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Fully Approved Boutique Condo-Hotel Land

13495 GULF BOULEVARD Madeira Beach, FL 33708

13495 GULF BOULEVARD, Madeira Beach, FL, 33708
$1,900,000
For Sale
Claim this Listing
$1,900,000

Land - MADEIRA BEACH, FL

Property Size5,500 SF
Lot Size0.23 Acres
Price / SF$345.45
AddedApr 21
Days on Market86
Last RefreshJul 15 at 7:06 pm

Property Features for 13495 GULF BOULEVARD

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
15-31-15-58320-010-0080
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13857.61

Building Details

Architectural style
Other

Listing agent Karl Moeller License #3037655

Listing office COASTAL PROPERTIES GROUP 260 107th Ave, Clearwater Beach, FL

Listing date Apr 21, 2026

MLS# TB8501219 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.


Investment Insights

Based on property information with market context.

This offering is a fully approved development opportunity for a boutique condo-hotel that includes eight residential units, with six 2-bedroom units and two larger 3-bedroom units. The plan provides dedicated parking for each unit and pairs the lodging component with approximately 5,500 square feet of commercial space. That commercial portion is designed as a ground-level restaurant and a rooftop bar concept with Gulf views. The project is permitted for nightly rentals and includes pet-friendly amenities, and the site also supports interim income approaches such as parking or an ice vending setup while development is prepared.

The property is located at 13495 Gulf Blvd in Madeira Beach, Florida, within Pinellas County. As a coastal site on Gulf Boulevard, the concept is oriented toward the hospitality and dining experience associated with Gulf-area lodging.

For developers and operators, the mix of permitted nightly rentals and on-site restaurant and rooftop bar space can support a cohesive guest experience under a single approved plan. For buyers planning phased work, the ability to pursue interim uses like parking or ice vending while preparing for construction provides an added operational pathway alongside the end-state condo-hotel development.

Key Highlights

  • Fully approved development opportunity for a condo‑hotel on Gulf Blvd in Madeira Beach.
  • Permitted for nightly rentals, offering strong short‑term income potential.
  • Includes 8 residential units (six 2‑bedroom, two 3‑bedroom) with dedicated parking.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $85.8k $15.60
− Vacancy −$4.3k −$0.78
EGI $81.5k $14.82
− OpEx −$20.4k −$3.70
NOI $61.1k $11.11
5,500 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$873.3K
$764.2K – $1.02M (±1% cap)
NOI $61,133 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$722.6K
$632.3K – $843.1K (±1% cap)
NOI $50,584 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,142 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Hair Salon Electrical Service Building Supply Nail Salon Pharmacy Law Firm (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Hotel - Approved site for a boutique condo-hotel with dedicated parking plus ground-level restaurant and rooftop bar space.
Where is this hotel located?
The property is located at 13495 GULF BOULEVARD Madeira Beach, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Fully approved development opportunity for a condo‑hotel on Gulf Blvd in Madeira Beach.; Permitted for nightly rentals, offering strong short‑term income potential.; Includes 8 residential units (six 2‑bedroom, two 3‑bedroom) with dedicated parking.
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