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28841613
28841614

160 145th Ave, Madeira Beach, FL 33708

SM
FL 3530706
KW Commercial Boca Raton East
KW Commercial Boca Raton East
Listed by KW Commercial Boca Raton East
$3,750,000
177 days on market
Updated 73 days ago

160 145th Ave

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,233
Units 9
Cap Rate 8.00%
Occupancy 87%
Price per SqFt $717
Class C
Year Built 1950
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.270
Zoning R2

Multifamily | 9 Units | $416,667/unit

Marketing description

Prime 9-Unit Investment Opportunity in the Heart of Madeira Beach

Discover a turnkey multifamily asset just moments from the sugar-sand shoreline at 160 145th Ave, Madeira Beach, FL 33708. This fully renovated 9-unit property offers exceptional stability and even greater upside, perfectly positioned in one of Pinellas County’s most in-demand beach communities.

Each unit has been thoughtfully updated with new kitchens, flooring, electrical upgrades, and stylish finishes that consistently command above-market rental rates. The mix includes seven 1-bedroom units and two 2-bedroom units, all individually metered for electricity and benefiting from a recent roof and fresh exterior paint. Every apartment features a window A/C unit and is designed for easy, low-maintenance ownership.

All of this sits within easy walking distance to the beach, restaurants, shopping, and the vibrant Madeira Beach lifestyle that keeps demand strong year-round.

Whether you’re seeking reliable rental income or a high-yield vacation rental conversion, this property checks all the boxes.

Investment highlights

  • Turnkey 9-unit beach-area property

  • Fully renovated units with new kitchens, flooring, and electrical upgrades

  • Walking distance to Madeira Beach and local dining, entertainment, and shopping

  • Ideal for short-term rentals or conversion to vacation rental.

Listing Contacts

SM
FL 3530706
KW Commercial Boca Raton East
KW Commercial Boca Raton East
Listed by KW Commercial Boca Raton East

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Additional Information

Name
Stephen Molinari
License
3530706
Brokerage
KW Commercial
Brokerage Phone
561-305-6161
Title
Investment Specialist
Name
Austin Littlepage
License
3427888
Brokerage Phone
4109713207
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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