Madeira Beach FL Multi-Family Real Estate, Homes for Sale

2 Beds ⋅ 2 Baths ⋅ Sunny Shores SubDv. ⋅ 33708 Zip Code

NEW TO MARKET!!! NEW TO MARKET!!! NEW TO MARKET!!! Steps to the beach!! View the Gulf from your front porch! Beachside living meets income-producing opportunity at 78 146th Avenue E in Madeira Beach! Just steps from the sand, this updated duplex features two one-bedroom, one-bath residences, both currently leased through July 2027. Monthly rents of $1,949 and $1,940 provide a combined $3,889 in gross monthly rental income, or $46,668 on an annualized basis at current rents. Extensive renovations include replacement windows, exterior doors, interior doors, updated water-supply plumbing, electrical wiring and receptacles, and two water heaters. Interior improvements include wall framing, insulation, drywall, freshly finished and painted walls and ceilings, and updated baseboards and trim. Street parking available. Kitchens and bathrooms feature updated cabinetry, vanities, countertops, sinks, and toilets, along with bathtub work and washer/dryer hookups for both residences. With tenants already in place, this property offers established rental income paired with the enduring appeal of a coastal location. Morning beach walks, afternoons by the Gulf, and sunset strolls are all just steps away. Whether expanding your investment portfolio or planning for future personal use after the existing leases expire, this Madeira Beach duplex brings together updated interiors, practical improvements, and the beach lifestyle. The location also places you near The Beahmaker, an upcoming Marriott Autograph Collection resort and residences, and a short drive from the waterfront dining, shopping, and entertainment of John’s Pass Village & Boardwalk. With a separate $115 million Marriott hotel development approved for John’s Pass, these hospitality projects represent significant additional investment in Madeira Beach, adding to the appeal of owning an income-producing property in this established Gulf Coast destination.

78 146th Avenue E, Madeira Beach

$1,800,000

33708 Zip Code

Virtually Staged. MADEIRA BEACH SIX-UNIT INCOME-PRODUCING PROPERTY — JUST TWO BLOCKS FROM THE BEACH! An exceptional opportunity to acquire a six-unit multifamily property in one of Madeira Beach's most desirable coastal locations. The property features a highly versatile mix of two one-bedroom units and four studio units, creating multiple avenues for rental income and long-term investment potential. Property is fully leased. The property currently generates significant income with low expenses and 6 CAP rate at list price. The combination of established income, incredible coastal location just two blocks from the beach, strong NOI, location, and six individual rental units provides an attractive foundation for both experienced multifamily investors and buyers looking to expand their income-producing portfolio. Unit sizes are approximately 700-800 square feet for the one-bedroom residences and approximately 550-650 square feet for the studios. Select units are fully furnished, providing additional flexibility for furnished, seasonal, or mid-term rental strategies where permitted. The efficient layouts and individual units provide the ability to manage and optimize rents on a unit-by-unit basis. Residents are within easy reach of the Gulf beaches, restaurants, shopping, entertainment, and the highly popular John's Pass Village & Boardwalk. The property's proximity to the beach and surrounding amenities provides strong rental appeal and supports continued demand from both local and seasonal tenants. The property presents an attractive combination of strong income, excellent location, good unit count, and future upside that is increasingly difficult to find in the Madeira Beach market. An excellent opportunity to acquire a coastal multifamily asset with current cash flow and the potential to further optimize rental performance. Buyer to independently verify all zoning, permitted uses, rental restrictions, licensing requirements, operating expenses, income, and other property information.

