Property Description
Investor’s Dream in Madeira Beach – This oversized 6,451 sq ft lot (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R-2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment.
The property experienced its first-ever flood in recorded history, which now presents a unique clean-slate opportunity. All utilities — electric, water, and sewer — are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long-term equity potential in this location.
What makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden — complete with an established coconut palm already growing on the property.
Zoning allows for a minimum rental period of 3 months, making this an ideal opportunity to cater to Snowbirds — seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow.
Surrounded by A-rated schools, such as Orange Grove Elementary and Madeira Beach Fundamental K-8, and just minutes from the restaurants, nightlife, and charm of Gulf Boulevard, this property is perfect for a family home, vacation rental, or long-term investment.
Cash buyers only. This isn’t just a lot — it’s a canvas for your vision, a base for future returns, and a place full of light, space, and possibility.
Features
: Electric
: Wall/Window Unit(s)
: Lighting, Other
: Ceiling Fans(s), Open Floorplan
: None
: Public Sewer
: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Address Map
US
FL
Pinellas
Madeira Beach
GULF SHORES 6TH ADD REP
33708
MARGUERITE
14067
DRIVE
West from Tom Stuart Causeway; Left on Gulf Blvd to 140th Ave E, then left on Marguerite
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Additional Information
: Public
338000
2025-05-07
2
: Accessible Approach with Ramp
: Slab
: Block
Financial
6305
Listing Information
785012469
260033627
Cash
Active
2025-06-11T19:28:09Z
Stellar
: None
2025-05-07T13:49:50Z
Residential Income For Sale
14067 Marguerite Dr, Madeira Beach, Florida 33708
2 Bedrooms
2 Bathrooms
1,008
$328,000
Listing ID #TB8383142
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : TB8383142
Price : $328,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1,008
Year Built : 1948
Lot Area : 0.15 Acre
Property Sub Type : Duplex
Roof : Shingle