Gulf Shores 1st Add Homes with Bay Front Water Frontage

Welcome to Gulf Shores 1st Add, an enchanting subdivision nestled in the heart of Madeira Beach, Florida. Known for its stunning coastal charm and vibrant community, this area offers a unique blend of relaxation and adventure, making it a perfect haven for beach lovers and water enthusiasts alike.

One of the most alluring features of Gulf Shores 1st Add is its breathtaking bay front waterfront homes. Imagine waking up each morning to the gentle sound of waves lapping against the shore and enjoying panoramic views of the sparkling waters right from your doorstep. These exquisite properties not only provide direct access to the tranquil bay but also allow for a lifestyle filled with boating, fishing, and endless outdoor activities.

The homes in this subdivision boast a variety of architectural styles, each designed to complement the picturesque surroundings. From charming beach cottages to modern waterfront estates, there’s something to suit every taste and lifestyle. Many of these residences feature expansive decks and patios, perfect for entertaining guests or simply enjoying a sunset with loved ones.

Gulf Shores 1st Add is not just about the homes; it’s about the lifestyle. With nearby parks, local shops, and a vibrant dining scene, residents can easily immerse themselves in the community's rich culture. Whether you're looking for a permanent residence or a vacation retreat, Gulf Shores 1st Add in Madeira Beach offers an idyllic setting where every day feels like a getaway. Embrace the coastal lifestyle and make this enchanting subdivision your new home!

Newest Gulf Shores 1st Add Homes with Bay Front Water Frontage

$1,300,000

Gulf Shores 1st Add SubDv. ⋅ 33708 Zip Code

Located in the heart of Madeira Beach, FL, just one block from the Gulf beaches, 14135 Palm Street presents a rare opportunity to acquire a fully updated 5-unit income-producing property in one of the most desirable beach communities along Florida's Gulf Coast. This solid block construction 5-plex consists of five well-designed 1-bedroom, 1-bathroom units with ample on-site parking, offering strong appeal to both long-term and seasonal tenants. What truly sets this property apart is its extensive hurricane-resilient construction and post-storm preparedness improvements. The building successfully withstood the major storms of 2024, demonstrating the quality and durability of the upgrades completed. Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures designed to minimize future storm vulnerability and maintenance concerns. In addition, the property features a newer roof, and all restoration and improvement work has been fully permitted and completed, providing added confidence for investors and lenders alike. The property offers flexible rental opportunities including annual rentals, seasonal leasing, workforce housing, or furnished beach rentals, creating multiple paths for maximizing income potential. With an attractive CAP rate, investors can benefit from both strong current cash flow and long-term appreciation in a highly supply-constrained beach market. Tenants will enjoy exceptional walkability and convenience. The property is located near Gulf Boulevard with easy access to the Pinellas Suncoast Transit Authority trolley and bus routes connecting residents to surrounding beach communities, downtown St. Petersburg, and area attractions. Nearby shopping, dining, and entertainment options include the popular John's Pass Village & Boardwalk, local restaurants, waterfront bars, grocery stores, marinas, and recreational activities including boating, fishing, and beach access. The location also provides convenient access to Treasure Island, Redington Beach, and the greater Tampa Bay area. This is an outstanding opportunity to own a proven storm-resilient multifamily asset in a premier coastal location with strong rental demand, attractive projected returns, and lasting tenant appeal.

14135 Palm Street, Madeira Beach

$1,395,000

3 Beds ⋅ 3 Baths ⋅ Gulf Shores 1st Add SubDv. ⋅ 33708 Zip Code

Experience refined coastal luxury with sweeping views of the Gulf of Mexico. This elevated waterfront residence offers 3 bedrooms, 3.5 baths, TWO primary suites, an elevator, and a 3-car garage, thoughtfully designed for upscale living. The open-concept main level features a chef’s kitchen flowing seamlessly into the living and dining areas, all framed by breathtaking water views and abundant natural light. The third-floor primary suite is a private retreat with its own balcony, two walk-in closets, and a spa-style bath with jacuzzi tub and walk-in shower. A second primary suite offers Gulf views, private balcony, and en-suite bath. Additional highlights include two wood-burning fireplaces, luxury vinyl flooring, and surround sound. Enjoy effortless waterfront living with a brick paver yard, mature palms, private dock, and 10,000-lb boat lift with quick Gulf access. Watch dolphins, fish from your dock, and enjoy Madeira Beach fireworks from home. Recent updates include a 2023 roof and water heater, updated HVAC, fresh interior paint, dishwasher and refrigerator (2025). Just steps to the beach and minutes to John’s Pass, dining, and shopping—this is truly a boater’s paradise.

14215 N Bayshore Drive, Madeira Beach

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