5440 113TH STREET SEMINOLE FL 33772 MLS #U8253769 | Gary Kusher | Florida Real Estate

5440 113TH STREET
SEMINOLE, FL, 33772
$600,000
3 Beds
3 Baths
2,520 SqFt
0.17 Acres
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Open House Aug 22, 2024
04:00 – 06:00
Open House Aug 25, 2024
12:00 – 02:00
Open House Aug 24, 2024
12:00 – 02:00
Are you looking for a single family home with an In-Law suite or an Incredible Income Producing Property in Unincorporated Seminole with NO Rental Restrictions? If so this is the house for you! Option 1: Live in the entire house with plenty of room for a large family. Option 2: Live upstairs and let the in-laws have their own private space downstairs. Option 3: Rent the downstairs apartment while you live upstairs. Option 4: Rent out the 2 units separately. The options are yours. The current owner has the house divided into 2 living spaces that he has very successfully rented out through Air BnB. The monthly rental income is about $5800 a month or $69,600 a year for the 2 units combined. Less the fixed expenses the property still generates roughly $57,600 yearly. Just 2 miles to the beautiful beaches of Madeira Beach, centrally located to shopping, restaurants, and a short 30 minute drive to Tampa International Airport. The home is equipped with 2 kitchens, one upstairs and one for the downstairs unit. So the property includes 2 refrigerators, 2 microwaves, 2 electric ovens, 2 garbage disposals, 1 dishwasher, 1 washer and dryer. Upon entering the house you will be greeted in the living room with a fireplace to enjoy on our chilly December nights and delighted with the open feeling as the ceiling extends to the second level. The upper level has a sunny family room, dining room and kitchen with an eat in bar. Across the house are the primary bedroom and guest bedroom with a private ensuite bath and a full hall bath. The lower level of the house has a full kitchen with a breakfast bar, living room, a full bathroom, nice sized bedroom and a bonus room with a huge storage space. This bonus room is used as another sleeping room and it is completely private. The garage is a large 2 car garage with laundry area and a 10×6′ storage room. There are 2 compressors, one 3.5 ton unit replaced in 2019 and a 1.5 ton unit replaced in 2018. The water heater was new in 2018 and has a warranty until Nov. 6, 2024. The shingle roof was new in 2018. This house is being sold as a Turnkey property. So whether you are looking for a home for your family, need an apartment for your in-laws or to rent out, or you are looking for an income producing property this is the house for you!

Property Details

Price:
$600,000
MLS #:
U8253769
Status:
Active
Beds:
3
Baths:
3
Address:
5440 113TH STREET
Type:
Multi Family
Subtype:
Duplex
Subdivision:
SEMINOLE ESTATES SEC A
City:
SEMINOLE
Listed Date:
Aug 16, 2024
State:
FL
Finished Sq Ft:
2,520
ZIP:
33772
Lot Size:
7,536 sqft / 0.17 acres (approx)
Year Built:
1972
Units:
2
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Elementary School:
Seminole Elementary-PN
Middle School:
Seminole Middle-PN
High School:
Seminole High-PN

Interior

Appliances
Dishwasher, Microwave, Range, Refrigerator
Cooling
Central Air, Zoned
Flooring
Carpet, Porcelain Tile
Heating
Central
Laundry Features
In Garage

Exterior

Construction Materials
Block, Concrete, Stucco
Exterior Features
Sliding Doors
Parking Features
Driveway, Garage Door Opener
Roof
Shingle

Financial

Tax Year
2023
Taxes
$7,501

Map

Community

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5440 113TH STREET
SEMINOLE, FL