Updated 5-Unit Income
14135 Palm Street Madeira Beach, FL 33708
14135 Palm Street, Madeira Beach, FL, 33708
$1,300,000
For Sale
$1,300,000
Fully updated 5-plex with five 1-bedroom units, ample on-site parking, and hurricane-resilient construction improvements.
Property Size3,004 SF
Price / SF$432.76
Days on Market51
Property Features for 14135 Palm Street
General Information
- Standard status
- Active
- Size
- 3,004 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1947
Listing agency
CENTURY 21 BEGGINS
(800) 541-9923
Listed by
MICHAEL Reichenbach, LLC · License #3090000
Source
Xome
Added: Jun 2 Updated: Jul 22 at 3:56AM Checked: Jul 22 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 BEGGINS
Investment Insights
Based on property information with market context.
14135 Palm Street is a fully updated 5-unit income-producing property with solid block construction. The building is configured as five well-designed 1-bedroom, 1-bathroom units and includes ample on-site parking. Recent hurricane-resilient and post-storm preparedness improvements are specifically identified, including waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures. A newer roof is in place, and the restoration and improvement work has been fully permitted and completed.
The property is located in the heart of Madeira Beach, one block from the Gulf beaches. It is near Gulf Boulevard with easy access to Pinellas Suncoast Transit Authority trolley and bus routes connecting to surrounding beach communities, downtown St. Petersburg, and area attractions. The remarks also cite nearby shopping, dining, and entertainment including Johns Pass Village & Boardwalk, as well as grocery stores, marinas, and beach-related recreation.
The offering highlights flexible rental options, including annual rentals, seasonal leasing, workforce housing, and furnished beach rentals. The remarks also include a projected CAP rate of approximately 7.5%.
The property is located in the heart of Madeira Beach, one block from the Gulf beaches. It is near Gulf Boulevard with easy access to Pinellas Suncoast Transit Authority trolley and bus routes connecting to surrounding beach communities, downtown St. Petersburg, and area attractions. The remarks also cite nearby shopping, dining, and entertainment including Johns Pass Village & Boardwalk, as well as grocery stores, marinas, and beach-related recreation.
The offering highlights flexible rental options, including annual rentals, seasonal leasing, workforce housing, and furnished beach rentals. The remarks also include a projected CAP rate of approximately 7.5%.
Key Highlights
- Fully updated 5‑plex income property built in 1947 with five 1‑bedroom, 1‑bath units
- Hurricane‑resilient construction and post‑storm improvements; building withstood major 2024 storms
- Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, and elevated electrical connections
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully updated 5-plex with five 1-bedroom units, ample on-site parking, and hurricane-resilient construction improvements.
Where is this apartment building located?
The property is located at 14135 Palm Street Madeira Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully updated 5‑plex income property built in 1947 with five 1‑bedroom, 1‑bath units; Hurricane‑resilient construction and post‑storm improvements; building withstood major 2024 storms; Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, and elevated electrical connections
