Browse All Madeira Beach FL Short Sale Properties for Sale

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

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.

14204 E Parsley Drive, 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

$449,000

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

Short Sale. Investor Special. Requires a fair amount of TLC / Rehab. Lower level suffered flood damage and has been remediated. There is additional damage due to the Hurricanes (wind, etc.). Interior is dated and also requires updating and repair. Will require new kitchen, appliances, bathrooms, flooring, doors, fixtures, paint, demo and clean out, some exterior work and repair, landscaping, seawall etc.

13253 Boca Ciega Avenue, Madeira Beach

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Madeira Beach Short Sales

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