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Property Description
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.
Full Property Details
Full Property Details for 14715 Gulf Blvd
General
- Sold For: $1,000,000
- HOA FEE: $500/month
- Taxes: $1,975 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8456440
- Added to Site: 107 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Interior Features: Ninguno
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area, Laundry Room
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Common
Location
- Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- County: Pinellas
- Development Name: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Subdivision: PALM OF MADEIRA RESORT CONDO
- Driving Directions: Tom Stuart Causeway to Gulf Blvd, south on Gulf Blvd to property on east side.
Community
- Community Name: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Square Feet: 345
- Sq. Ft. Source: Public Records
- Living Area: 345 Sq. Ft.
- Year Built: 1934
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 9,400
- Lot Size: 9400
- Street/Road Desc.: Asphalt
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $500
- Condo Fee Freq: Monthly
- Tax Amount: $1,975.79
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: Real Estate Owned
- Legal Description: PALM OF MADEIRA RESORT CONDO PHASE 1, UNITS 2, 4, 5, 6, 7, 8, 9, 10
- Flood Zone Info: AE
- APN: 093115657150010020, 004, 006
- Property ID: 093115657150010020, 004, 006
- Block/Lot/Section: 1
Listed by Waterfront Realty Tampabay
Sold by 27North Realty
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Schools
Schools serving 14715 Gulf Blvd
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Orange Grove Elementary School 10300 65th Avenue North, Seminole, FL 33772 | K-5 | 2.4 mi |
Seminole Middle School, Seminole, FL 8701 131st Street North, Seminole, FL 33776 | 6-8 | 3.8 mi |
Seminole High School, Seminole, FL 8401 131st Street North, Seminole, FL 33776 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14715 Gulf Blvd
Date
Details
Price
Change
Source
3/23/2026
Sold
$1,000,000
-41.18%
MLS
12/15/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14715 Gulf Boulevard, Madeira Beach, FL 33708 (MLS# TB8456440) is a Single Family property that was sold at $1,000,000 on March 23, 2026. Want to learn more about 14715 Gulf Boulevard? Do you have questions about finding other Single Family real estate for sale in Madeira Beach? You can browse all Madeira Beach real estate or contact a Coldwell Banker agent to request more information.

