RARE INVESTMENT OPPORTUNITY – BANK OWNED 8-UNITS within a 10-unit complex located in the heart of Madeira Beach, one of Pinellas County’s most desirable and tourism-driven coastal markets. The property experienced flooding during recent storms, and the lower units will require restoration, creating a compelling value-add opportunity for investors seeking strong upside in a proven short-term rental location. The bank owns 8 units, while the remaining 2 units are owned individually and may be purchased separately, offering a potential path to full ownership of the complex. The property is zoned R-3, and nightly rentals are allowed, making it ideal for vacation rentals, Airbnb, or short-term leasing strategies. Prior to the storms, this complex was generating solid rental income, supported by its exceptional location near John’s Pass Village & Boardwalk—one of Florida’s most visited waterfront attractions. John’s Pass draws millions of visitors annually and offers boating, fishing charters, dolphin tours, waterfront dining, shopping, entertainment, and direct access to the Gulf beaches. Madeira Beach is well known for its strong tourism demand, limited supply of nightly rental properties, and year-round visitor traffic, making renovated short-term rentals highly desirable. Ongoing redevelopment and investment throughout the beach communities further enhance long-term potential. This opportunity is well suited for investors looking to restore, modernize, and reposition a multi-unit property in a high-demand coastal market with the ability to generate short-term rental income. Seller is motivated and ready to sell the 8 units now. Call for additional information, details on acquisition options, seller financing may be available and historical performance.
Fantastic opportunity to purchase a concrete-block duplex just one block from the beach in Madeira Beach! This property is primed for a smooth renovation and strong rental performance, offering exceptional upside for both investors and owner-occupants. A private appraisal has already been completed, FEMA has confirmed the home was not substantially damaged, and transferable flood insurance provides added peace of mind. Even better—a full renovation crew is on standby, and they have already completed the permit application, ready for the buyer to submit and begin work immediately. The duplex features a spacious 2-bedroom, 1-bath unit with potential rents over $2,400 and a charming 1-bedroom, 1-bath unit with rental potential over $2,000. Plenty of parking makes it ideal for long-term or short-term rental use (3 months min). Just minutes from the beach, shopping, and restaurants, this location is a powerhouse for steady demand. Don’t miss this rare chance to secure a turnkey-ready renovation project in one of the most desirable coastal markets in Pinellas County. Click on the tour link to view the virtual tour. Drone tour in the second virtual tour link.
Great Investment Opportunity for the right buyer! This duplex property sits on 104x70 foot lot across the street from Boca Ceiga Bay and just blocks from the Gulf of Mexico making it the ideal tear-down and rebuild for luxury duplex. While the structure was originally built in 1949 and offered two spacious 1 bed / 1 bath units with nice fenced in yard space, it has been damaged by recent hurricanes. The property is now best positioned as a redevelopment or major renovation opportunity in a highly desirable coastal market of Madeira Beach. Zoned Multi-Family on a lot-and-a-half, offering more space to create your own Florida Paradise!
Welcome to an exceptional investment opportunity in one of Madeira Beach’s most desirable locations. This beautifully renovated and fully occupied duplex sits just a few blocks from John’s Pass Village, only 3 blocks to the beach, and 2 blocks to the Intracoastal—an unbeatable trifecta for value, convenience, and coastal living. Both units have been thoughtfully updated with impact windows, doors, and sliders for peace of mind and long-term durability. The kitchens feature brand-new stainless steel appliances, stunning quartz countertops, and 42" solid wood cabinetry. The bathrooms continue the high-end feel with a solid wood dual vanity topped with quartz and a subway-tiled tub surround accented with designer detail. Inside, the bright and airy layout includes a formal dining/flex space drenched in natural light. The living room boasts vaulted ceilings that elevate the space and create an open, coastal feel. Both bedrooms are significantly larger than typical Madeira Beach bedrooms and include oversized closets; the second bedroom also offers vaulted ceilings for an added sense of spaciousness. Throughout the home, luxury vinyl plank flooring enhances the beach-ready, low-maintenance aesthetic. Renovations were completed with FEMA flood-resistant materials such as DensGlass (a superior alternative to drywall) and closed-cell insulation—both providing enhanced durability and mold resistance. DensGlass carries the highest ASTM D3273 mold-resistance rating of 10. The photos represent one side of the duplex, and the other side mirrors the same quality and design. Live in one unit and rent out the other, or continue operating as a fully leased investment property in a high-demand beach community. 24-hour notice is required for showings to ensure courtesy for current tenants.
