Island Estates Unit 1 Homes with Waterfront

Island Estates Unit 1 Homes with Waterfront

Welcome to Island Estates Unit 1, a stunning waterfront community nestled in the heart of Madeira Beach, Florida. This picturesque subdivision, located in Pinellas County, offers a unique blend of coastal charm and modern living, making it an ideal destination for those seeking a serene lifestyle by the water.

Island Estates Unit 1 is renowned for its breathtaking waterfront homes, each designed to maximize the stunning views of the Intracoastal Waterway. Imagine waking up to the gentle sounds of waves lapping against your dock, with the sun rising over the horizon, painting the sky in hues of orange and pink. These homes not only offer direct access to the water but also feature spacious layouts, modern amenities, and private outdoor spaces perfect for entertaining or simply relaxing in the Florida sun.

This community is more than just beautiful homes; it’s a lifestyle. Residents can enjoy easy access to a variety of recreational activities, from boating and fishing to kayaking and paddleboarding. The nearby Madeira Beach is just a stone’s throw away, offering pristine sandy shores and vibrant beach life. Plus, with a selection of local shops, restaurants, and entertainment options, you’ll find everything you need just moments from your doorstep.

Whether you’re looking for a permanent residence or a vacation getaway, Island Estates Unit 1 promises a tranquil and luxurious waterfront living experience. Discover your dream home in this idyllic community and embrace the Florida lifestyle you’ve always desired!

Newest Island Estates Unit 1 Homes with Waterfront

$825,000
2 Beds ⋅ 3 Baths ⋅ Island Estates Unit 1 SubDv.
Stunning waterfront opportunity on Madeira Beach! This beautifully located waterfront lot features a private pool, concrete seawall, and a dock with boat lift already in place—bring your boat and your vision. The owner is the listing agent and a licensed General Contractor who can build your custom home on a cost-plus structure, offering significant savings versus typical new-build pricing. The existing home was flooded and fully remediated but not rebuilt; the property was determined NOT substantially damaged, creating options for renovation or a custom teardown-to-rebuild subject to buyer due diligence. Property is sold AS-IS with no warranties. Prime location near Gulf beaches, shopping, dining, Stunning and Vibrant Johns Pass and boating waterways—create your dream coastal retreat and capitalize on this rare value-add package. Buyers to verify all measurements, flood zone, substantial damage determination, and permitting requirements.

639 Normandy Road, Madeira Beach
$1,397,900
2 Beds ⋅ 2 Baths ⋅ Island Estates Unit 1 SubDv.
Island paradise, with room to relax or redevelop. Fully renovated, extremely spacious, 2-bedroom, 2-bath waterfront home on a rare oversized double lot in Madeira Beach—where boating, breezes, and open space come together the way coastal living is supposed to be. This easygoing beach home features a metal roof (including new trusses, sheeting, metal, insulation - 2013), two-car garage, and a new dock with a 14,000-lb boat lift (2021) complete with water and electric. Launch the boat, cruise the Intracoastal, or head out for a sunset ride—it’s all right in your backyard. Both the front and back yards are fully fenced, offering privacy and plenty of room to relax, entertain, or let pets roam. The expansive lot (over 100' wide) opens the door to outdoor living— waterfront grilling, firepit nights, or simply enjoying the salt air with room to spare. There's plenty of room to add a pool, too! The home was thoughtfully modified in 2013-2015 to provide for an open floorplan and capitalize on the water views. Having undergone an interior renovation in 2025, with all new appliances at that time. It is in near-perfect condition, move-in ready, while still leaving space for future expansion or personal touches. The seller also has full drawings for a 2nd floor addition to add a large primary suite for extra living space. For those looking ahead, the double lot offers potential to subdivide and build two new construction homes, adding long-term flexibility and value. Located just minutes from the beach, restaurants, and shops, this property delivers the laid-back Madeira Beach lifestyle—boating in the morning, beach walks in the afternoon, and waterfront evenings at home. Extra land. Deep coastal roots. Endless possibilities.

600 Normandy Road, Madeira Beach
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