About 14204 E Parsley Drive
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.
Features of 14204 E Parsley Drive
| MLS® # | TB8430496 |
|---|---|
| Price | $455,000 |
| Acres | 0.16 |
| Type | Land |
| Sub-Type | Land |
| Status | Pending |
Listing Details
| Office | KELLER WILLIAMS GULF BEACHES |
|---|
Listing Map
Neighborhood Information for 14204 E Parsley Drive
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Madeira Beach Fundamental K-8 Public - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
Keswick Christian School Private - Preschool to 12Th Grade - Closest Middle School |
2 Miles | |
|
Orange Grove Elementary School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
|
Plato Academy Of St Petersburg Public - Preschool to 3Rd Grade |
2 Miles | |
|
|
Blessed Sacrament Catholic School Catholic - Preschool to 8Th Grade |
2 Miles | |
|
|
Community Christian School Of Five Oaks Private - Kindergarten to 12Th Grade |
3 Miles | |
|
|
Wellmont Academy Private - to |
3 Miles |
School data provided by GreatSchools