$575,000
About this home
NEW TO MARKET!!! NEW TO MARKET!!! NEW TO MARKET!!! Steps to the beach!! View the Gulf from your front porch! Beachside living meets income-producing opportunity at 78 146th Avenue E in Madeira Beach! Just steps from the sand, this updated duplex features two one-bedroom, one-bath residences, both currently leased through July 2027. Monthly rents of $1,949 and $1,940 provide a combined $3,889 in gross monthly rental income, or $46,668 on an annualized basis at current rents. Extensive renovations include replacement windows, exterior doors, interior doors, updated water-supply plumbing, electrical wiring and receptacles, and two water heaters. Interior improvements include wall framing, insulation, drywall, freshly finished and painted walls and ceilings, and updated baseboards and trim. Street parking available. Kitchens and bathrooms feature updated cabinetry, vanities, countertops, sinks, and toilets, along with bathtub work and washer/dryer hookups for both residences. With tenants already in place, this property offers established rental income paired with the enduring appeal of a coastal location. Morning beach walks, afternoons by the Gulf, and sunset strolls are all just steps away. Whether expanding your investment portfolio or planning for future personal use after the existing leases expire, this Madeira Beach duplex brings together updated interiors, practical improvements, and the beach lifestyle. The location also places you near The Beahmaker, an upcoming Marriott Autograph Collection resort and residences, and a short drive from the waterfront dining, shopping, and entertainment of John’s Pass Village & Boardwalk. With a separate $115 million Marriott hotel development approved for John’s Pass, these hospitality projects represent significant additional investment in Madeira Beach, adding to the appeal of owning an income-producing property in this established Gulf Coast destination.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8559356
- Property type
- Duplex
- Subdivision
- SUNNY SHORES
- Status
- Active
- Days on market
- 1
- On market date
- October 19, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.07 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 1,346
- Student:teacher ratio
- 19.5:1
- District
- PINELLAS
- Enrollment
- 807
- Student:teacher ratio
- 18.8:1
- District
- PINELLAS
- Enrollment
- 1,673
- Student:teacher ratio
- 20.9:1
- District
- PINELLAS
Walkability
Blended score for MADEIRA BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in MADEIRA BEACH, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.