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14906 N BAYSHORE DRIVE

Multi-family Active With Contract
$329,900

BTC: 10.99666667

ETH: 164.95000000

20 days
3 bds
1,399 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. Prime Investment Opportunity in Madeira Beach — Only one block from the beach! This solid concrete block duplex features two income-producing units — a 2-bedroom, 1-bath (805 sq. ft.) and a 1-bedroom, 1-bath (594 sq. ft.) — each with individually metered utilities and endless potential. With transferable flood insurance and FEMA appraisal confirming the property was not substantially damaged, this property is well positioned for a seamless rehab and rental setup. The 2/1 unit has the potential to bring in $2,400 a month and the 1/1 unit $2,000 a month for a total of $52,800 in annual gross income. The property includes 4 off-street parking spaces, shared laundry (another possible revenue stream), and a location that can’t be beat — one block from the beach, less than 0.2 miles to shops, convenience stores, and dining, and just 1.5 miles to John’s Pass, offering waterfront dining, live entertainment, boutique shops, boating, dolphin tours, deep-sea fishing, and water-sports galore. Whether you’re looking to flip, hold, or expand your beach rental portfolio, this investment has the potential to generate exceptional returns and deliver the ultimate Florida lifestyle. Opportunities like this don’t last long — secure your piece of paradise today!

Location

Facts and features

Type:
Residential Income
Parking:
Driveway
Year Built:
1970
Lot:
0.08 Acres
Heating:
Heat Pump
Price/sqft:
$236
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Heat Pump

    Cooling

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Stone Counters

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Courtyard / Fenced / Private Mailbox / Rain Gutters

    Lot

    • Lot: 0.08 Acres

    Other Property Information

    • Parcel Number: 093115608580000980

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Fiber Optics

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,609

  • Source details

    • MLS ID: TB8438918

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Living Area: 1399

    • Water Source: Public

    • Lot Size Dimensions: 45 x 75

    • Subdivision Name: NORTH MADEIRA SHORES

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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 ©2025-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: LPT REALTY, LLC