Under contract-accepting backup offers. Prime Coastal Redevelopment Opportunity 7-Unit Multifamily
Rare opportunity in the heart of Madeira Beach just ½ block to public beach access. This 100 x 93 lot (approx.) offers excellent frontage and redevelopment potential in a highly desirable coastal market.
The existing 7-unit multifamily property sustained hurricane and flood damage and is being sold as-is for land value. The current structures require complete renovation or redevelopment. Historically operated as long-term rental apartments, this site is ideally suited for rebuilding a new income-producing multifamily property (buyer to verify zoning, density, and building requirements).
Located just minutes from John's Pass Village & Boardwalk, with convenient access to dining, shopping, and Gulf waters, the property benefits from strong and consistent demand for long-term coastal rentals.
Highlights:
100 frontage x 93 depth (approx.)
½ block to public beach access
Zoned/used as 7-unit multifamily
Storm-damaged redevelopment required
Sold as-is for land value
Long-term rental use (no short-term rental representation)
High-demand beachside location
Ideal for investor, builder, or developer
A rare chance to secure a multifamily redevelopment site in one of Pinellas County s most sought-after beach communities.
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 7
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Stucco
- Exterior Type: Block
- Legal Description: MADEIRA SHORES SUB LOTS 25 & 26
- MLSID: TB8500246