Gulf Shores 1st Add Homes with Lighting Exterior Features

Welcome to Gulf Shores 1st Add., a captivating subdivision nestled in the heart of Madeira Beach, Florida. Known for its stunning coastal charm and vibrant community spirit, this delightful neighborhood offers a unique blend of comfort and convenience, making it the perfect place to call home.

Gulf Shores 1st Add. features an array of beautifully designed homes, each showcasing exceptional exterior lighting that enhances the enchanting ambiance of the community. As the sun sets, the warm glow from the thoughtfully placed outdoor lighting highlights the architectural details of these residences, creating an inviting atmosphere for both residents and visitors alike. Whether you're entertaining guests on your patio or enjoying a quiet evening stroll, the illuminated surroundings add a magical touch to your experience.

Living in Gulf Shores 1st Add. means enjoying the best of beachside living. Just a short walk or bike ride away, you’ll find pristine sandy shores and the sparkling waters of the Gulf of Mexico. The neighborhood is also conveniently located near a variety of shops, restaurants, and recreational activities, ensuring that everything you need is within reach.

This charming subdivision is not just about beautiful homes; it’s about fostering a sense of community. With friendly neighbors and engaging local events, Gulf Shores 1st Add. offers a welcoming environment where you can truly feel at home. If you're looking for a vibrant lifestyle in a picturesque setting, look no further than Gulf Shores 1st Add. in Madeira Beach, where your dream home awaits!

$1,300,000

5 Beds ⋅ 5 Baths ⋅ 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

Gulf Shores 1st Add Homes with Lighting Exterior Features

Newest Gulf Shores 1st Add Homes with Lighting Exterior Features