This Madeira Beach duplex offers a strong value-add opportunity in a high-demand coastal rental market with excellent pro-forma income potential. Each unit is a 1-bedroom, 1-bath layout, and based on recent area comparables, fully renovated units in this neighborhood can command approximately $1,800 a month per side. This positions the property for a projected gross annual income of roughly $43,000 after renovation. The structure is block-on-slab with a duplex configuration plus a detached garage that includes an additional bathroom, offering potential for added storage, workspace, or possible future income uses subject to zoning and permitting. The roofs are approximately nine years old and in good condition. The property experienced flooding during Hurricane Helene and has not been rebuilt since. This setup allows a new owner to complete improvements to their preferred standard and maximize rental income. Property is being sold as-is.
"PRICE REDUCTION" ON PRIME WATERFRONT LOCATION, DIRECTLY ON JOHNS PASS!!! - 5 MIN ACCESS TO THE GULF OF MEXICO BY BOAT!!! IT DOESN'T GET ANY BETTER THAN THIS...An opportunity like this does not come along very often! IT'S THE MOST DESIRABLE LOCATION IN MADEIRA BEACH! IT'S DIRECTLY ON JOHNS PASS, HAS BEAUTIFUL & EXPANSIVE WATERVIEWS & IT'S ONLY 2 BLOCKS TO THE BEACH! The existing concrete block duplex structure (2BR/1BA ON EACH SIDE) was damaged by the 2024 hurricanes, but was NOT "substantially" damaged, so it gives you "4" OPTIONS... 1. You can remodel the existing structure to your liking; #2. You can elevate it, and remodel the existing structure; #3. You can demolish the existing structure and build a brand new home or multiplex structure; #4. The existing duplex has a double door that adjoins both units, and can be used as a mother-in-law suite; an extra apt for family & friends, or a rental unit for cash flow! Both units have a huge picture window with great water views, and there's a spacious 8' x 40' covered lanai across the rear of the structure with beautiful open water views. The rear waterfront yard is spacious enough for a pool, and/or a nice sized patio area for cookouts & entertaining. The property also has an attached concrete block double carport for 2 cars, equipped with a half bathroom; and the large front driveway accommodates parking for "6" additional vehicles; And... A 50' dock and two boatlifts are permitted to be added to the property if you'd like... The immediate area offers many great restaurants, shops, live music and several attractions...Watersport activities, fishing charters, sunset & sightseeing cruises and even a pirate adventure cruise...Something for everyone, and they're all just a few steps away! There are 2 major airports nearby, several top-notch hospitals, great colleges & universities, Only a 45 min drive to Tampa & its many attractions and a 2.5 hr drive to Orlando & all of its theme parks. Call today to schedule an appointment to see this property...If you've always wanted to live on the beach, or make a wise investment on income-producing beach property, THIS IS THE PLACE TO SEE & SERIOUSLY CONSIDER BUYING...The location and water views are ONE IN A MILLION! Feel free to call the owner for additional details... This listing is listed in 3 categories... Residential, Residential-Income, and Vacant Land, and all 38 photos are illustrated in each listing for review. If additional photos are desired, they can be furnished upon request.
Totally renovated and ready for occupancy! This classic beach duplex is available immediately and represents a solid investment opportunity. The interior, exterior and landscaping have been completely renovated by licensed contractors. This property makes for a good investment as it's location is excellent and there is currently a shortage of available rental units on the beaches. Solid block construction that has stood the test of time. Newer roof, newer windows and completely renovated interiors offer a great environment for your tenants or for you to occupy as an owner, while using the 2nd unit to offset your costs and bring down the cost of living the beach life. Each unit is 2 bedrooms and 1 bath, with an open kitchen/living room combo. Low maintenance landscaping and an exterior refresh offer great curb appeal and an inviting environment. Each unit has a private laundry area, which is a huge bonus for tenants. Just a few blocks to the beach and one block to the intracoastal waterway make the location extra special. Make an appointment today to see this newly restored beach gem.
Charming duplex that features a completely finished 1 bed /1 bath apartment on one side and a partially finished 1 bed/1 bath unit on the other side. Each featuring 504 square feet of living space and provides efficient and thoughtfully designed comfort for anyone looking to enjoy the Florida lifestyle just minutes from the Gulf Coast. Step onto the covered front porch, where you can enjoy your morning coffee or unwind in the evenings with a refreshing coastal breeze. Inside the 1st unit features durable laminate flooring throughout, creating a clean and modern look that’s both stylish and low maintenance. The living area flows seamlessly into the functional kitchen, which offers ample cabinetry and countertop space for cooking and everyday living. The spacious bedroom includes a generous closet, while the full bathroom is equipped with a combination tub/shower and updated finishes. Outside, you'll find a large backyard—perfect for relaxing outdoors, gardening, or enjoying weekend BBQs. A parking pad is included for off-street convenience, making everyday living stress-free. This property is ideally located less than 5 minutes from Florida’s award-winning beaches, and just moments to Gulf Boulevard and I-275, providing easy access to St. Petersburg, Clearwater and Tampa Bay. Enjoy being close to an array of coastal restaurants, boutique shops, waterfront parks, and vibrant local events, all while residing in a quiet and residential neighborhood. Whether you're a beach lover, working professional, or snowbird seeking a sunny seasonal stay, this charming investor style home offers unbeatable value in one of Florida’s most desirable locations.
