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Multifamily Development Lot
For Sale
$455,000
Pending

14204 E PARSLEY Drive, Madeira Beach, FL 33708

LAND - MADEIRA BEACH, FL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market323

Property Features for 14204 E PARSLEY Drive

General Information

Property type Land
Property subtype Other
Pets allowed Yes
Subdivision GULF SHORES 6TH ADD REP
Lot features City Limits, In County, Near Marina, Paved
View Harbor
Elementary school Orange Grove Elementary-PN
Middle school Seminole Middle-PN
High school Seminole High-PN
Directions FROM Gulf Blvd go EAST on 140th to 4 way stop, go NORTH on East Parsley Dr to address
Special listing conditions Short Sale
Standard status Pending
APN 10-31-15-34470-024-0030
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GULF SHORES 6TH ADD REPLAT BLK X, LOT 3
Tax Annual Amount 3807
Legal Description GULF SHORES 6TH ADD REPLAT BLK X, LOT 3

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: KELLER WILLIAMS GULF BEACHES · Keller Williams Realty
Listed By: Troy Walseth · License #3261857
Added: Sep 24, 2025 Changed: Jul 24 Last Checked: Aug 12 at 5:06PM
MLS# TB8430496

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

For sale under contract with accepting backup offers (short sale), this Madeira Beach multifamily investment lot at 14204 E Parsley Drive includes a flood-damaged duplex. The structure is described as requiring demolition under FEMA’s 50% Rule, positioning the site for new construction.

The property is noted as being directly across from an undeveloped parking lot and offers clear, protected Intracoastal Waterway views. At about 0.16 acres, the redevelopment option described in the remarks includes building duplex or triplex residences for long-term rental, seasonal income, or vacation rental use (minimums apply).

Key Highlights

  • Under contract; accepting backup offers. Short sale property.
  • Flood‑damaged duplex on the lot must be demolished under FEMA’s 50% Rule.
  • Public water and public sewer available; cable available.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Hair Salon Storage Facility Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 33708, FL

16,034
Population
13,211
Households
1.2
Avg Household Size
60
Median Age
44%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
4,716
Density / Sq Mi
$83,773
Median Household Income
$49,403
Median Earnings
$1,961
Median Rent
$463,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Lot includes a flood-damaged duplex that must be demolished, offering a redevelopment site in Madeira Beach.
Where is this duplex located?
The property is located at 14204 E PARSLEY Drive Madeira Beach, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Under contract; accepting backup offers. Short sale property.; Flood‑damaged duplex on the lot must be demolished under FEMA’s 50% Rule.; Public water and public sewer available; cable available.
More about this property
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