Gulf Shores 1st Add Homes with No Deed Restriction Community Extras

Gulf Shores 1st Add Homes with No Deed Restriction Community Extras

Welcome to Gulf Shores 1st Add, a hidden gem nestled in the heart of Florida's stunning coastline! This charming subdivision offers a unique blend of relaxed beach living and community spirit, making it the perfect place to call home. With its prime location, residents enjoy easy access to the sun-kissed beaches and vibrant local attractions that the Gulf Coast is famous for.

One of the standout features of Gulf Shores 1st Add is its homes with no deed restrictions. This means you have the freedom to personalize your property to fit your lifestyle, whether that includes parking your boat or RV, or even starting a small garden. The community embraces individuality and encourages residents to express their creativity without the constraints of typical homeowner association rules.

Beyond the homes, Gulf Shores 1st Add boasts a variety of community extras that enhance the living experience. Picture yourself enjoying leisurely strolls through beautifully landscaped streets, mingling with friendly neighbors, or hosting weekend barbecues in your spacious backyard. The laid-back atmosphere is complemented by easy access to local shops, restaurants, and recreational activities, ensuring that you’re never far from the fun.

Whether you’re looking for a permanent residence, a vacation getaway, or an investment opportunity, Gulf Shores 1st Add offers a unique lifestyle that captures the essence of Florida living. Discover your dream home in this delightful community, where the sun shines bright and the possibilities are endless!

Newest Gulf Shores 1st Add Homes with No Deed Restriction Community Extras

$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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