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14111 PALM ST Madeira Beach, FL 33708
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Key Details
Sold Price $195,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 867 sqft
Price per Sqft $224
Subdivision Gulf Shores 1St Add
MLS Listing ID U8056628
Sold Date 09/27/19
Construction Status Inspections
HOA Y/N No
Year Built 1947
Annual Tax Amount $2,283
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Description
TWO LOTS FOR SALE.....Only 1 BLOCK FROM THE OCEAN, this DUPLEX is positioned perfectly AS A EXCELLENT RENTAL getting $1700 monthly total for both 1Bedroom Apts. OR BUILD YOUR DREAM HOME. The lot adjacent to this one (120 141st Ave E. listed at $189,900) is also for sale for a combined total of 8000 sq. ft LOT SPACE. This property currently has TWO 1 Bed Apts. There is a useful shed at the back that both houses share with a washer and dryer, essentially sharing a backyard with the adjacent property.
**According to the City of Madeira Beach (to be verified by potential buyers as regulations may change), lots 9 and 10 could each be built for a single-family home under the city’s R2 Zoning district. Homes must be constructed and elevated on posts or stilts at a minimum elevation of 14 feet (base flood elevation is 12 feet + 2’ of freeboard), on a minimum size lot of 4,000SF. Subject is 4,000 SF M.O.L (40’x100’). The maximum height for the home shall not exceed 30 feet which translates into one habitable floor above flood plain elevation (NAVD), The setbacks are 20 feet in the front and 25 feet in the back with combined side setbacks of 12 feet (for lots less than 50 foot wide) with a minimum of 5 feet on either side. This translate into the possibility of building a home of 1,260 SF of living space, with 2 or 3 bedrooms, and the same space for parking underneath. **Call me to get a copy of the PROFORMA and PROPOSED BUILD Survey.. THIS IS A GREAT OPPORTUNITY AND WON'T LAST LONG!
Location
State FL
County Pinellas
Community Gulf Shores 1St Add
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Fence
Garage Off Street
Utilities Available Electricity Connected
Waterfront false
Roof Type Other
Garage false
Private Pool No
Building
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with COLDWELL BANKER RESIDENTIAL