Triplex Opportunity in Prime Madeira Beach Location! This property was previously remodeled but was recently affected by Hurricane Helene, and unfortunately, everything has been lost. The sellers are offering it as-is at an incredible price, making it a rare opportunity for buyers to either rebuild or completely customize. Property Details: • Layout: 1,516 SF with three 1-bedroom, 1-bath units. • Garage & Laundry: Includes a 1-car garage and coin-operated laundry. Prime Location: • Just a 10-12 minute walk to Madeira Beach. • Close to John’s Pass Village, Elks Lodge, Town Center Marina, restaurants, bars, and Madeira Beach ROC. The property had undergone extensive modern updates in 2024, including new windows, ceramic tile flooring, stylish kitchens with granite countertops, stainless appliances, remodeled bathrooms, new doors, light fixtures, and AC units—all just a year old. Freshly painted inside and out, these features may still be salvageable, giving new owners the option to incorporate them into their restoration plans. Whether you choose to restore or start fresh, this property offers a fantastic location near the beach and endless potential. Contact us today for more details!
Beautiful well-maintained TRIPLEX on a large lot in an excellent location in Madeira Beach very close to the intercoastal & just a short walk to the beach!! This TRIPEX is 1516 SF consists of three 1/1’s & a 1 car garage!! All 3 units have newer windows & ceramic tile throughout! One of the corner 1/1’s has been totally remodeled & features an open kitchen, contemporary cabinets, updated bath with new vanity & contemporary tile in shower. There is a garage that is shared with the neighboring property (each property has a 1 car garage of the 2-car garage building and is separated inside by a block wall). There is a coin operated laundry accessed by key-less entry that has a separate entrance in the garage. This property qualifies for Conventional Financing with 25% down, is zoned for a 6 month min. Beautiful Madeira Beach has powder sugar sand & is lined by sea grass & dunes. There are several beach accesses that are just a 10-12 minute walk away & also many restaurants, coffee shops & bars all within walking distance!! The Waterfront Holiday Isles Elks Lodge is just 2 doors down and has restaurant, pool, tiki bar and boat slips available for rent both short & long term!!. Madeira Beach has lots to offer & all are just a few minutes away- John’s Pass Village’s Boardwalk, Restaurants, Shops & Marina (John’s Pass Village has many fun festivals throughout the year); The Madeira Beach ROC has softball, tennis, volleyball, basketball courts, exercise classes & much more!! The Madeira Beach Town Center & Marina also minutes away are in the middle of a complete renovation! This is an excellent investment opportunity!! CHECK OUT THE VIRTUAL TOUR!!!
Stellar MLS as Distributed by MLS Grid #U7527309
Mar 8, 2012
Sold
$182,000
$120/sq ft
Oct 10, 2011
Listed
$199,750
$132/sq ft
Active with contract! Amazing value adorable beach triplex in Madeira Beach! Paradise found! Meticulously maintained property, FULLY RENTED! Excellent tenants! Newer roof, electric, plumbing, termite warranty, newer windows! Great turnkey investment! Wow!This property is sure to get snatched up right away! Don't delay see this one today!
Stellar MLS as Distributed by MLS Grid #U7452016
Feb 25, 2010
Listed
*
Stellar MLS as Distributed by MLS Grid #U7232165
May 31, 2007
Listing Removed
—
Oct 17, 2006
Listed
*
Public Records
Aug 31, 1998
Sold
$83,000
$55/sq ft
Public Records
Feb 1, 1985
Sold
$65,000
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,487 (−24.0%)
$346,341 + $53,659
$400,000
2024
$8,537 (+10.0%)
2023
$7,759 (+19.3%)
2022
$6,502 (+11.8%)
2021
$5,818 (+8.6%)
$288,108 + $51,792
$339,900
2020
$5,358 (+11.2%)
2019
$4,820 (+12.7%)
2018
$4,277 (+8.3%)
2017
$3,949 (+9.3%)
$170,145 + $59,680
$229,825
2016
$3,614 (+22.1%)
2015
$2,960 (+16.4%)
2014
$2,542 (+4.2%)
2013
$2,441 (+15.0%)
2012
$2,121
Tax history for 24 Lynn Way
Year
Property tax
Land + Additions
Assessment*
2025
$6,487 (−24.0%)
$346,341 + $53,659
$400,000
2024
$8,537 (+10.0%)
2023
$7,759 (+19.3%)
2022
$6,502 (+11.8%)
2021
$5,818 (+8.6%)
$288,108 + $51,792
$339,900
2020
$5,358 (+11.2%)
2019
$4,820 (+12.7%)
2018
$4,277 (+8.3%)
2017
$3,949 (+9.3%)
$170,145 + $59,680
$229,825
2016
$3,614 (+22.1%)
2015
$2,960 (+16.4%)
2014
$2,542 (+4.2%)
2013
$2,441 (+15.0%)
2012
$2,121
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
3
Stories
1
Lot width
71 ft.
Lot depth
108 ft.
Lot size
7,693 Sq. Ft.
Year renovated
1997
Sq. Ft.
1,516
Year built
1948
Style
Multi-Family (2-4 Unit)
County
Pinellas County
APN
153110344700240050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
R-1
Single-Family Residential District
The R-1, single-family residential district provides for single-family residential development located where lower density single-family uses are desirable. The R-1, single-family residential district correlates with the residential urban (RU) category of the Countywide Plan. The lots and dwellings are larger sized to provide for the desired density of use. Essential services and public facilities compatible with this residential district are also provided. Any use which is not specifically identified as a permitted use accessory use or special exception use is a prohibited use. Prohibited uses shall include but are not limited to short term rentals of a housing unit. As used in this division the term short term rental shall mean any rental of a dwelling unit, or portion thereof for less than a 6 month period.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational/school
Apr 6, 2026 • Final
Residential
Repair drywall and gypsum board damaged by a hurricane.
Remodel
Oct 9, 2020 • Final
Building combo
Reroof a residential building with shingles.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Off Street
Garage Spaces: 1
Has Garage
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 3
Laundry Room Information
Laundry Features: In Garage, Laundry Room, Outside
Heating & Cooling
Heating Information: Electric, Ductless
Cooling Information: Wall/Window Unit(s)
Interior Features
Interior Features: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-in Closet(s), Window Treatments