113 145 Ave E, photo 1
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Overview

0 ba2,145 sqftMulti-family 5+
TypeMulti-family 5+
HOANone listed
Built1948
Lot4,635 sqft
Living area2,145 sqft
Price / sqft$839

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

DishwasherMicrowaveRefrigerator

113 145 Ave E is a 1948-built home Madeira Beach. Listed at $1,800,000 (about $839/sqft), 4 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1948
Price / sqft
$839
On market
4 days
Annual tax
$9,332
Flood zone
AE
Lot
4,635 sqft
Type
Multi-family 5+

At a glance

Multi-family
Built 1948
Water views
Beach
4,635 sqft lot
Lot size
2,145 sqft
Living area

Payment

Est. monthly payment
$11,066/mo
Down payment (20%)
$360,000
Property taxes
$778/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Multi-Family 5+
Year Built
1948
Lot
4,635 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
4
Dishwasher
Microwave
Refrigerator
Flood Zone AE
Annual Tax (2025)
$9,332
Parcel #
09-31-15-54306-000-0230

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Pinellas
MLS Area
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Lot Size
4,635 sqft
FloodZoneSidewalkStreet LightsPaved

Price history

Date
Event
Price
10/7/2026
Listed for sale
Source: Stellar MLS #A4708837
$1,800,000
$839/sqft

Neighborhood

113 145 Ave E
Madeira Beach, FL, 33708 · 33708 - St Pete/Madeira Bch/N Redington Bch/Shores

Market insights

Offer Insights

Choose an offer strength

List price: $1,800,000
$1.72M – $1.80M
95.3% – 100% of listTops out right at the list price
80% of listList price
70 of the last 138 home closings in 33708 landed at this number or higher (51%). The median one sat 70 days before it went under contract, and this one is on day 4.

Sample: 138 closed home sales in 33708 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$11,065/mo
Principal & interest$9,388
Property taxes$778
Insurance$900
Down payment20% · $360,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,800,000

$839 per sq ft

Size

2,145 sq ft

Time on market

4 days

Year built

1948

Monthly payment

About $11,066/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,332 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byPREFERRED SHORE LLCListing agent: Daniel PetrillaListing data from Stellar MLS, MLS# A4708837.

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