LOT SIZE 0.160 acres
MLS#TB8430496
STATUS(Short Sale) - Pending
PROPERTY TYPELand - Multiple
SUBDIVISIONGULF SHORES 6TH
Property Description
Under contract-accepting backup offers. Short Sale. Madeira Beach Multifamily Investment Lot - 14204 E Parsley DriveAn 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.
Property Features
Property Type: Land - Multiple
Lot Size: 0.16 Acres
Taxes: $3,806
Feature Descriptions
Days on Site: 210
Directions: FROM Gulf Blvd go EAST on 140th to 4 way stop, go NORTH on East Parsley Dr to address
Flood Zone Code: AE
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, In County, Near Marina, Paved
Lot Dimensions: 0.16
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: Short Sale
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Water View: Bay/Harbor - Partial
Local Schools
High School: Seminole High-PN
Middle School: Seminole Middle-PN
Elementary School: Orange Grove Elementary-PN
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS GULF BEACHES
Agency Contact: 727-367-3756
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,462.51 per month $1,012.63 Principal & Interest $317.17 Property Tax $132.71 Homeowner's InsuranceChange Payment Information
14204 E Parsley Drive | MLS# TB8430496
This land located at 14204 E Parsley Drive, Madeira Beach, FL 33708 is currently listed for sale with an asking price of $455,000. The property has approximately 0.16 Acres. Search Madeira Beach real estate on www.realtymark.net today.