111 W Boardwalk Place Madeira Beach, FL

Steve Busse
RE/MAX All Star
(727) 391-9599

$3,700,000

BRAND NEW WATERVIEW RETAIL BUILDING 100% OCCUPIED WITH 4 TRIPLE NET TENANTS THAT PAY ALL BILLS , YOUR ONLY BILL IS YOUR MORTGAGE, LOCATED ACROSS FROM THE BOARDWALK IN JOHNS PASS VILLAGE , 4 STORES, 2 STREET LEVEL AND 2 SECOND LEVEL , EACH STORE IS ITS OWN CONDO , PAYS ITS OWN REAL ESTATE TAXES AND ITS OWN COMMON AREA CHARGES , INCOME IS $250,000 PER YEAR WITH INCENTIVES FROM SPORTS BAR AND RESTAURANT ON SECOND FLOOR THAT WILL PRODUCE MORE , FOOD MART AND LORI'S BATH AND SPONGE SHOP ARE TWO STRONG TENANTS ON STREET LEVEL, BUILDING HAS ELEVATOR , COVERED PARKING, BALCONIES, STATE OF THE ART BUILDING , TOP OF THE LINE , 2.1 MILLION DOLLAR MORTGAGE ASSUMEABLE AT 7 1/8 OVER 25 YEARS, UNITS CAN ALSO BE BOUGHT AND SOLD INDIVIDUALLY. Aerial picture is prior to new construction.

Property	Commercial
Community	Madeira Beach
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