113 145 Avenue E, Madeira Beach

$469,900

3 Beds ⋅ 2 Baths ⋅ North Madeira Shores SubDv. ⋅ 33708 Zip Code

Under contract-accepting backup offers. Virtually Staged. TURNKEY MADEIRA BEACH DUPLEX WITHIN WALKING DISTANCE TO THE BEACH! Whether you're looking for an income-producing investment, a beach property with two rental units, or the opportunity to live in one side while renting the other, this completely updated duplex offers exceptional flexibility in one of Pinellas County’s most desirable beach communities. The property features a spacious 2-bedroom, 1-bath unit and a separate 1-bedroom, 1-bath unit, providing two potential income streams under one roof. Both units have been storm-remediated and completely renovated, with all work finished and ready for the next owner. This is a truly turnkey opportunity with a new roof, new water heaters, new A/C systems, updated kitchens and bathrooms, and numerous additional upgrades throughout. Both kitchens feature quartz countertops, white shaker cabinetry and stainless steel appliances, creating a clean, modern coastal feel. The exterior has been freshly painted and professionally landscaped, while the low-maintenance turfed backyard with string lighting provides a great outdoor space for tenants, guests or your own beach evenings. The property also offers four dedicated parking spaces in addition to available street parking. Best of all, leave the car at home and walk to Madeira Beach and the Gulf of Mexico, while also enjoying easy access to nearby restaurants, shopping, entertainment, boating and everything the beach lifestyle has to offer. For investors, the two-unit configuration provides the opportunity to generate income from both sides. For an owner-occupant, live in one unit and rent the other to help offset your monthly expenses. With all renovations completed and an outstanding Madeira Beach location, this is a true turnkey coastal property offering multiple ways to use it and generate income. Buyer to verify rental restrictions, projected rents, permitted uses and income/expense information.

14906 N Bayshore Drive, Madeira Beach

$1,490,000

6 Beds ⋅ 3 Baths ⋅ Pages Rep Of Mitchells Beach SubDv. ⋅ 33708 Zip Code

Rare waterfront redevelopment opportunities situated on two lots totaling approximately 12,628 ft.² (0.28 acres) with approximately 95 feet of seawall in a laid-back and beautiful neighborhood. The property currently has three existing structures, each approximately 720 ft.² situated on a slab foundation with wood siding. The existing structure sustained substantial damage from the hurricane, and the property is being marketed primarily for its land value and redevelopment potential. Seller makes no representations or warranties regarding the condition of the existing structures. The structures currently remain in place as plans may need to be drawn and approved prior to demolition in order to preserve the opportunity for three properties across the two existing lots. Property use is multifamily less than 10 units, with a three month minimum rental period. Buyer is responsible for independently, verifying zone, land use, rental restrictions, building, permitting, demolition, density, and redevelopment requirements with the appropriate municipality. Ideally located just a short walk to John's Pass Village and the sandy beaches of Madeira Beach, this is a unique opportunity to own approximately 0.28 acres of waterfront property along Boca Ciega Bay with 95 feet of seawall and create something new in a highly desirable location.

249 Boca Ciega Drive, Madeira Beach

$1,195,000

3 Beds ⋅ 3 Baths ⋅ Mitchells Beach Rev SubDv. ⋅ 33708 Zip Code

Airbnb duplex with zoning for short term rental. This rare Gulf-side investment opportunity offers a two-unit beach villa positioned just one house away from a quiet, well-preserved stretch of sand. Located literally feet from the front door with no busy streets to cross, the property is perfectly situated within 1 block of John's Pass with local dining, shopping, and entertainment. This stand-alone multifamily property allows for short term rentals, enhancing yield potential by capturing high-margin short-term vacation traffic. With no condo association fees or restrictive rules to navigate, you maintain full control over your operations and overhead. The original structure was 550 SF built in 1957, and in the 1980's a ~1300 SF 2 bedroom 2 bath addition was built on concrete block columns above the original 1 bedroom 1 bath structure. New roof in 2025. The location offers close proximity to restaurants, shops, marinas, and Johns Pass, with easy access to Tampa International Airport, Downtown St. Petersburg, pro sports stadiums, and everything Tampa Bay has to offer.

