ChrisRoye
BEDS6
BATHS
SQUARE FEET2,160
MLS#TB8544583
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPAGES REP OF MITCHELLS BEACH
Property Description
Rare waterfront redevelopment opportunities situated on two lots totaling approximately 12,628 ft. (0.28 acres) with approximately 95 feet of seawall in a laid-back and beautiful neighborhood. The property currently has three existing structures, each approximately 720 ft. situated on a slab foundation with wood siding. The existing structure sustained substantial damage from the hurricane, and the property is being marketed primarily for its land value and redevelopment potential. Seller makes no representations or warranties regarding the condition of the existing structures. The structures currently remain in place as plans may need to be drawn and approved prior to demolition in order to preserve the opportunity for three properties across the two existing lots. Property use is multifamily less than 10 units, with a three month minimum rental period. Buyer is responsible for independently, verifying zone, land use, rental restrictions, building, permitting, demolition, density, and redevelopment requirements with the appropriate municipality. Ideally located just a short walk to John's Pass Village and the sandy beaches of Madeira Beach, this is a unique opportunity to own approximately 0.28 acres of waterfront property along Boca Ciega Bay with 95 feet of seawall and create something new in a highly desirable location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Other
Lot Size: 0.29 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $12,232
Year Built: 1930
Amenities
Other
Private Yard
Feature Descriptions
Annual Net Income: 108000.00
Body of Water: BOCA CIEGA BAY
Community Features: Street Lights
Days on Site: 5
Directions: Head South on Seminole Blvd. Use the left 2 lanes to take the exit toward 150th Ave/Tom Stuart Causeway. Use any lane to turn left onto Gulf Blvd. Turn left onto 133rd Ave E. Turn right onto Boca Ciega Dr.
Exterior: Wood Siding
Flood Zone Code: AE
Foundation: Slab
Frontage Bay Harbor: 1
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: FloodZone, City Limits, Paved
Lot Dimensions: 0.29
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: Go Direct, No Lockbox
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Available, Sewer Connected, Water - Multiple Meters, Water Available
Water: Public
Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor, Assigned Boat Slip, Boat Port, No Wake Zone, Seawall - Concrete
Water View: Bay/Harbor - Full, Canal, Gulf/Ocean to Bay, Intracoastal Waterway
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 BEGGINS
Agency Contact: 813-658-2121
Shown By
Agent Name: Chris Roye
Agent Phone: (219) 545-5880
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 10,141.68 per month $8,670.26 Principal & Interest $1,019.33 Property Tax $452.08 Homeowner's InsuranceChange Payment Information
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249 Boca Ciega Drive | MLS# TB8544583
This multi-family property located at 249 Boca Ciega Drive, Madeira Beach, FL 33708 is currently listed for sale with an asking price of $1,550,000. Search Madeira Beach real estate on chrisroye.ikeyrealty.com today.