Back 516 129th Ave E
Off Market

516 129th Ave E

Madeira Beach FL 33708

2
3252 sq. ft.
7035 sq. ft.
Duplex
Last sold for $750,000
John Desautels, IIJohn Desautels, II, last sold this property on 29 June 2018 after 25 days on market.

Overview

Waterfront Flexibility with a Huge dock! This magnificent waterfront home has the dockage to handle ANY BOAT from a lengthy sport fish to a beamy Trimaran or as many day boats as you could dream of. The home is an enormous duplex with a flexible (connected ) floor plan that can be your own private waterfront mansion or Live in one side and collect generous rental income from the other! Seller is motivated, creative and willing to hold paper with a significant down payment. This is the waterfront paradise that you have been waiting for and is offered at an unheard of price for what this property offers! Here are the important stats: More than 120 feet of landscaped water frontage, huge dock and boat slips, 3,252 of luxury living space including 6 bedrooms and four baths and a total of 4,017 total square feet under roof including the shop, home office, enclosed storage, laundry room and outdoor living spaces all within easy walking distance of the beach and Johns Pass Village! Although technically a duplex this low maintenance turnkey tile and hardwood floored home has a flexible floor plan that makes an ideal one family home or can be used as a multi-family. Live in one unit while the other pays the mortgage or let your friends and in laws stay for free! Alternatively; rent both units for income production... Excellent rental history shows income potential of $4,500 to $5,000 per month.

Features

2 carspaces
2 carport spaces
3252 sq. ft. floor area
7035 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Madeira Beach over the last 12 months, the estimated median property value of 516 129th Ave E is $462.5k.

Median value
$462.5k
Estimated value range
$260k - $849k
Median days on market
39
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Madeira Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516 129th Ave E

2019
Rented
Undisclosed
09 Oct 2019 by INVESTORS CHOICE REALTY
2018
Sold
$750,000
29 Jun 2018 by John Desautels, II, of JOHN E DESAUTELS & ASSOCIATES
2013
Rented
Undisclosed
08 Feb 2013 by JOHN E DESAUTELS & ASSOCIATES

Happy sellers in Madeira Beach

73%
73% of sellers in Madeira Beach reported that their sale price either exceeded or met their price expectations.

Madeira Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Madeira Beach over the last 12 months.

Local market activity for duplexes in Madeira Beach

In the last 12 months, 20 duplexes similar to 516 129th Ave E, have been sold.

This represents a 26% increase in duplexes sales when compared to the previous 12 months.

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