13136 E 4th St., Madeira Beach, FL 33708

SHORT SALE WAS APPROVED AT $215,000, Buyer fell through-4 units, all 1 bed-1 bath. Each unit is a freestanding cottage no shared walls. Walk to beach. Long-term tenants in place. Easy to rent. Lots of upside potential in this property, 3 full lots.Lots of opportunity here-keep as easy to rent long term rentals, convert to condo and sell individually, tear down and build 3 single family homes or 4 townhomes. Located on a quiet street, the next block over has million dollar-plus homes. A few short blocks to the beach and just one block to the inracoastal waterway. Live in one, rent the others - rent all 4 or redevelop at a very low per-unit land cost. Recent appraisal (July 2007) at $550,000. Current tenants all long term. The sale of property iscontingent on lenders approval. Sellers authorized Title Company shall close the transaction. A $695 Buyer premium shall be paid at closing.