Gulf Shores 1st Add Real Estate

Gulf Shores 1st Add Real Estate

Welcome to Gulf Shores 1st Add, a hidden gem nestled in the heart of Florida's breathtaking coastline! This charming subdivision exemplifies the quintessential beach lifestyle, combining the tranquility of coastal living with the vibrancy of community spirit. Located just a stone's throw away from the pristine shores of the Gulf of Mexico, Gulf Shores 1st Add offers residents the perfect blend of relaxation and recreation.

As you stroll through the tree-lined streets of this inviting neighborhood, you'll be captivated by the warm, friendly atmosphere and beautifully designed homes that reflect the coastal charm of Florida. From cozy bungalows to spacious family residences, Gulf Shores 1st Add showcases a diverse range of architectural styles, ensuring there's something for everyone.

Outdoor enthusiasts will love the proximity to stunning beaches, where you can soak up the sun, enjoy water sports, or take leisurely walks along the shore. The nearby parks and recreational areas provide ample opportunities for hiking, biking, and picnicking, making it easy to embrace the active Florida lifestyle.

Gulf Shores 1st Add is also conveniently located near a variety of shopping, dining, and entertainment options. Whether you're in the mood for fresh seafood at a local eatery or a fun day out exploring boutique shops, everything you need is just around the corner.

With its idyllic setting, friendly community, and endless opportunities for adventure, Gulf Shores 1st Add is more than just a place to live—it's a lifestyle. Discover your dream home in this enchanting subdivision and experience the best of Florida living today!

Newest Listings in Gulf Shores 1st Add

$1,300,000
TB8516347 MLS
Located in the heart of Madeira Beach, FL, just one block from the Gulf beaches, 14135 Palm Street presents a rare opportunity to acquire a fully updated 5-unit income-producing property in one of the most desirable beach communities along Florida's Gulf Coast. This solid block construction 5-plex consists of five well-designed 1-bedroom, 1-bathroom units with ample on-site parking, offering strong appeal to both long-term and seasonal tenants. What truly sets this property apart is its extensive hurricane-resilient construction and post-storm preparedness improvements. The building successfully withstood the major storms of 2024, demonstrating the quality and durability of the upgrades completed. Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures designed to minimize future storm vulnerability and maintenance concerns. In addition, the property features a newer roof, and all restoration and improvement work has been fully permitted and completed, providing added confidence for investors and lenders alike. The property offers flexible rental opportunities including annual rentals, seasonal leasing, workforce housing, or furnished beach rentals, creating multiple paths for maximizing income potential. With an attractive CAP rate, investors can benefit from both strong current cash flow and long-term appreciation in a highly supply-constrained beach market. Tenants will enjoy exceptional walkability and convenience. The property is located near Gulf Boulevard with easy access to the Pinellas Suncoast Transit Authority trolley and bus routes connecting residents to surrounding beach communities, downtown St. Petersburg, and area attractions. Nearby shopping, dining, and entertainment options include the popular John's Pass Village & Boardwalk, local restaurants, waterfront bars, grocery stores, marinas, and recreational activities including boating, fishing, and beach access. The location also provides convenient access to Treasure Island, Redington Beach, and the greater Tampa Bay area. This is an outstanding opportunity to own a proven storm-resilient multifamily asset in a premier coastal location with strong rental demand, attractive projected returns, and lasting tenant appeal.

14135 Palm Street, Madeira Beach

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