- MLS#: TB8430496 ( Land )
- Street Address: 14204 Parsley Drive
- Viewed: 3
- Price: $455,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 13
- Additional Information
- Geolocation: 27.7998 / -82.7904
- County: PINELLAS
- City: Madeira Beach
- Zipcode: 33708
- Subdivision: Gulf Shores 6th Add Rep
- Elementary School: Orange Grove Elementary PN
- Middle School: Seminole Middle PN
- High School: Seminole High PN
- Provided by: KELLER WILLIAMS GULF BEACHES
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DescriptionShort Sale. Madeira Beach Multifamily Investment Lot 14204 E Parsley Drive An exceptional opportunity for builders and investors to capitalize on Madeira Beachs thriving coastal real estate market. The lot currently hosts a flood damaged duplex that, under FEMAs 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 Beachs award winning shoreline, Johns 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. Petes 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.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Apply Now- Covered Spaces: 0.00
- Living Area: 0.00
- Lot Features: CityLot, OutsideCityLimits
- High School: Seminole High-PN
- Middle School: Seminole Middle-PN
- School Elementary: Orange Grove Elementary-PN
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Water Source: Public
- Carport Spaces: 0.00
- Pets Allowed: Yes
- Sewer: PublicSewer
- Utilities: CableAvailable, ElectricityAvailable, HighSpeedInternetAvailable, SewerConnected, WaterConnected
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
- Country: US
- Current Use: MultiFamily
- Legal Description: GULF SHORES 6TH ADD REPLAT BLK X, LOT 3
- Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Parcel Number: 10-31-15-34470-024-0030
- Possession: CloseOfEscrow
- The Range: 0.00
- View: Bay, Water
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