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14140 E PARSLEY DRIVE

Multi-family Active With Contract
$299,000

BTC: 3.07972819

ETH: 96.45161290

45 days
2 bds
1,008 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. 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.

Location

Florida • MADEIRA BEACH • 33708 • Multi-family • Active With Contract

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1948
Lot:
0.16 Acres
Heating:
None
Price/sqft:
$297
Cooling:
None
HOA:
No Data
All facts and features

  • Heating

    • None

    Cooling

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Private Entrance

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 103115344522310070

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $7,718

  • Source details

    • MLS ID: TB8450741

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1008

    • Water Source: Public

    • Lot Size Dimensions: 79 x 85

    • Subdivision Name: GULF SHORES 6TH ADD REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EASY HOME SALES