Gulf Shores 1st Add Homes with Bay Front Water Frontage

Gulf Shores 1st Add Homes with Bay Front Water Frontage

Welcome to Gulf Shores 1st Add., a stunning seaside subdivision nestled in the heart of Madeira Beach, Florida. This charming community is located in Pinellas County, where the sun shines bright and the gentle waves of the Gulf of Mexico beckon. If you’re dreaming of a coastal lifestyle, Gulf Shores 1st Add. is your perfect oasis.

The homes in this delightful neighborhood boast breathtaking bay front waterfrontage, offering residents the unique opportunity to wake up to panoramic views of shimmering waters and vibrant sunsets. Imagine sipping your morning coffee on a spacious deck, with the soothing sounds of the waves lapping at the shore, or enjoying evening strolls along the beach, just steps from your front door.

Gulf Shores 1st Add. features a variety of beautifully designed homes, each with its own character and charm. From cozy beach cottages to luxurious waterfront estates, there’s something to suit every taste and lifestyle. Many properties come with private docks, allowing for easy access to boating, fishing, or simply enjoying a day on the water.

Living in Gulf Shores means embracing a vibrant coastal lifestyle. Explore the nearby shops and restaurants, take a leisurely bike ride along the scenic shoreline, or indulge in water sports like paddleboarding and kayaking. With its friendly community atmosphere and prime location, Gulf Shores 1st Add. offers the perfect blend of relaxation and adventure.

If you’re ready to experience the ultimate in Florida living, come discover the enchanting homes and breathtaking views of Gulf Shores 1st Add. Your dream waterfront home awaits!

Newest Gulf Shores 1st Add Homes with Bay Front Water Frontage

$1,300,000
Gulf Shores 1st Add SubDv.
Located in the heart of Madeira Beach, FL, just one block from the Gulf beaches, 14135 Palm Street presents a rare opportunity to acquire a fully updated 5-unit income-producing property in one of the most desirable beach communities along Florida's Gulf Coast. This solid block construction 5-plex consists of five well-designed 1-bedroom, 1-bathroom units with ample on-site parking, offering strong appeal to both long-term and seasonal tenants. What truly sets this property apart is its extensive hurricane-resilient construction and post-storm preparedness improvements. The building successfully withstood the major storms of 2024, demonstrating the quality and durability of the upgrades completed. Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures designed to minimize future storm vulnerability and maintenance concerns. In addition, the property features a newer roof, and all restoration and improvement work has been fully permitted and completed, providing added confidence for investors and lenders alike. The property offers flexible rental opportunities including annual rentals, seasonal leasing, workforce housing, or furnished beach rentals, creating multiple paths for maximizing income potential. With an attractive CAP rate, investors can benefit from both strong current cash flow and long-term appreciation in a highly supply-constrained beach market. Tenants will enjoy exceptional walkability and convenience. The property is located near Gulf Boulevard with easy access to the Pinellas Suncoast Transit Authority trolley and bus routes connecting residents to surrounding beach communities, downtown St. Petersburg, and area attractions. Nearby shopping, dining, and entertainment options include the popular John's Pass Village & Boardwalk, local restaurants, waterfront bars, grocery stores, marinas, and recreational activities including boating, fishing, and beach access. The location also provides convenient access to Treasure Island, Redington Beach, and the greater Tampa Bay area. This is an outstanding opportunity to own a proven storm-resilient multifamily asset in a premier coastal location with strong rental demand, attractive projected returns, and lasting tenant appeal.

14135 Palm Street, Madeira Beach

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