UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $335
Subdivision Gulf Shores 6Th Add Rep
MLS Listing ID TB8383142
Bedrooms 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1948
Annual Tax Amount $6,305
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
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.
Location
State FL
County Pinellas
Community Gulf Shores 6Th Add Rep
Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Interior
Interior Features Ceiling Fans(s), Open Floorplan
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Lighting, Other
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
