Skip to main content

Active - Multi Family for sale

113 145 AVENUE E, Madeira Beach, FL

2,145 sqft

Facts & features

Multi Family Property type
38 days on Beycome
1948 Year built
$839 Price/Sqft.
4,635 sqft Lot size

Why you’ll love it

Virtually Staged. 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 provide 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.

Translating description...

Listings courtesy of PREFERRED SHORE LLC as distributed by MLS GRID.

Listed by: Daniel Petrilla • daniel.petrilla@gmail.com • PREFERRED SHORE LLC

Co-listed by: PREFERRED SHORE LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4708837 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

Come see by yourself

Affordability

$1,170,000$2,430,000
1%20%
0%90%
Discover how to buy smarter Book a call with our buying expert
Estimated monthly payment

$9,879/mo

  • Mortgage$9,102
  • Property tax$778
  • HOA fee
  • Homeowners insurance
Due at closing$1,431,000
Down payment held in escrow$360,000
Closing costs$27,000
beycome credit Est.$36,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Save Credit back

Make a winning offer, and get up to

$36,000 Credit back

Start an offer

Discover the neighborhood

Travel times

About Madeira Beach

Loading area overview…

This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,800,000 Listed price

Make a winning offer, and get up to

$36,000 Credit back

Make an offer