Under contract-accepting backup offers. Prime Coastal Redevelopment Opportunity – 7-Unit Multifamily
Rare opportunity in the heart of Madeira Beach just ½ block to public beach access. This 100’ x 93’ lot (approx.) offers excellent frontage and redevelopment potential in a highly desirable coastal market.
The existing 7-unit multifamily property sustained hurricane and… Read More flood damage and is being sold as-is for land value. The current structures require complete renovation or redevelopment. Historically operated as long-term rental apartments, this site is ideally suited for rebuilding a new income-producing multifamily property (buyer to verify zoning, density, and building requirements).
Located just minutes from John's Pass Village & Boardwalk, with convenient access to dining, shopping, and Gulf waters, the property benefits from strong and consistent demand for long-term coastal rentals.
Highlights:
100’ frontage x 93’ depth (approx.)
½ block to public beach access
Zoned/used as 7-unit multifamily
Storm-damaged – redevelopment required
Sold as-is for land value
Long-term rental use (no short-term rental representation)
High-demand beachside location
Ideal for investor, builder, or developer
A rare chance to secure a multifamily redevelopment site in one of Pinellas County’s most sought-after beach communities. Read Less
Courtesy of REAL BROKER, LLC 855-450-0442
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multi-Family 5+
Square Ft.
708
Lot Size
0.21 Acres
Year Built
1948
MLS Number
TB8500246
Additional Details
Property Access
Frontage Type: City Street, Road Surface: Asphalt
Building
Built in 1948, Living area: 3706, Living area units: Square Feet, 1 storey, Construction Materials: Block, Stucco
Cooling
Wall/Window Unit(s)
Foundation
Slab
Lot
0.21 acres, Dimensions: 100x93
Property
Completed
Taxes
Additional parcels description:, Parcel Number: 09-31-15-54306-000-0250, Public Survey Range: 15, Public Survey Section: 09, Annual Amount: $9,973.59, Tax Block: 000, Tax Book Number: 22-87, Legal Description: MADEIRA SHORES SUB LOTS 25 & 26, Lot: 25, Year: 2025, Zoning: 0822
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