Gulf Shores 1st Add Homes with Bay Front Water Frontage

Gulf Shores 1st Add Homes with Bay Front Water Frontage

Welcome to Gulf Shores 1st Add., a hidden gem nestled in the charming city of Hudson, Florida, within the picturesque Pasco County. This delightful subdivision offers a unique blend of coastal living and suburban comfort, making it an ideal destination for those seeking a peaceful retreat by the water.

Gulf Shores 1st Add. is renowned for its stunning bay front properties, boasting breathtaking waterfront views that invite you to embrace the beauty of nature. Imagine waking up to the gentle sounds of waves lapping against the shore and enjoying your morning coffee while overlooking the shimmering waters of the bay. These homes, designed with both elegance and functionality in mind, provide the perfect backdrop for a relaxed lifestyle.

Each residence in Gulf Shores 1st Add. offers a unique charm, featuring spacious layouts and modern amenities that cater to your every need. Whether you’re looking for a cozy bungalow or a more expansive family home, you’ll find a variety of options that suit your preferences. The community is perfect for outdoor enthusiasts, offering easy access to fishing, boating, and kayaking right from your backyard.

In addition to its beautiful homes and prime waterfront location, Gulf Shores 1st Add. is conveniently located near local shopping, dining, and entertainment options, ensuring that you have everything you need within reach. Experience the best of Florida living in this serene community, where every day feels like a vacation. Discover your dream home in Gulf Shores 1st Add. and start creating lasting memories today!

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

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