$194500/ 867ft2 - Make your dream a reality... Income in Madeira Beach. 0 Beds, 0 Baths (Madeira Beach)
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TWO LOTS FOR SALE.....Only 1 BLOCK FROM THE OCEAN, this DUPLEX is positioned perfectly AS A EXCELLENT RENTAL getting $1700 monthly for both studio apts. OR BUILD YOUR DREAM HOME. The lot adjacent to this one (120 141st Ave E.) is also for sale for a combined total of 8000 sq. ft LOT SPACE. This property currently has 2 Studio Apts. There is a useful shed at the back that both houses share with a washer and dryer 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 cityâ€™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 + 2â€™ of freeboard), on a minimum size lot of 4,000SF. Subject is 4,000 SF M.O.L (40â€™x100â€™). 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!