13202 Gulf Boulevard, Madeira Beach

$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

$569,000

3 Beds ⋅ 2 Baths ⋅ Gulf Shores 5th Add SubDv. ⋅ 33708 Zip Code

Fully Permitted and Closed - Newly renovated Madeira Beach duplex with excellent income potential and added flexibility! This updated property features two existing units plus a detached rear room/building that may offer additional possibilities for storage or office. Recent improvements include new HVAC, new electrical, new electrical panels, new kitchens, and new appliances, making this a strong turnkey-style opportunity in one of the area’s most desirable beach communities. Located just minutes from the Gulf beaches, John’s Pass, restaurants, shopping, boating, and entertainment, this property is ideal for investors, owner-occupants, or buyers seeking rental income near the coast. Whether held as a long-term rental, used as an owner-occupied property with income potential, or explored for expanded future use, 14036 Margueritte Dr offers a rare opportunity in Madeira Beach.

14036 Marguerite Drive, Madeira Beach

$310,000

Gulf Shores 6th Add Rep SubDv. ⋅ 33708 Zip Code

Under contract-accepting backup offers. Charming duplex that features a completely finished 1 bed /1 bath apartment on one side and a partially finished 1 bed/1 bath unit on the other side. Each featuring 504 square feet of living space and provides efficient and thoughtfully designed comfort for anyone looking to enjoy the Florida lifestyle just minutes from the Gulf Coast. Step onto the covered front porch, where you can enjoy your morning coffee or unwind in the evenings with a refreshing coastal breeze. Inside the 1st unit features durable laminate flooring throughout, creating a clean and modern look that’s both stylish and low maintenance. The living area flows seamlessly into the functional kitchen, which offers ample cabinetry and countertop space for cooking and everyday living. The spacious bedroom includes a generous closet, while the full bathroom is equipped with a combination tub/shower and updated finishes. Outside, you'll find a large backyard—perfect for relaxing outdoors, gardening, or enjoying weekend BBQs. A parking pad is included for off-street convenience, making everyday living stress-free. This property is ideally located less than 5 minutes from Florida’s award-winning beaches, and just moments to Gulf Boulevard and I-275, providing easy access to St. Petersburg, Clearwater and Tampa Bay. Enjoy being close to an array of coastal restaurants, boutique shops, waterfront parks, and vibrant local events, all while residing in a quiet and residential neighborhood. Whether you're a beach lover, working professional, or snowbird seeking a sunny seasonal stay, this charming investor style home offers unbeatable value in one of Florida’s most desirable locations.

30 Lynn Way, Madeira Beach

$920,000

2 Beds ⋅ 11 Baths ⋅ Lone Palm Beach SubDv. ⋅ 33708 Zip Code

Pre-Construction. To be built. UPDATETHERE IS NOW AN APPROVED SITE PLAN IN PLACE FROM THE ZONING DEPARTMENT THAT NOW ONLY NEEDS FINAL APPROVAL FROM THE ZONING BOARD in September Pre-Construction. To be built. Vacant commerical land with plans in place for a mixed use motel/restaurant in place. The commerical lot is located in the town center area and it gives you the best possible zoning anywhere in the city. Complete sealed architectural site plan and civil site plan for and 11 unit hotel with cafe on the ground floor included with the sale. This will save you a year going back and forth with the city and allow you to get the project running quickly. Plans available for review with proof of funds cash offers only but possible private financing with full price offer and 375k down

