135 NE Madison Circle N, St Petersburg FL 33702 (Off Market)

For Sale, USD 700,000


135 NE Madison Circle N, St Petersburg FL 33702,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,899 ft² / 269 m²

Land Size : N/A

Bedroom : 6

Bathroom : 5

Half Bathroom : 0

MLS#: N/A


Property Description

A standout income-producing opportunity, 135 N.E. Madison Circle N. delivers the kind of reliability, condition, and location that investors look for but rarely find. This well-kept five-unit building features four 1-bedroom residences and one spacious 2-bedroom unit, offering a balanced mix of rental appeal and steady occupancy. The exterior presents beautifully, with clean lines, fresh paint from just a couple of years ago, and new gutters that efficiently manage rainwater. Each unit is equipped with a screen door, allowing residents to enjoy natural airflow and Florida's breezes. Inside, Units #1, #4, and #5 have been upgraded with new baths, kitchen cabinetry, and appliances, elevating both comfort and rental value. Every resident benefits from separate water and sewer meters, a rare and desirable feature that keeps operating expenses predictable and streamlined. There is a Strong Appeal for Tenants as The property sits just off the highly traveled 4th Street N. corridor, one of St. Petersburg's most convenient and amenity-rich stretches. Shopping, restaurants, grocery stores, automotive services, and countless daily conveniences line the corridor, making life easy for residents and keeping demand consistently high. A Location That Drives Long-Term Value Beyond the immediate conveniences, the property is minutes from the world-famous Gulf beaches, St. Pete-Clearwater and Tampa International Airports, and vibrant downtown St. Petersburg. Art, culture, dining, and entertainment - including the renowned Dali Museum - are all within quick reach, reinforcing the property's desirability for both short- and long-term tenants. This is a rare chance to acquire a clean, well-maintained, income-producing asset in one of St. Petersburg's most accessible and high-demand areas. NO HURRICANE OR FLOOD DAMAGE !
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135 NE Madison Circle N, St Petersburg FL 33702, United States,Florida is a 2,899ft² Florida luxury Multi-Family Home listed for sale USD 700,000. This high end Florida Multi-Family Home is comprised of 6 bedrooms and 5 baths. Find more luxury properties in Florida or search for luxury properties for sale in Florida.