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$1,350,000
6 Beds 5 Baths Madeira Shores Sub SubDv. 33708 Zip Code
RARE 4-Plex in Legal Nightly Rental Zone (C-3) + WALK-TO-THE-GULF LOCATION. Opportunities combining these characteristics in Madeira Beach are exceptionally difficult to find. This four-unit property offers the flexibility of Retail Commercial zoning, with the City of Madeira Beach identifying multifamily residential, vacation rental, and temporary lodging uses, *including the potential for nightly/short-term rentals*, as permitted uses. The property features unmatched versatility that captures all segments: massive 3BR/2BA owner/anchor suite, spacious 2BR/1BA, stylish 1BR/1BA, and cozy Studio/1BA. Adding to the convenience is the onsite laundry, and dedicated storage space for each unit - perfect for beach gear! This property has been fully restored & remediated post 2024 storms with all appropriate permits, inspections, and sign-offs completed through the City of Madeira Beach. The location is exceptionally well positioned. The property is directly across Gulf Boulevard from public beach access and down the street from John’s Pass Village & Boardwalk approximately 1.5 miles—offering waterfront dining, shopping, fishing charters, dolphin cruises, boating and entertainment. With other beaches in reach and downtown St. Petersburg being approximately 11 miles away, bringing renowned restaurants, museums, galleries, waterfront parks, nightlife and the St. Pete Pier within easy reach. For an investor/owner, the combination is compelling: rare C-3 zoning with vacation/nightly rental potential, four existing units, post-storm permitted and inspected renovations, onsite laundry and storage, and an exceptional walk-to-the-Gulf location. Properties offering this particular combination are rarely available in Madeira Beach. Schedule your private showing today!

37 144th Avenue, Madeira Beach

$469,900
3 Beds 2 Baths North Madeira Shores SubDv. 33708 Zip Code
Virtually Staged. Priced to Sell – Exceptional Income-Producing Duplex in Madeira Beach This beautifully updated duplex offers outstanding versatility and strong cash flow in one of Tampa Bay’s most sought-after beach communities. Featuring a spacious 2-bedroom, 1-bath unit that rents for $2,500 per month and a cozy 1-bedroom, 1-bath unit at $2,000 per month, the property delivers a combined $4,500 monthly — that’s $54,000 in gross annual income. After Expenses your potential Net Income is $41,986 Whether you’re an investor looking for immediate dual income streams or an owner-occupant wanting to offset your mortgage by renting out one side, this turnkey opportunity checks every box. Both units have been storm-remediated and meticulously remodeled with premium finishes and modern systems, including a new roof, new water heaters, new A/C units, and numerous additional upgrades throughout. Each kitchen shines with elegant quartz countertops, crisp white shaker cabinets, and high-end stainless steel appliances. The exterior has been freshly painted and professionally landscaped, creating outstanding curb appeal. Out back, enjoy the low-maintenance turfed yard complete with charming string lighting — perfect for relaxing evenings or entertaining tenants and guests. The property also offers four dedicated parking spaces plus convenient street parking. Ideally situated in the heart of Madeira Beach, you’re just steps from the world-famous white-sand Gulf beaches, vibrant restaurants, shopping, nightlife, boating, and endless water activities. This prime location combines the relaxed beach lifestyle with easy access to everything the Tampa Bay area has to offer. A rare combination of income potential, quality upgrades, and unbeatable location — this is a true turnkey investment you don’t want to miss. Schedule your private showing today and secure this gem before it’s gone!

14906 N Bayshore Drive, Madeira Beach