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14204 E Parsley Drive, Madeira Beach, FL 33708

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For Sale

$455,000

0.16 acres

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

Explore this Property

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.
MLS# TB8430496

Courtesy Of Keller Williams Gulf Beaches

(727) 367-3756

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.16 Acres

Home seller CENTURY 21 Real Estate Champions

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Real Estate Champions

(727) 398-2774
Learn More About Us

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