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119 147TH AVENUE E, Madeira Beach, FL, 33708

2beds
2baths
1,264sqft
$450,000
$356price/sqft
$3,191/moest. monthly cost
$127,640/yrincome needed

About This Home

Under contract-accepting backup offers. Virtually Staged. AMAZING PRICE AND GREAT LOCATION! Discover an exceptional investment opportunity in the heart of Madeira Beach. This EXTENSIVELY REMODELED CONCRETE BLOCK DUPLEX offers two beautifully updated 1-bedroom, 1-bath units, each with an additional BONUS ROOM—perfect for a home office, guest space, hobby room, or added storage. Both sides were thoughtfully restored following the 2024 hurricanes with permits and inspections completed. Updates include restored TERRAZZO FLOORING (no carpet), new drywall, baseboards, interior paint, lighting, a new tankless water heater, new mini-split systems, supplemental window units, and a 2021 ROOF. Each kitchen features new cabinetry, tiled backsplash, stone countertops, recessed lighting, and new stainless steel appliances—including a dishwasher. Bathrooms have been refreshed with new vanities, updated hardware, and a tub/shower combo. Each unit offers its own WASHER/DRYER HOOKUP for the convenience of indoor laundry and a PRIVATE FENCED BACKYARD separated for privacy—ideal for tenants or an owner occupant who wants to enjoy one side while renting the other. The west unit also includes a STORAGE SHED. The front yard is beautifully manicured with SHELL ROCK AND ARTIFICIAL TURF, creating an attractive, LOW-MAINTENANCE coastal aesthetic. The exterior has been freshly painted and professionally landscaped, and the property provides FOUR OFF-STREET PARKING SPACES—a rare convenience in this area. Just moments from the Gulf’s white sand beaches and vibrant John’s Pass Village, residents can enjoy waterfront dining, boutique shopping, boating, fishing, and endless coastal recreation. Whether you're expanding your rental portfolio, seeking a strong income-producing asset, or looking for a personal beach retreat with supplemental income, this duplex delivers outstanding potential in one of Southwest Florida’s most desirable beach communities. Opportunities like this are rare—secure your slice of Madeira Beach today.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

10/10
7/10
Seminole Middle SchoolGrades 6-83.9 mi
4/10
Seminole High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Concrete,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Terrazzo

Heating & Cooling

  • Heating features: Other
  • Cooling features: Ductless,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,292
  • Total interior livable area: 1,264 sqft

Property

Details

  • Parcel number: 093115870480000340
  • Zoning: R-2
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced

Lot

  • Lot size: 3,001 sqft
  • Lot size dimensions: 50 x 60

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Pinellas County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$116$1,392
Property Taxes $603$7,236
Electricity $197$2,366
Total$3,191$38,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,405/yr
40% on housing$95,730/yr
45% on housing$85,093/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 33708$416
Pinellas County$301

vs Homes Sold Last Month

Median $/sqft

ZIP 33708$395
Pinellas County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$450,000
2026-07-08Price change$475,000
2026-06-10Price change$499,999
2026-05-08Price change$525,000
2026-04-21Price change$565,000
2026-03-28Listed for sale$575,000
2024-12-24Sold$320,000
2021-06-17Sold$390,000
2021-03-31Listed for sale$399,000
2021-03-22Pending sale$399,000
2021-02-13Listed for sale$399,000
2021-02-11Pending sale$399,000
2020-09-26Listed for sale$399,000
2017-02-24Listing removed$850
2017-02-17Listed for rent$850
2013-01-23Sold$100,000
2012-10-28Listed for sale$102,600
2011-10-12Listing removed$180,000
2010-09-17Listed for sale$180,000
2010-06-24Listing removed$180,000
2009-11-06Price change$180,000
2009-10-31Listed for sale$160,000
2009-07-25Listing removed$160,000
2009-06-13Listed for sale$160,000
2001-10-31Sold$137,000
2000-09-12Sold$100,000
1995-12-20Sold$17,350

For Sale by Agent

AgentBetsy Sheffield
BrokeragePLUMLEE GULF BEACH REALTY

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