5440 113Th StSeminole, FL 33772

Property Details for 5440 113Th St

Lot size

0.17 AC

Property size (Sq ft)

2,520 SF

Property type

Residential income homes

Description

This exceptional three-story, 2,520 square foot multifamily property in unincorporated Seminole, Florida, presents a compelling investment opportunity. Boasting two units, each with its own kitchen, this property offers multiple usage options: a single-family home with an in-law suite, a duplex for rental income, or a combination of both. Currently generating approximately $5,800 in monthly rental income ($69,600 annually) through Airbnb, this stabilized income property features recent updates, including a new roof (2018), two new AC units (2018 & 2019), and a new water heater (2018, warranty until November 6, 2024). The property sits on a 0.17-acre lot in a non-flood zone (X zone), offering ample parking. Conveniently located just two miles from Madeira Beach, it enjoys proximity to shopping, dining, and is a 30-minute drive from Tampa International Airport. The property includes two kitchens, two bathrooms, a fireplace, and a two-car garage with additional storage. The upper unit features a family room, dining room, and kitchen with an eat-in bar, while the lower unit includes a living room, bedroom, and a bonus room suitable for sleeping or storage. The Pinellas County property (APN: 33-30-15-79632-003-0190) is zoned R-3, offering flexibility for various uses. The asking price is $600,000, representing $300,000 per unit and $238.10 per square foot. This is a turnkey investment with strong potential for continued growth.

Location Insight

City

Seminole

County

Pinellas

State

Florida

Latitude

27.8223

Longitude

-82.7954

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