111 148th Ave E, Madeira Beach, FL 33708

Exceptional multi-family investment opportunity or coastal family home in Madeira Beach!

This multi-family property at 111 148th Ave E, built in 1947, offers a combined 1,580 sqft of living space with 4 bedrooms and 2 bathrooms (although some public records indicate 5 bedrooms and 2 bathrooms), on a 3,376 sqft lot. With median home prices in Madeira Beach down 27.6% year-over-year as of June 2025, properties like this are gaining investor interest. The last recorded sale was in 2002 for $172,000, but its current estimated value on some platforms is significantly higher, suggesting a savvy buyer could gain substantial, immediate equity. This property is ideal for an investor seeking a high-yield asset in a desirable coastal community with strong rental demand, or a homeowner looking for a residence with an additional unit to generate income.