113 145 Avenue E MADEIRA BEACH, FL 33708
2,145
Square feet
0.10
Acres
$1,800,000
About 113 145 Avenue E
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.
Commercial Sale home for sale in MADEIRA BEACH, FL at 113 145 Avenue E. This Commercial Sale home is priced at $839/sqft
Features of 113 145 Avenue E
| MLS® # | A4708837 |
|---|---|
| Price | $1,800,000 |
| Square Footage | 2,145 |
| Acres | 0.10 |
| Year Built | 1948 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Community Information: Madeira Beach
| Address | 113 145 Avenue E |
|---|---|
| Area | St Pete/Madeira Bch/N Redington Bch/Shores |
| City | MADEIRA BEACH |
| County | Pinellas |
| State | FL |
| Zip Code | 33708 |
Amenities of 113 145 Avenue E
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Senior Community | No |
Interior of 113 145 Avenue E
| Appliances | Dishwasher, Microwave, Refrigerator |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
Exterior of 113 145 Avenue E
| Lot Description | FloodZone, Sidewalk, Street Lights |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information On 113 145 Avenue E
| Date Listed | October 7th, 2026 |
|---|---|
| Zoning | MULTI |
| Flood Zone Code | AE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | Yes |
Listing Details
| Office | PREFERRED SHORE LLC |
|---|