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 Addition, a hidden gem nestled along the stunning coastline of Florida! This charming subdivision offers a perfect blend of coastal living and community spirit, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle by the beach.

Gulf Shores 1st Addition boasts an array of beautifully designed homes, each reflecting the unique character and charm of the area. While many properties feature refreshing pools to enjoy the warm Florida sun, you’ll also find a selection of delightful homes without pools, perfect for those who prefer a low-maintenance lifestyle. These homes are thoughtfully crafted, with spacious layouts, modern amenities, and lush landscaping that invites you to enjoy the outdoors without the added upkeep of a swimming pool.

Living in Gulf Shores 1st Addition means you are just moments away from the pristine sandy beaches and crystal-clear waters that Florida is known for. Spend your days basking in the sun, exploring local shops, or indulging in delicious seafood at nearby restaurants. The community is also conveniently located near parks, schools, and recreational facilities, ensuring that everything you need is within reach.

Whether you’re looking for a cozy retreat or a spacious family home, Gulf Shores 1st Addition has something for everyone. Embrace the laid-back lifestyle and vibrant community atmosphere that this enchanting subdivision offers. Come and discover your dream home in Gulf Shores 1st Addition, where coastal living meets comfort!

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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