Florida
Madeira Beach
14204 E PARSLEY DRIVE

$455,000

14204 E PARSLEY DRIVE, Madeira Beach, FL 33708

Land
Built in ——
6,970sqft lot
—— car garage
$——/sqft
Listed 10 days ago

Property Description

Short Sale. Madeira Beach Multifamily Investment Lot – 14204 E Parsley Drive An exceptional opportunity for builders and investors to capitalize on Madeira Beach’s thriving coastal real estate market. The lot currently hosts a flood-damaged duplex that, under FEMA’s 50% Rule, must be demolished, making this a prime site for new construction multifamily development. With options to build luxury duplex or triplex residences, the property offers multiple exit strategies: hold as long-term rentals, operate as income-producing seasonal units, or design vacation rentals for short-term stays (minimums apply). Located directly across from an undeveloped parking lot, the site enjoys clear, protected Intracoastal Waterway views that will set any new build apart in this competitive market. Just blocks from Madeira Beach’s award-winning shoreline, John’s Pass Village & Boardwalk, ROC Park, waterfront dining, and boating amenities, this address guarantees consistent rental demand and lifestyle appeal. Future residents or guests will enjoy quick access to Treasure Island, Indian Rocks, Seminole shopping corridors, and downtown St. Pete’s cultural attractions, with two international airports less than 40 minutes away. Investors benefit from strong appreciation, short supply of buildable lots, and the ability to deliver a turnkey income property in a highly sought-after Gulf Coast location.

Listing Status:: Active
Date Added:: September 24, 2025 at 05:00AM
Listing Office:: KELLER WILLIAMS GULF BEACHES : 727-367-3756
Listing Agent:: Troy Walseth : 727-331-5500
MLS ID:: TB8430496

Road/Access: Street Paved
Originating MLS: Stellar MLS
County: Pinellas

Zoning: GULF SHORES 6TH ADD REPLAT BLK XLOT 3103115344700240030
Current Use: Multi-Family

Utilities: BB/HS Internet AvailableCable AvailableElectricity AvailableSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS

This listing courtesy of Troy Walseth, KELLER WILLIAMS GULF BEACHES

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Madeira Beach Fundamental K-8

591 Tom Stuart Cswy, Saint Petersburg, FL, 33708

Grades KG-8

0.61 miles away

Madeira Beach Fundamental K-8

591 Tom Stuart Cswy, Saint Petersburg, FL, 33708

Grades KG-8

0.61 miles away

Seminole High School

8401 131st St, Seminole, FL, 33776

Grades 9-12

3.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.