Gulf Shores 1st Add Homes with No Pool Pool type

Gulf Shores 1st Add Homes with No Pool Pool type

Welcome to Gulf Shores 1st Add, a gem nestled in the heart of Madeira Beach, Florida, in beautiful Pinellas County. This charming subdivision offers a unique blend of coastal living and community spirit, making it the perfect place to call home. With its close proximity to the sparkling Gulf of Mexico, residents can enjoy sun-soaked days on the beach, leisurely strolls along the shore, and breathtaking sunsets that paint the sky in vibrant hues.

Gulf Shores 1st Add is known for its well-established homes that exude character and charm. While many properties in the area feature pools, there are also delightful homes without pools, providing a tranquil retreat for those who prefer a low-maintenance lifestyle. These homes often boast spacious yards, perfect for gardening, outdoor entertaining, or simply soaking up the Florida sunshine.

Living in Gulf Shores 1st Add means embracing a lifestyle filled with recreational activities and local attractions. From boutique shops and delicious seafood restaurants to vibrant nightlife, Madeira Beach has something for everyone. Residents can also enjoy nearby parks, water sports, and fishing opportunities, making it an ideal spot for outdoor enthusiasts.

Whether you’re seeking a cozy retreat or a place to create lasting memories with family and friends, Gulf Shores 1st Add offers a welcoming community and a beautiful setting. Discover your perfect home in this idyllic subdivision, where the charm of coastal living meets the warmth of a tight-knit neighborhood. Your dream home awaits!

Newest Gulf Shores 1st Add Homes with No Pool Pool type

$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

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