Rare 4 Bedroom and 2 Bedroom Duplex just 3 blocks from the beach! Live in one and rent out the other! The lower unit is a 4 bedroom, 2 bath home that has been completely renovated with a beachy, contemporary flair. Much thought and care was put into how to make the home flood resistant if we ever did have another 100 year storm. During the renovation, materials such as FEMA approved flood resistant materials such as DensGlass which is a replacement for drywall and closed cell insulation instead of traditional fiberglass insulation. These materials are considered MOLD RESISTANT with DensGlass having a rating of 10 under the ASTM D3273 test method. These are the types of materials usually used in businesses due to their resiliency which can minimize any damage if there was another 100 year storm. The same goes for the brand new wood look tile that runs through the entire house. The home features a brand new kitchen with new solid wood cabinets, new quartz countertops, new fixtures, new SS appliances, new impact windows and doors, new ceiling fans, new paint, new bathtub and tile work, new shower tile work, new vanities, a new dedicated mini-split for the primary bedroom and en-suite and central air for the rest of the home, the list goes on and on. The upper unit has an entrance in the back which provides additional privacy and it is a 2/1 that was fully renovated about 3 years ago with wood look tile, new solid wood kitchen cabinets, new quartz countertops, new SS appliances, impact windows and doors, new central HVAC, a new tub, new bathroom tile work and a double bowl vanity to make it very inviting for renters or as a personal residence. The backyard also has a 6 foot privacy fence. Finding a duplex this large in Madeira Beach is almost impossible, especially with a 4 bedroom unit! So schedule your showing today before it gets away!
Waterfront, 5 bedrooms & 3 Bathrooms Beautiful Waterfront Duplex in Prime Madeira Beach Location. This stunning, Block concrete duplex sits on the intercoastal waters of Madeira Beach, complete with its own boat slip. This property features a brand-new roof and has been updated to code, including all permitted work, such as electrical, plumbing, and upgrades. It also includes new kitchens with appliances and updated bathrooms. The duplex offers a three-bedroom, two-bathroom unit on the first floor and a two-bedroom, one-bathroom unit on the second floor, complete with a balcony and gorgeous water views. It’s just a three-minute boat ride to John’s Pass, then you are in the middle of the Gulf of America and walking distance to the most beautiful beaches in the USA, 20 minutes to downtown St. Pete, and only 15-20 minutes away. The property can serve as an income property or a single-family home (five bedrooms, three bathrooms total). The buyer must honor the existing management company’s lease, which has a potential income of around $6,000.
Investment Opportunity in Madeira Beach! Cash or Hard Money buyers only, here’s your chance to secure a rare property in the highly desirable of Madeira Beach. This Triplex had experienced flood damage from Helene and is being sold AS-IS. Opportunity to rebuild offering endless potential for the right investor, builder, or visionary buyer. Been a solid rental before Helene, excellent income. Located just minutes from the Gulf of Mexico, sandy beaches, dining, and entertainment, this property offers an unbeatable location for a coastal lifestyle. Whether you choose to renovate, rebuild, or create your dream retreat, the value is in the land and the incredible opportunity to own in one of Florida’s most sought-after beach towns. Prime Madeira Beach address with easy access to John’s Pass, shopping, and restaurants. Fishing, and beach days right at your doorstep. Ideal for investors or developers ready to bring their vision to life. Surrounded by high-value homes, ensuring strong future potential. Don’t miss this chance to turn 14111 W Parsley Drive into a stunning coastal property.
UP & COMING MADEIRA BEACH!!! Buy now while town rebuilding - will be PRIME destination! SELLING BLDG AS -IS from Hurricanes - up to new buyers to remodel, raise up, or build new! (check with City of Madeira Beach for details) GREAT INVESTMENT! WAS CONTINUALLY RENTED SINCE 2011. Just 5 blocks to beach! "Villas by the Sea" was beachside community of three Villas. A truly unique property, the tenants loved the extra privacy - Each villa has its own private entrance, parking spaces, outdoor patio area separated by building's layout and tropical palms borders. Projected rent = Villa #1 - 1BR+den/1BA $1950/month, Villa #2 -2BR/1BA $2200/month includes 1 car garage, Villa #3 - 1BR/1BA $1750/month. Laundry room with COIN OPERATED WASHER & DRYER brought in extra income as well! BLDG has been vacant since hurricanes. HISTORY of triplex was a VERY successful rental for over 15 years - tenants loved it, private patios, pet friendly, parking right by each villa! APPROVED BUILD 3 UNITS in writing from City of Madeira Beach! GREAT OPPORTUNITY - CORNER LARGE LOT - ALMOST 1/3 of an ACRE - Some water views at various elevations! see photos due to repeat flooding of building, being sold As-Is for land value only. BLDG is concrete block and newer roof - had flooding only. ZONING 6 month minimum rental. NOTE - property line runs thru about center of 2 car garage - see survey. Community "Elks Club" across street, enjoy waterfront pool, clubhouse, dinner/drink specials, boat dock rentals for a small annual fee. Enjoy charming Madeira Beach! Great beach community features waterfront parks, tennis / pickleball courts, leash free dog park, baseball fields, basketball courts, kids water splash play area, Marina, outdoor concert area on waterfront, fishing piers plus many public beach & intracoastal park accesses. "Mad Beach" has so much to offer with that small beach town feel.
