Madeira Beach Villas
GREAT INVESTMENT OPPORTUNITY! ONLY $392/square foot Only 3 blocks to the Beach! Well maintained duplex! CONTINUALLY RENTED SINCE 2013. >>>>>>>>> HUGE RENT INCREASE ----BOTH SIDES NEW RENTERS OCT 1st Villa #1 $1950/mo and Oct 15th Villa #2 1BR $1450/mo<<<<<<<<<<<<<<<<<< Quaint Beachside Villas of 2 homes. A truly unique property, the tenants love the extra privacy - Each villa has its own: entrance (no shared foyer/halls), driveways, parking spaces, outdoor patio area, private fenced back yards. Each villa has its own Central heat & AC. Villa #1 is 2BR+florida room+ inside laundry room/1BA $1950/month 6 month lease starts Oct 1st 2022.
Villa #1 is very spacious, great floorplan, more like a single family home layout. Bathroom has tub/shower combo, both bedrooms split floorplan located on south end of bldg.
Villa #2 1BR/1BA 6 month lease starts OCT 15tth $1450/month. Great room plan, bathroom has tub/shower combo, bedroom on northwest corner of bldg. Bedrooms of each side are on opposite ends of the bldg - perfect for sleeping. RENT includes water/sewer/trash and landscaping.
Currently under market rent as kind owner didn't want to raise rents during Covid/inflation. UPDATES 2021 - NEW SHINGLE ROOF, new HVAC unit #1. UPDATES 2020 both homes feature new luxury vinyl plank faux wood flooring, new interior paint, 2019 Unit #1 new dishwasher, microwave, granite kitchen counter, Unit #2 replaced kitchen & bath cabinets. Waterfront community Elks Club right around corner on East Parsley Dr, tenants enjoy waterfront pool, clubhouse, boat dock rentals for a small annual fee. Enjoy up and coming Madeira Beach! Great beach community features waterfront parks, tennis courts, leash free dog park, baseball fields, Marina, out door concert area on waterfront, fishing piers plus many public beach accesses.
Mad Beach has so much to offer with that small beach town feel. Per City of Mad Beach zoning is 3 month min rental. Great area of Madeira Beach to live in without annoying weekly rentals next door! Live in one side and rent out the other, and/or rent out to snowbirds in high income winter season. Both sides separate electric meters, Owner pays water/sewer/trash avg $170/mo, landscaping $105/mo, Insurance = Flood $2, 165/year, Homeowners $678/year, Wind $2, 685/year Being sold AS-IS with right to inspect. Need 24 hours showings with friendly tenants and need POF and/or pre-qual mortgage letter for showings.