- MLS#: TB8384767 ( Residential )
- Street Address: 14067 Marguerite Drive
- Viewed: 16
- Price: $328,000
- Price sqft: $325
- Waterfront: No
- Year Built: 1948
- Bldg sqft: 1008
- Bedrooms: 2
- Total Baths: 2
- Full Baths: 2
- Days On Market: 73
- Additional Information
- Geolocation: 27.7988 / -82.7893
- County: PINELLAS
- City: MADEIRA BEACH
- Zipcode: 33708
- Subdivision: Gulf Shores 6th Add Rep
- Provided by: FOXTAIL REAL ESTATE
- Contact: Greg Burney
- 727-228-2050
- DMCA Notice
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DescriptionInvestor's Dream in Madeira Beach This oversized 6,451 sq ft lot (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R 2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment. The property experienced its first ever flood in recorded history, which now presents a unique clean slate opportunity. All utilities electric, water, and sewer are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long term equity potential in this location. What makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden complete with an established coconut palm already growing on the property. Zoning allows for a minimum rental period of 3 months, making this an ideal opportunity to cater to Snowbirds seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow. Surrounded by A rated schools, such as Orange Grove Elementary and Madeira Beach Fundamental K 8, and just minutes from the restaurants, nightlife, and charm of Gulf Boulevard, this property is perfect for a family home, vacation rental, or long term investment. Cash buyers only. This isnt just a lot its a canvas for your vision, a base for future returns, and a place full of light, space, and possibility.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
- Covered Spaces: 0.00
- Exterior Features: Lighting, Other
- Flooring: Luxury Vinyl
- Living Area: 1008.00
- Roof: Shingle
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Water Source: Public
- Carport Spaces: 0.00
- Cooling: Wall/Window Unit(s)
- Heating: Electric
- Pets Allowed: Yes
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
- Accessibility Features: Accessible Approach with Ramp
- Appliances: Electric Water Heater, Microwave
- Country: US
- Interior Features: Ceiling Fans(s), Open Floorplan
- Legal Description: GULF SHORES 6TH ADD REPLAT BLK W 1, LOT 4
- Levels: One
- Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Occupant Type: Vacant
- Parcel Number: 10-31-15-34452-231-0040
- Possession: Close Of Escrow
- Views: 16
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