$1,100,000

Description

Welcome to coastal luxury living at 14060 Miramar Avenue in the heart of Madeira Beach. This fully renovated turnkey quadplex presents a rare opportunity for investors seeking a stabilized, income-producing asset in one of Pinellas County’s strongest coastal rental markets. Just a 5-minute walk to the beach and John’s Pass, the property is ideally positioned to benefit from consistent tenant demand, premium rental appeal, and long-term appreciation in a highly desirable location. The property features four beautifully remodeled 1-bedroom, 1-bath apartment-style units, each thoughtfully designed with spacious living areas, oversized bedrooms, full kitchens, in-unit washers and dryers, luxury vinyl and tile flooring, spa-inspired bathrooms with elegant gold fixtures, oversized bay windows, and new wall-mounted A/C units. Every unit has been upgraded for comfort, durability, and low-maintenance ownership. In addition to the residential units, the property includes two garages and a dedicated owner's office suite, offering added flexibility for management, storage, or future operational use. For investors, this property offers immediate income with all four units currently leased and the potential to generate $11,000+ per month, with tenants responsible for their own utilities. Whether you are looking for a strong cash-flowing asset, a 1031 exchange opportunity, or a property with the option to occupy one unit while renting the others, this quadplex delivers exceptional versatility and upside. Additional features that enhance both tenant appeal and investment value include private fenced yards, a shared stone front porch, professional landscaping, fresh exterior paint, ample storage, and the rare convenience of eight off-street parking spaces. These amenities help support strong occupancy and long-term tenant retention in a market where parking and proximity to the beach are highly valued. Located in a peaceful waterfront neighborhood surrounded by newly constructed multi-million-dollar homes, this property is just moments from the Gulf of Mexico, marinas, parks, waterfront restaurants, shopping, entertainment, and all the attractions that make Madeira Beach one of Florida’s premier coastal destinations. Don’t miss this exceptional opportunity to acquire a luxury turnkey beach investment with strong income potential and lasting value in one of the Gulf Coast’s most sought-after markets. Positioned directly on the beach, the property benefits from a highly desirable coastal location with immediate access to the Gulf shoreline. The combination of rental income, on-site office space, and garage storage adds to the property's overall utility. Located in Madeira Beach, residents enjoy close proximity to local restaurants, shopping, marinas, waterfront activities, and the area's renowned beaches. This location provides convenient access to the attractions and amenities that make Florida's Gulf Coast a sought-after destination for visitors and residents alike.