14204 E PARSLEY DRIVE, Madeira Beach, FL 33708

Building Details

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Listing agent Troy Walseth License #3261857 Show Phone

Listing office KELLER WILLIAMS GULF BEACHES k***@kw.com 10681 Gulf Blvd Suite 201, St. Pete Beach, FL Show Phone

Listing date Sep 24, 2025

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MLS# TB8430496 Listing URL

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.

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Overview

This property in Madeira Beach presents an opportunity for builders and investors in the coastal real estate market. The lot, located at 14204 E Parsley Drive, currently has a flood-damaged duplex that requires demolition under FEMA’s 50% Rule, making it suitable for new construction multifamily development. The site allows for the construction of luxury duplex or triplex residences, offering options to hold as long-term rentals, operate as seasonal units, or design vacation rentals for short-term stays, subject to minimum stay requirements. The 0.16-acre lot is located directly across from an undeveloped parking lot, providing clear, protected Intracoastal Waterway views. Situated blocks from Madeira Beach’s shoreline, John’s Pass Village & Boardwalk, ROC Park, waterfront dining, and boating amenities, the location is positioned to attract consistent rental demand. Future residents or guests will have access to Treasure Island, Indian Rocks, Seminole shopping corridors, and downtown St. Pete’s cultural attractions, with two international airports less than 40 minutes away. This location benefits from appreciation, a limited supply of buildable lots, and the potential to deliver a turnkey income property in a Gulf Coast location.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Madeira Beach

County

Pinellas

State

Florida

Longitude

-82.790369

Latitude

27.799804

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FAQs

What type of property is this?

Residential land & home lot - Prime lot for new multifamily development with Intracoastal Waterway views.

Where is this residential land & home lot 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: Prime location in Madeira Beach for multifamily development (duplex or triplex).; Clear, protected Intracoastal Waterway views due to adjacent undeveloped parking lot.; Close proximity to Madeira Beach, John’s Pass Village & Boardwalk, and waterfront amenities.