFSIDE RLTY $625,000
Listed by KELLER WILLIAMS GULFSIDE RLTY
Jan 3, 2017 Sold
Sold
Sep 11, 1997 Sold
Sold

Property Highlights

Interior Details
Interior Features: Ceiling Fan(s), Kitchen/Family Room Combo, Skylight(s)
Appliances: Microwave, Range, Refrigerator
Flooring Type: Ceramic Tile
Exterior Details
Square Footage: 1992
Square Footage Source: $0
Year Built: 1948
Building Area Units: Square Feet
Construction Materials: Block, Stucco
Lot Size Area: 11866
Lot Size Units: Square Feet
Lot Size Acres: 0.27
Lot Size Square Feet: 11866
Lot Size Dimensions: 120 x 100
Tax Lot: 5
Water Source: Public
Financial Details
Tax Annual Amount: $6,905
Utilities Details
Cooling Type: Mini-Split Unit(s)
Heating Type: Other
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210520
05/20/2021
Loft
-
1992 ft²
$625,000
bedrooms
Loft
bathrooms
-
square feet
1992 ft²
$630,000 +0.80%
06/16/2021
Dan Tumarkin
KELLER WILLIAMS GULFSIDE RLTY

Building Info

11 Lynn Way 11 Lynn Way, Saint Petersburg, FL 33708
More about this Building
11 Lynn Way
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About Madeira Beach


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