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14715 Gulf Boulevard, MADEIRA BEACH, FL 33708
Priced at Only: $1,700,000
For more Information Call Mobile: 352.279.4408
Address: 14715 Gulf Boulevard, MADEIRA BEACH, FL 33708
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  • MLS#: TB8456440 ( Residential Income )
  • Street Address: 14715 Gulf Boulevard
  • Viewed: 3
  • Price: $1,700,000
  • Price sqft: $4,928
  • Waterfront: No
  • Year Built: 1934
  • Bldg sqft: 345
  • Bedrooms: 8
  • Total Baths: 8
  • Days On Market: 11
  • Additional Information
  • Geolocation: 27.7994 / -82.7988
  • County: PINELLAS
  • City: MADEIRA BEACH
  • Zipcode: 33708
  • Subdivision: Palm Of Madeira Resort Condo
  • Provided by: WATERFRONT REALTY TAMPABAY
  • Contact: Tim Johnson
  • 727-320-9283
  • mfrmls
  • DMCA Notice
  • Description
    RARE INVESTMENT OPPORTUNITY BANK OWNED 8 UNITS within a 10 unit complex located in the heart of Madeira Beach, one of Pinellas Countys most desirable and tourism driven coastal markets. The property experienced flooding during recent storms, and the lower units will require restoration, creating a compelling value add opportunity for investors seeking strong upside in a proven short term rental location. The bank owns 8 units, while the remaining 2 units are owned individually and may be purchased separately, offering a potential path to full ownership of the complex. The property is zoned R 3, and nightly rentals are allowed, making it ideal for vacation rentals, Airbnb, or short term leasing strategies. Prior to the storms, this complex was generating solid rental income, supported by its exceptional location near Johns Pass Village & Boardwalkone of Floridas most visited waterfront attractions. Johns Pass draws millions of visitors annually and offers boating, fishing charters, dolphin tours, waterfront dining, shopping, entertainment, and direct access to the Gulf beaches. Madeira Beach is well known for its strong tourism demand, limited supply of nightly rental properties, and year round visitor traffic, making renovated short term rentals highly desirable. Ongoing redevelopment and investment throughout the beach communities further enhance long term potential. This opportunity is well suited for investors looking to restore, modernize, and reposition a multi unit property in a high demand coastal market with the ability to generate short term rental income. Seller is motivated and ready to sell the 8 units now. Call for additional information, details on acquisition options, seller financing may be available and historical performance.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Mini-Split Unit(s)
  3. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Ninguno
Legal Description
  1. PALM OF MADEIRA RESORT CONDO PHASE 1
  2. UNITS 2
  3. 4
  4. 5
  5. 6
  6. 7
  7. 8
  8. 9
  9. 10
Living Area
  1. 345.00
Lot Features
  1. City Limits
Area Major
  1. 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 09-31-15-65715-001-0020
  2. 004
  3. 006
Parking Features
  1. Common
Pets Allowed
  1. Yes
Possession
  1. Close Of Escrow
  2. Negotiable
Property Condition
  1. Fixer
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 31
Utilities
  1. Electricity Connected
  2. Public
  3. Sewer Connected
  4. Water Connected
Water Source
  1. Public
Year Built
  1. 1934
Zoning Code
  1. R3
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