14204 E Parsley Drive, Madeira Beach, FL 33708
Local realty services provided by:Bingham Realty ERA Powered
14204 E Parsley Drive,Madeira Beach, FL 33708
$455,000
- 0.16 Acres
- Lots / Land
- Pending
Listed by: troy walseth
Office: keller williams gulf beaches
MLS#:TB8430496
Source:MFRMLS
Price summary
- Price:$455,000
About this home
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.
Contact an agent
Home facts
- Listing ID #:TB8430496
- Added:152 day(s) ago
- Updated:February 24, 2026 at 08:47 AM
Structure and exterior
- Lot area:0.16 Acres
Schools
- High school:Seminole High-PN
- Middle school:Seminole Middle-PN
- Elementary school:Orange Grove Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$455,000
- Tax amount:$3,807 (2024)
New listings near 14204 E Parsley Drive
- New
$695,000Active2 beds 2 baths1,100 sq. ft.15462 Gulf Boulevard #603, MADEIRA BEACH, FL 33708
MLS# TB8477677Listed by: CENTURY 21 COAST TO COAST - New
$439,900Active3 beds 3 baths1,524 sq. ft.11273 Kapok Grand Circle, MADEIRA BEACH, FL 33708
MLS# TB8478866Listed by: CENTURY 21 RE CHAMPIONS - New
$479,900Active2 beds 2 baths915 sq. ft.329 Medallion Boulevard #B, MADEIRA BEACH, FL 33708
MLS# TB8477695Listed by: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION - New
$1,100,000Active4 beds 3 baths2,380 sq. ft.14071 N Bayshore Drive, MADEIRA BEACH, FL 33708
MLS# TB8478611Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL - New
$849,000Active4 beds 4 baths1,936 sq. ft.13136 4th Street E, MADEIRA BEACH, FL 33708
MLS# TB8473974Listed by: LUXURY & BEACH REALTY INC - New
$900,000Active2 beds 2 baths1,595 sq. ft.541 Lillian Drive, MADEIRA BEACH, FL 33708
MLS# TB8477517Listed by: COMPASS FLORIDA LLC - New
$950,000Active0.21 Acres645 Normandy Road, MADEIRA BEACH, FL 33708
MLS# TB8477276Listed by: EMBASSY REAL ESTATE GROUP INC - New
$439,000Active2 beds 2 baths822 sq. ft.13999 Gulf Boulevard #201, MADEIRA BEACH, FL 33708
MLS# G5108200Listed by: PIB REALTY
$929,000Pending2 beds 2 baths1,070 sq. ft.14600 Gulf Boulevard #102, MADEIRA BEACH, FL 33708
MLS# TB8476157Listed by: COASTAL PROPERTIES GROUP- New
$325,000Active1 beds 1 baths665 sq. ft.273 Rex Place #G, MADEIRA BEACH, FL 33708
MLS# O6383368Listed by: FLORIDA REALTY EXCHANGE LLC