Great Investment Opportunity for the right buyer! This duplex property sits on 104x70 foot lot across the street from Boca Ceiga Bay and just blocks from the Gulf of Mexico making it the ideal tear-down and rebuild for luxury duplex. While the structure was originally built in 1949 and offered two spacious 1 bed / 1 bath units with nice fenced in yard space, it has been damaged by recent hurricanes. The property is now best positioned as a redevelopment or major renovation opportunity in a highly desirable coastal market of Madeira Beach. Zoned Multi-Family on a lot-and-a-half, offering more space to create your own Florida Paradise!
For sale
$485,000
245 145th Ave E, Madeira Beach, FL 33708
--beds
0baths
1,415sqft
Est.:
Duplex, Multi Family
Built in 1949
-- sqft lot
$479,600 Zestimate®
$343/sqft
$-- HOA
What's special
- 29 days |
- 366 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 08:42am
Listing Provided by:
Jenny Walker 727-418-3941,
COASTAL PROPERTIES GROUP INTERNATIONAL 727-493-1555,
Brent Walker 727-804-7501,
COASTAL PROPERTIES GROUP INTERNATIONAL
Source: Stellar MLS,MLS#: TB8453224
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Common Area, Inside
Features
- None, Open Floorplan
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 1,735
- Total interior livable area: 1,415 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox
- Fencing: Fenced
- Has view: Yes
- View description: Bay/Harbor - Partial
- Has water view: Yes
- Water view: Bay/Harbor - Partial
- Body of water: BOCA CIEGA BAY
Lot
- Size: 7,279 Square Feet
- Dimensions: 104 x 70
Details
- Parcel number: 103115543240000550
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Subdivision: MADEIRA SHORES 1ST ADD
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Madeira Beach
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $610,000
- Annual tax amount: $7,942
- Date on market: 12/8/2025
- Cumulative days on market: 30 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
$479,600
$456,000 - $504,000
$2,890/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Listed for sale | $485,000+47%$343/sqft |
Source:  Stellar MLS #TB8453224 Report a problem | ||
| 3/3/2020 | Sold | $330,000-2.7%$233/sqft |
Source: Public Record Report a problem | ||
| 1/27/2020 | Pending sale | $339,000$240/sqft |
Source: Berkshire Hathaway Home Services Florida Properties Group #U8069400 Report a problem | ||
| 1/27/2020 | Listed for sale | $339,000$240/sqft |
Source: BHHS FLORIDA PROPERTIES GROUP #U8069400 Report a problem | ||
| 1/27/2020 | Pending sale | $339,000$240/sqft |
Source: BHHS FLORIDA PROPERTIES GROUP #U8069400 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,942 +9.9% | $439,496 +10% |
| 2023 | $7,224 +7.5% | $399,542 +10% |
| 2022 | $6,721 +18.9% | $363,220 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,222/mo
Principal & interest
$2320
Property taxes
$732
Home insurance
$170
Climate risks
Neighborhood: 33708
Nearby schools
GreatSchools rating
- 10/10Orange Grove Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 6/10Seminole Middle SchoolGrades: 6-8Distance: 3.9 mi
- 4/10Seminole High SchoolGrades: 9-12Distance: 3.7 mi
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