- 5 beds
- 3 baths
- 1,822 sqft
- 12,937 sqft lot
- $274 per sqft
- 1948 build
- – on site
UP & COMING MADEIRA BEACH!!! Buy now while town rebuilding - will be PRIME destination! SELLING BLDG AS -IS from Hurricanes - up to new buyers to remodel, raise up, or build new! (check with City of Madeira Beach for details) GREAT INVESTMENT! WAS CONTINUALLY RENTED SINCE 2011. Just 5 blocks to beach! "Villas by the Sea" was beachside community of three Villas. A truly unique property, the tenants loved the extra privacy - Each villa has its own private entrance, parking spaces, outdoor patio area separated by building's layout and tropical palms borders. Projected rent = Villa #1 - 1BR+den/1BA $1950/month, Villa #2 -2BR/1BA $2200/month includes 1 car garage, Villa #3 - 1BR/1BA $1750/month. Laundry room with COIN OPERATED WASHER & DRYER brought in extra income as well! BLDG has been vacant since hurricanes. HISTORY of triplex was a VERY successful rental for over 15 years - tenants loved it, private patios, pet friendly, parking right by each villa! APPROVED BUILD 3 UNITS in writing from City of Madeira Beach! GREAT OPPORTUNITY - CORNER LARGE LOT - ALMOST 1/3 of an ACRE - Some water views at various elevations! see photos due to repeat flooding of building, being sold As-Is for land value only. BLDG is concrete block and newer roof - had flooding only. ZONING 6 month minimum rental. NOTE - property line runs thru about center of 2 car garage - see survey. Community "Elks Club" across street, enjoy waterfront pool, clubhouse, dinner/drink specials, boat dock rentals for a small annual fee. Enjoy charming Madeira Beach! Great beach community features waterfront parks, tennis / pickleball courts, leash free dog park, baseball fields, basketball courts, kids water splash play area, Marina, outdoor concert area on waterfront, fishing piers plus many public beach & intracoastal park accesses. "Mad Beach" has so much to offer with that small beach town feel.
Last checked:
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Checking…
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Last updated Jul 9, 2025
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MLS# TB8405015 —
The Building
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Year Built:1948
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Other
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Foundation Details:Other
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Patio And Porch Features:Patio
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Security Features:Smoke Detector(s)
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# of Buildings:2
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Building Area Total:2122
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Unfurnished
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Additional Rooms:Inside Utility
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Fireplace:false
Room Dimensions
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Living Area:1822
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Living Area Units:Square Feet
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Living Area Source:Estimated
Location
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Directions:FROM Gulf Blvd go EAST on 140th to 4 way stop, go NORTH on East Parsley Dr to address
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Latitude:27.799748
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Longitude:-82.790105
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Coordinates:-82.790105, 27.799748
The Property
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Parcel Number:103115344700240040
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Features:Corner Lot
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Lot Size Acres:0.29
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Lot Size Area:12937
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Lot Size SqFt:12937
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Lot Size Dimensions:104 x 124
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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View:Garden
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View:true
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Exterior Features:Garden
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:AE
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Additional Parcels:true
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Additional Parcels Description:na
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Homestead:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 455-2832
- Office phone:
- (727) 455-2832
Taxes
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Tax Year:2023
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Tax Lot:4
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Tax Block:X
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Tax Legal Description:GULF SHORES 6TH ADD REP BLK X LOT 4
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Tax Book Number:22/120
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Tax Annual Amount:$7,995
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8405015
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Special Listing Conditions:None
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:None
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Laundry Features:Common Area
The Community
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Subdivision Name:GULF SHORES 6TH ADD
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Senior Community:false
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Community Features:Boat Slip
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Waterview:Bay/Harbor - Partial
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Waterview:true
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Water Access:false
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Waterfront:false
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Waterfront Features:Gulf/Ocean Front
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Pool Private:false
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Pets Allowed:Cats OK
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1
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Carport:false
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Covered Spaces:1
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Open Parking:true
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Parking Features:Boat
Extra Units
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Other Structures:Storage
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/8/25
Jul 8, 2025
|
Listed / Active | STELLAR_MLS | $499,950 | 138.1% (10.0% / YR) |
6/5/25
Jun 5, 2025
|
Price Changed | STELLAR_MLS | ||
4/2/25
Apr 2, 2025
|
Price Changed | STELLAR_MLS |