15227 Gulf Boulevard, Madeira Beach

$699,999

6 Beds ⋅ 5 Baths ⋅ Mitchells Beach Rev SubDv. ⋅ 33708 Zip Code

Income-Producing Coastal Triplex – One Block from Madeira Beach Rare opportunity to own a fully renovated, income-producing triplex just one block from the Gulf beaches in desirable Madeira Beach. Two of the three units are currently leased, generating $3,600 per month in rental income, with the third unit available to lease, occupy, or use as a seasonal residence—offering immediate cash flow with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal investment for seasonal residents, traveling professionals, or those seeking extended beach stays. The area is well suited for 90-day+ seasonal rentals, providing strong demand while minimizing the turnover associated with STR rentals. Property Highlights Income-producing property with two leased units generating $3,600/month Opportunity to lease the third unit and achieve projected rental income of $6,000+ per month ($72,000+ annually) One block from Madeira Beach Approximately a 5-minute walk to John’s Pass Village, restaurants, shops, and marina Multifamily zoning with potential for duplex through quadplex development (buyer to verify all zoning and redevelopment opportunities) New HVAC systems and water heaters Updated kitchens, bathrooms, flooring, and fixtures Turnkey, low-maintenance condition Located in a high-demand beachside area with excellent long-term appreciation and rental potential Whether you’re an investor seeking immediate cash flow, a buyer looking to maximize rental income, or a house hacker wanting to live in one unit while the others generate income, this renovated beachside triplex provides a rare combination of location, flexibility, and long-term value.

13388 1st Street E, Madeira Beach

$890,000

7 Beds ⋅ 4 Baths ⋅ Island Estates Unit 1 Sec A SubDv. ⋅ 33708 Zip Code

Waterfront, 5 bedrooms & 3 Bathrooms Beautiful Waterfront Duplex in Prime Madeira Beach Location. This stunning, Block concrete duplex sits on the intercoastal waters of Madeira Beach, complete with its own boat slip. This property features a brand-new roof and has been updated to code, including all permitted work, such as electrical, plumbing, and upgrades. It also includes new kitchens with appliances and updated bathrooms. The duplex offers a three-bedroom, two-bathroom unit on the first floor and a two-bedroom, one-bathroom unit on the second floor, complete with a balcony and gorgeous water views. It’s just a three-minute boat ride to John’s Pass, then you are in the middle of the Gulf of America and walking distance to the most beautiful beaches in the USA, 20 minutes to downtown St. Pete, and only 15-20 minutes away. The property can serve as an income property or a single-family home (five bedrooms, three bathrooms total). The buyer must honor the existing management company’s lease, which has a potential income of around $6,000.

497 Normandy Road, Madeira Beach

$449,900

Mitchells Beach Rev SubDv. ⋅ 33708 Zip Code

Short Sale. Prime location just steps from the sand—this 4 bed, 2 bath duplex sits in the heart of Madeira Beach, surrounded by thriving short-term rentals. Demo’d post-Hurricane Milton, it's a blank canvas ready for your vision. Each unit offers 2 bedrooms, 1 bath, plus covered parking and private storage—a rare find this close to the beach. New roof in 2024. County water/sewer in place. No HOA. No flood elevation requirement per FEMA—huge savings for your renovation budget. Zoned R-2 with a 3-month minimum lease, this property gives you flexibility to rent both units, live in one and rent the other, or renovate and resell. Cash or hard money only—bring your contractor and your checkbook.

13434 1st St E, Madeira Beach

$799,000

5 Beds ⋅ 5 Baths ⋅ Madeira Shores Sub SubDv. ⋅ 33708 Zip Code

Owner financing available .

100 144th Avenue, Madeira Beach

$1,050,000

5 Beds ⋅ 6 Baths ⋅ North Madeira Shores SubDv. ⋅ 33708 Zip Code

waterfront on the wide open canal, located in Madeira Beach, connected with the intercostal and the great Gulf Of Mexico, owns a Triplux fully rented block concrete updated and remodeled, new floor, fresh paint, new rewiring with new electrical panels, has located in the most beautiful desirable area, minutes to John pass by your boat or driving, own a property in that location makes feel all the year, you are on vacation, John Pass is one of the centers of the heart of the vacation in Pinallea county, close. To all kinds of Restaurants, Caffe, shopping centers, boats, and jet skies rentals, close to Tyron Mall, Walmart, and Target, and within walking distance to the most beautiful beaches in America, this property could be the best investment for your future and retirement, live in one and rent the other two, bring your Boat, if you don't have one rent the boat slip with the lifter for an extra income, the triplex consists with 2 beds/2 baths, 1 bed / 1 bath and the efficiency. With four carports, easy 8-car parking, and a nice balcony and porch, enjoy sitting and watching the Dolphins playing around with the Ducks

14975 1st Street E, Madeira Beach

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