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14715 GULF BOULEVARD

Multi-family For Sale
$1,700,000

BTC: 19.35537273

ETH: 850.00000000

New
8 bds
345 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
Common
Year Built:
1934
Lot:
0.20 Acres
Heating:
Central
Price/sqft:
$4,928
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Common

    Property

    • Exterior Features: Balcony

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 093115657150010020,004, 006

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,976

  • Source details

    • MLS ID: TB8456440

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Room

    • Lot Features: City Lot

    • Living Area: 345

    • Water Source: Public

    • Subdivision Name: PALM OF MADEIRA RESORT CONDO

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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: WATERFRONT REALTY TAMPABAY