$455,000
 $2,443 est/mo Sourced by Back At You

14204 E Parsley Dr,MADEIRA BEACH, FL 33708

MADEIRA BEACH, FL 33708

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Description

Under contract-accepting backup offers. 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.

Details

MLS #TB8430496
Listing TypeFor Sale
Sub-TypeFor-sale
StatusPending
Days On Site335
Listing Provided ByKELLER WILLIAMS GULF BEACHES | Troy Walseth

Features

Acreage0.16

Taxes

Property3806

Area Information

StateFL
CountyPinellas
CityMADEIRA BEACH
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NameGULF SHORES 6TH ADD REP
School DistrictSeminole High-PN
Elementary SchoolOrange Grove Elementary-PN
High SchoolSeminole High-PN
Sourced by Back At You

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of August 25, 2026 at 1:42:04 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityMADEIRA BEACH
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NameGULF SHORES 6TH ADD REP
School DistrictSeminole High-PN
Elementary SchoolOrange Grove Elementary-PN
High SchoolSeminole High-PN
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $341K - $568K
sqft: 0 - 0
Listing Updated: July 9, 2026 at 6:50:15 PM PDT