14204 E PARSLEY DR new Save Request In-Person Tour Request Virtual Tour
Madeira Beach,FL 33708
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Gulf Shores 6Th Add Rep
MLS Listing ID TB8430496
Annual Tax Amount $3,806
Lot Size 6,969 Sqft
Property Sub-Type Multi-Family
Property Description
Short Sale. Madeira Beach Multifamily Investment Lot – 14204 E Parsley Drive
An exceptional opportunity for builders and investors to capitalize on Madeira Beach's thriving coastal real estate market. The lot currently hosts a flood-damaged duplex that, under FEMA's 50% Rule, must be demolished, making this a prime site for new construction multifamily development. With options to build luxury duplex or triplex residences, the property offers multiple exit strategies: hold as long-term rentals, operate as income-producing seasonal units, or design vacation rentals for short-term stays (minimums apply).
Located directly across from an undeveloped parking lot, the site enjoys clear, protected Intracoastal Waterway views that will set any new build apart in this competitive market. Just blocks from Madeira Beach's award-winning shoreline, John's Pass Village & Boardwalk, ROC Park, waterfront dining, and boating amenities, this address guarantees consistent rental demand and lifestyle appeal.
Future residents or guests will enjoy quick access to Treasure Island, Indian Rocks, Seminole shopping corridors, and downtown St. Pete's cultural attractions, with two international airports less than 40 minutes away. Investors benefit from strong appreciation, short supply of buildable lots, and the ability to deliver a turnkey income property in a highly sought-after Gulf Coast location.
Location
State FL
County Pinellas
Community Gulf Shores 6Th Add Rep
Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Exterior
Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Sewer Connected,Water Connected
View Y/N Yes
Building
Lot Description City Limits,In County,Near Marina,Paved
Sewer Public Sewer
Water Public
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Short Sale