Discover a rare investment opportunity with this waterfront, 5-unit licensed hotel, just steps from the iconic John's Pass Village & Boardwalk and directly across the street from the sugar-white sands of Madeira Beach. Recently refreshed with new furniture in 2025, this turn-key property offers immediate income potential and year-round appeal for both vacationers and long-term guests. Privately nestled in a lush, tropical setting, the property includes four 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit—a rare find in this area. Each unit features an individual electric meter, fully furnished, and equipped with full kitchens for a home-away-from-home experience. Guests will appreciate designated parking spaces - seven in total for assigned and guest parking- a serene paver patios, and a private dock with electricity and water—perfect for boaters or simply enjoying sunsets on the Intracoastal Waterway. The property is outfitted with electronic door locks, making day-to-day operations seamless and ideal for remote management or self-check-in. The three-bedroom unit adds unique flexibility—perfect for an owner-operator, seasonal resident manager, or Airbnb host running the property remotely. A separate utility room houses a washer and dryer for guest use or if self managed to wash during turn over. Location is everything, and this property places guests within walking distance to John's Pass Village, a vibrant hub for shopping, waterfront dining, bars, live music, fishing charters, jet ski rentals, dolphin cruises, and more. With over 100 merchants, John's Pass is one of the most visited attractions on Florida’s Gulf Coast, drawing more than 2 million visitors annually. Whether your guests are beach lovers, foodies, or adventure seekers, this one-of-a-kind property is ideally situated for them to enjoy the very best of Florida's Gulf Coast. Don’t miss this rare chance to own a fully licensed, turn-key hospitality business in one of Tampa Bay’s most desirable waterfront destinations.
STORM DAMAGE ,HALF BLOCK FROM BEACH , GREAT INVESTMENT . ONE BEDROOM UNITS ARE RENTING FROM $150-$200 A NIGHT ON THIS BLOCK.
Short Sale. Prime location just steps from the sand—this 4 bed, 2 bath duplex sits in the heart of Madeira Beach, surrounded by thriving short-term rentals. Demo’d post-Hurricane Milton, it's a blank canvas ready for your vision. Each unit offers 2 bedrooms, 1 bath, plus covered parking and private storage—a rare find this close to the beach. New roof in 2024. County water/sewer in place. No HOA. No flood elevation requirement per FEMA—huge savings for your renovation budget. Zoned R-2 with a 3-month minimum lease, this property gives you flexibility to rent both units, live in one and rent the other, or renovate and resell. Cash or hard money only—bring your contractor and your checkbook.
waterfront on the wide open canal, located in Madeira Beach, connected with the intercostal and the great Gulf Of Mexico, owns a Triplux fully rented block concrete updated and remodeled, new floor, fresh paint, new rewiring with new electrical panels, has located in the most beautiful desirable area, minutes to John pass by your boat or driving, own a property in that location makes feel all the year, you are on vacation, John Pass is one of the centers of the heart of the vacation in Pinallea county, close. To all kinds of Restaurants, Caffe, shopping centers, boats, and jet skies rentals, close to Tyron Mall, Walmart, and Target, and within walking distance to the most beautiful beaches in America, this property could be the best investment for your future and retirement, live in one and rent the other two, bring your Boat, if you don't have one rent the boat slip with the lifter for an extra income, the triplex consists with 2 beds/2 baths, 1 bed / 1 bath and the efficiency. With four carports, easy 8-car parking, and a nice balcony and porch, enjoy sitting and watching the Dolphins playing around with the Ducks

Madeira Beach is located in Florida. Madeira Beach, Florida has a population of 3,947. Madeira Beach is less family-centric than the surrounding county with 11.87% of the households containing married families with children. The county average for households married with children is 21.33%.
The median household income in Madeira Beach, Florida is $60,000. The median household income for the surrounding county is $60,451 compared to the national median of $69,021. The median age of people living in Madeira Beach is 60 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 52.6 degrees. The average rainfall is approximately 50.8 inches per year, with 0 inches of snow per year.