14204 E Parsley Drive, Madeira Beach, FL 33708
Local realty services provided by:CENTURY 21 Real Estate Champions
14204 E Parsley Drive,Madeira Beach, FL 33708
$455,000
- 0.16 Acres
- Lots / Land
- Active
Listed by: troy walseth
Office: keller williams gulf beaches
MLS#:TB8430496
Source:MFRMLS
Price summary
- Price:$455,000
About this home
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.
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Home facts
- Listing ID #:TB8430496
- Added:126 day(s) ago
- Updated:January 29, 2026 at 01:31 PM
Structure and exterior
- Lot area:0.16 Acres
Schools
- High school:Seminole High-PN
- Middle school:Seminole Middle-PN
- Elementary school:Orange Grove Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$455,000
- Tax amount:$3,807 (2024)
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