$1,347,000
$50K PRICE DROP

117 140th Ave E Madeira Beach, FL 33708

Estimated payment $8,321/month

Total Views 3,282
6 Beds
4 Baths
2,806 Sq Ft
$480 Price per Sq Ft

Highlights

  • 114 Feet of Waterfront
  • Water access To Gulf or Ocean
  • No HOA
  • Orange Grove Elementary School Rated A
  • Intracoastal View
  • 2-minute walk to Tom and Kitty Stuart Park

About This Home

One or more photo(s) has been virtually staged. * INVESTORS ALERT * RARE OPPORTUNITY * Own fully OCCUPIED, solid CONCRETE block, QUADRUPLEX (3,208 total SF) in the heart of MADEIRA BEACH * BOAT ACCESS TO GULF OF AMERICA * INTERCOASTAL WATERFRONT * 0.12 acre land with a BEACH right across the street * Newer SEAWALL, brand new private composite DOCK, and sturdy steps to enjoy KAYAKING and FISHING. Property recently FENCED-in with gates on each side, backyard with plenty of space. Brand new GUTTERS and exquisite PAVERS were recently installed. Each unit has its own electric meter, designated parking, private mail box, bike and canoe racks. Exterior and first-floor apartments (2/1 and 1/1) are freshly painted and went through remediating and total remodeling kitchens and bathrooms. New electrical including wiring and new plumbing throughout downstairs units including new water heaters, also new CPVC pipes, valves, outside copper pipes, ball & pressure valves. New duct work in unit A and all 4 HVAC systems inspected along with the roof. Everything was permitted and inspected by the City of Madeira Beach and all permits are closed. Identical layouts and sizes of the apartments upstairs (updated 2021). Downstairs apartments with timeless TERRAZZO floors throughout, spacious living/dining room, large double pane sliding doors, and brand new windows with direct WATER VIEWS, privacy blinds, and open covered patio to relax or entertain with friends and family. Modern new kitchen with GRANITE countertops, WOOD cabinets, matching brand STAINLESS steel appliances (under the WARRANTY), including a side-by-side refrigerator with ice maker and water dispenser, stove and over-the-range microwave, and a rare to find WASHER/DRYER inside each unit. Very well-maintained property, centrally located with PUBLIC BEACH ACCESS across the street, along with shops and Florida beach authentic bars and restaurants around the corner, such as MadBeach Poke Bowls, Corner Kitchen & Coffee House, and Caddy's directly on the beach, to name a few. Only 1 mile to popular JOHNS PASS Village & Boardwalk, MARINA, and PARK. About 2 miles over the DRAWBRIDGE to the shopping plaza with major supermarkets, retail stores, and restaurants. St. Petersburg COLLEGE Bay Pines STEM Center; Madeira Beach FUNDAMENTAL Elementary School; VA BAY PINES and VA MEDICAL Center with access to trails through WAR VETERANS MEMORIAL PARK and 4 miles to popular PINELLAS TRAIL to enjoy endless BIKE rides. Public transportation is close by for an easy commute. Schedule a showing to see this great income generating property and start living your FLORIDA INVESTOR/LANDLORD DREAM!

Listing Agent

Monika Krolivcova

COASTAL PROPERTIES GROUP INTER Brokerage Phone: 813-756-1111 License #3328528 Listed on: 01/23/2026

COASTAL PROPERTIES GROUP INTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,800

Year Built

  • Built in 1971

Lot Details

  • 5,271 Sq Ft Lot
  • 114 Feet of Waterfront
  • 57 Feet of Salt Water Canal Waterfront
  • 57 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal

Property Views

  • Intracoastal
  • Partial Bay or Harbor
  • Canal

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,806 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Terrazzo Flooring

Kitchen

  • Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • Parking Pad
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters
  • Private Mailbox

Schools

  • Orange Grove Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,208 Sq Ft Building
  • Gulf Shores 3Rd Add Rep Subdivision

Building Details

  • 4 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,800

Year Built

Built in 1971

Lot Details

5,271 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2806
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 3208
  • Lot Size Sq Ft: 5271
  • Tenant Pays: Electricity
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 298.03
  • Escrow City: Palm Harbor
  • Escrow State: FL
  • Escrow Street Name: Tampa Rd.
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 480.04
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Composite,Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 813-756-1111
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Other Equipment: Permeable Paving, Private Entrance, Private Yard
  • Window Features: Blinds, Double Pane Windows
  • Living Area Meters: 260.69

Exterior Features

  • Exterior Features: Balcony, Permeable Paving, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: BOCA CIEGA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: No Wake Zone,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 57
  • Water View: Canal,Gulf/Ocean - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 114
  • Water Frontage Feet ICW: 57

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Driveway, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Orange Grove Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 10-31-15-34362-014-0030
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify lease restrictions with City of Madeira Beach
  • Terms Of Lease: Gross Lease

Multi Family

  • Number Of Units Total: 4
  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway
  • Number Of Separate Electric Meters: 4
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 12800
  • Tax Block: 014
  • Tax Book Number: 21-32
  • Tax Lot: 3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,580 $790,000 $516,805 $273,195
2024 $17,250 $1,175,000 $758,216 $416,784
2023 $17,250 $1,100,000 $786,271 $313,729
2022 $15,526 $955,000 $671,227 $283,773
2021 $10,549 $616,300 $0 $0
2020 $10,495 $621,580 $0 $0
2019 $9,468 $539,421 $338,557 $200,864
2018 $7,249 $452,064 $0 $0
2017 $6,624 $398,332 $0 $0
2016 $5,927 $333,966 $0 $0
2015 $5,666 $321,848 $0 $0
2014 $5,287 $314,069 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2026 02/23/26 Price Changed $1,347,000 -3.6% $480 / Sq Ft
01/23/2026 01/23/26 For Sale $1,397,000 +49.6% $498 / Sq Ft
01/31/2025 01/31/25 Sold $934,000 -1.7% $333 / Sq Ft View Prior Sale
12/26/2024 12/26/24 Pending -- -- --
12/20/2024 12/20/24 For Sale $950,000 -21.8% $339 / Sq Ft
09/02/2021 09/02/21 Sold $1,215,000 -4.7% $433 / Sq Ft View Prior Sale
06/19/2021 06/19/21 Pending -- -- --
05/25/2021 05/25/21 Price Changed $1,275,000 -5.2% $454 / Sq Ft
04/30/2021 04/30/21 Price Changed $1,345,000 -3.9% $479 / Sq Ft
04/22/2021 04/22/21 For Sale $1,399,999 +95.8% $499 / Sq Ft
07/06/2018 07/06/18 Sold $715,000 -10.5% $255 / Sq Ft View Prior Sale
06/12/2018 06/12/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $799,000 -6.0% $285 / Sq Ft
12/04/2017 12/04/17 Price Changed $849,900 -5.6% $303 / Sq Ft
10/09/2017 10/09/17 For Sale $899,900 -- $321 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4679373

Stellar MLS
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