Video tour
$8,906 Closing Credit¹
#TB8325178, Michael Evans, Listing Office: COLDWELL BANKER REALTY
$10,000
closing credit¹
509 129th Ave E Madeira Beach, FL 33708
$1,088,000 List price
$10,000
Closing credit¹
0 beds
2,082 sqft
0.1 acres
$523 / sqft
Multi-Family
Property details
About 509 129th Ave E
Welcome to this Madeira Beach triplex, ideally situated just steps from John's Pass Village and Boardwalk. Located on a deep-water canal with stunning views and direct access to Boca Ciega Bay and the Gulf of Mexico, this property features a 14' x 20' composite dock and a 13,000 lb boat lift with electric. The triplex consists of three units: a one-bedroom, one-bathroom unit of approximately 450 square feet, another one-bedroom, one-bathroom unit of about 559 square feet, and a spacious two-bedroom, two-bathroom unit measuring roughly 1,114 square feet. The roof was replaced in 2015, and while the 1/1 units boast polished terrazzo flooring, the 2/2 unit features durable concrete flooring. Additional upgrades include some impact windows, new plumbing and waste lines in the 2/2 unit, and brand-new mini-split A/C and heating units in all units. Although the property did sustain flooding during recent hurricanes, it offers a blank slate for investors to reimagine the interior design. The dock could be rented for an additional $500 per month. The seller has a no substantial damage letter from the City of Madeira Beach so the home can get an interior repair permit and does not need to be demolished per FEMA's 50% rule. Zoned R2 with a three-month minimum lease requirement, this triplex is within a couple of blocks of John's Pass Village and Boardwalk, where you can enjoy an array of restaurants, breweries, nightlife, and more.
Highlights
Home typeTriplex
HeatingOther
StatusActive
CoolingZoned
Size2,082 sqft
Lot size0.14 Acres
Year built1963
MLS #TB8340387
WaterfrontBay, Gulf
ViewWater
Virtual tour
Summary
- MLS Number: TB8340387
- MLS Name: MFRMLS
- Office Name: REDFIN CORPORATION
- Office Phone: (813) 518-8756
- Listing Agent: Sylvia Haddad
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 3:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,088,000
509 129th Ave E
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 05, 2019 | Home Sold | $496,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $750,943 | $11,462 |
| 2022 | $725,000 | $11,122 |
| 2021 | $469,600 | $11,122 |
| 2020 | $464,474 | $8,037 |
| 2019 | $369,761 | $6,761 |
| 2018 | $336,146 | $6,125 |
| 2017 | $352,846 | $5,666 |
History based on county public records data.
Nearby schools
5
Azalea Elementary
Public District PK-5
2.4 mi
•1680 74th St N
3
Seventy - Fourth St. Elementary
Public District PK-5
2.8 mi
•3801 74th St N
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.9 mi
•95 72nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,754. Residents of Madeira Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
34%
<35k
46%
35k-100k
19%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
6%
Single, with Kids
21%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
15%
18-34 yrs old
59%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Express/Express For Men
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Qdoba
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Volkswagen
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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This home is located at 509 129th Ave E in Madeira Beach, FL and zip code 33708. This 2,082 square foot home, which was built in 1963, sits on a 0.14 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $1,088,000.
While more than 0 listings in Madeira Beach, FL in December 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 18 were sold below. The number of listings in Madeira Beach, FL increased by 11.1% between November and December 2024. While the average time on the market in December 2024 was 74 days, the median list price was $777,500.
From Rocket Homes Real Estate and based on county public records data.