Gulf Shores 1st Add Homes with False Waterfront Description

Gulf Shores 1st Add Homes with False Waterfront Description

Welcome to Gulf Shores 1st Addition, a charming subdivision nestled in the heart of Madeira Beach, Florida, where coastal living meets vibrant community life. This delightful area is situated in Pinellas County, renowned for its stunning beaches, lush parks, and an array of recreational activities. Gulf Shores 1st Addition boasts a unique blend of residential charm and proximity to the pristine shores of the Gulf of Mexico, making it an ideal location for families, retirees, and beach enthusiasts alike.

The homes in Gulf Shores 1st Addition are characterized by a variety of architectural styles, offering something for everyone. Many properties feature beautiful landscaping, spacious yards, and inviting outdoor spaces perfect for soaking up the Florida sun. While some homes may have a false waterfront description, they are still just a short stroll away from the sandy beaches and breathtaking sunsets that Madeira Beach is famous for. This makes the subdivision a fantastic option for those who desire a beach lifestyle without the premium price tag of direct waterfront properties.

Living in Gulf Shores 1st Addition means embracing a laid-back lifestyle with easy access to a vibrant community filled with shops, restaurants, and local attractions. Enjoy leisurely walks along the beach, explore nearby parks, or indulge in delicious seafood at one of the many local eateries. With its friendly atmosphere and convenient location, Gulf Shores 1st Addition is more than just a place to live; it's a community where memories are made and cherished. Discover your dream home in this beautiful subdivision and experience the best of Madeira Beach living!

Newest Gulf Shores 1st Add Homes with False Waterfront Description

$1,300,000
5 Beds 5 Baths TB8536467 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

$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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