Description
***This property qualifies for FHA/VA financing with owner occupied financing with as little as 3.5% down payment! please inquire*** Start making passive income from day one after closing. Here is a great opportunity to secure your next turnkey investment property minutes from the sugar sands of Madeira Beach! located just 5 minutes walking distance from Beach and near all shops, dinning, and venues Madeira beach has to offer. This Triplex underwent extensive renovations from 2021-2024 including a brand-new roof, plumbing including new clean outs for each unit, electrical panels, hurricane impact windows throughout, interior and exterior paint, landscape clean up to name a few of the major improvements. Inside each unit had all carpet/dated floors removed then leveled before designer porcelain/ ceramic wood plank tile was installed throughout, interior paint, baseboards, stainless steel appliances. The modern new kitchen features solid wood soft close cabinets, quartz countertops, and all new appliances including high efficiency washer and dryers in all units with range and Hood vents. Fully remodeled bathroom features polished porcelain tile, quartz vanity, with full size shower. each ensuite bedroom is large enough to fit a king size bed and features a spacious walk-in closet. All units are the same size, see attached floor plan. Step out back and enjoy your private back patio or take a quick stroll to the beach/shops/ and all the new restaurants/beach dining options within walking distance. All three units are currently occupied by tenants on annual leases allowing the new owner to increase to market rates, lease as furnished unit and use the mid-term rental model to generate more income. This is a great asset to acquire and perform a cost-segregation and deprecation out to maximize tax benefits. Since all major improvements have been completed the new owner can focus on marketing/branding the property, while enjoying it for personal use if desired. Shown by appointment only. Do not solicit or disturb tenants.
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3BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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1,516SQFT
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$534$/SQFT
School Ratings & Info
Description
***This property qualifies for FHA/VA financing with owner occupied financing with as little as 3.5% down payment! please inquire*** Start making passive income from day one after closing. Here is a great opportunity to secure your next turnkey investment property minutes from the sugar sands of Madeira Beach! located just 5 minutes walking distance from Beach and near all shops, dinning, and venues Madeira beach has to offer. This Triplex underwent extensive renovations from 2021-2024 including a brand-new roof, plumbing including new clean outs for each unit, electrical panels, hurricane impact windows throughout, interior and exterior paint, landscape clean up to name a few of the major improvements. Inside each unit had all carpet/dated floors removed then leveled before designer porcelain/ ceramic wood plank tile was installed throughout, interior paint, baseboards, stainless steel appliances. The modern new kitchen features solid wood soft close cabinets, quartz countertops, and all new appliances including high efficiency washer and dryers in all units with range and Hood vents. Fully remodeled bathroom features polished porcelain tile, quartz vanity, with full size shower. each ensuite bedroom is large enough to fit a king size bed and features a spacious walk-in closet. All units are the same size, see attached floor plan. Step out back and enjoy your private back patio or take a quick stroll to the beach/shops/ and all the new restaurants/beach dining options within walking distance. All three units are currently occupied by tenants on annual leases allowing the new owner to increase to market rates, lease as furnished unit and use the mid-term rental model to generate more income. This is a great asset to acquire and perform a cost-segregation and deprecation out to maximize tax benefits. Since all major improvements have been completed the new owner can focus on marketing/branding the property, while enjoying it for personal use if desired. Shown by appointment only. Do not solicit or disturb tenants.
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