MADEIRA BEACH 8 UNIT BEACH RENTAL

MADEIRA BEACH 8 UNIT BEACH RENTAL

Smith_logo_1Property #INL234  SOLD

ISLAND PARADISE

13215 2ND ST E, & 201 132ND AVE E, MADEIRA BEACH

Excellent opportunity to purchase an 8 unit vacation rental complex in the desirable Madeira Beach community, just two blocks from the beach and a short distance from John’s Pass Village – This beautifully maintained property has a very private feel, with a tiki hut, pool and spa, courtyards, and lush landscaping, all with an Old Florida feel – Grandfathered licensing allows for daily, weekly, monthly or annual rentals – Priced at an 11-12% Cap Rate; income and expense information available upon execution of a Confidentiality Agreement

STRICTLY CONFIDENTIAL AND SHOWN BY APPOINTMENT ONLY, AS TENANTS ARE UNAWARE OF POTENTIAL SALE

PRICE: $1,199,000

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