MADEIRA BEACH short sale home - a multi family property ( beds, 4 baths)

Under contract-accepting backup offers. Short Sale. Madeira Beach Multifamily Investment Lot 14204 E Parsley DrivenAn exceptional opportuniy for builders and investors to capitalize on Madeira Beachs thriving coastal real estate market. The lot currently hosts a flood-damaged duplex that, under FEMAs 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).nnLocated 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 Beachs award-winning shoreline, Johns Pass Village & Boardwalk, ROC Park, waterfront dining, and boating amenities, this address guarantees consistent rental demand and lifestyle appeal.nnFuture residents or guests will enjoy quick access to Treasure Island, Indian Rocks, Seminole shopping corridors, and downtown St. Petes cultural attractions, ...

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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.This short sale home is a multi family property located in MADEIRA BEACH. It offers 0.16 acres in size, beds and 4 baths. Review its detailed information and determine if this MADEIRA BEACH short sale has the qualities you are looking for.  

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This is a Short Sale, meaning the property is offered for sale for less than the balance owed on the property's loan. Short Sales are a great way to purchase a home at an attractive price. The list price is provided but you may present any reasonable offer.