14067 marguerite dr, madeira beach, FL 33708

This listing is NOT a foreclosure. Under contract-accepting backup offers. Investor's Dream in Madeira Beach - This oversized 6,451 sq ft lt (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R-2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment.nnThe property experienced its first-ever flood in recorded history, which now presents a unique clean-slate opportunity. All utilities electric, water, and sewer are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long-term equity potential in this location.nnWhat makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden complete with an established coconut palm already growing on the property.nnZoning allows for a minimum rental period o...

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f 3 months, making this an ideal opportunity to cater to Snowbirds seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow.nnSurrounded by A-rated schools, such asThis MLS Resale home is a multi family property located in MADEIRA BEACH. It offers 6451.00 sq. ft. in size, 2 beds and 2 baths. Review its detailed information and determine if this MADEIRA BEACH MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.