Madeira Beach Multifamily Investment
For Sale
$455,000
Pending
14204 E PARSLEY DRIVE, Madeira Beach, FL 33708
Prime lot for new multifamily construction with Intracoastal views.
Property SizeContact for details
Lot Size0.16 Acres
Days on Market323
Property Features for 14204 E PARSLEY DRIVE
General Information
Standard status
Pending
Lot size
0.16 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$3,807
Amenities
Pool
Public Pool
Near Marina
Paved
Listing Agency:
KELLER WILLIAMS GULF BEACHES
(727) 367-3756
Listed By:
TROY WALSETH · License #3261857
Source:
Corcoran
Added: Sep 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:45AM
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 KELLER WILLIAMS GULF BEACHES
Investment Insights
Based on property information with market context.
This property presents an opportunity for builders and investors in Madeira Beach's real estate market. The lot currently contains a flood-damaged duplex that requires demolition under FEMA’s 50% Rule, making it suitable for new construction multifamily development. The property allows for the construction of luxury duplex or triplex residences, offering options to hold as long-term rentals, operate as income-producing seasonal units, or design vacation rentals for short-term stays with minimums. Located across from an undeveloped parking lot, the site has Intracoastal Waterway views. The location is near Madeira Beach’s shoreline, John’s Pass Village Boardwalk, ROC Park, waterfront dining, and boating amenities. 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. The property is positioned to deliver a turnkey income property in a Gulf Coast location.
Key Highlights
- Prime location directly across from an undeveloped parking lot offering protected Intracoastal Waterway views.
- Buildable lot in Madeira Beach's thriving coastal real estate market, ideal for multifamily development.
- Multiple exit strategies: long‑term rentals, seasonal units, or short‑term vacation rentals (minimums apply).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime lot for new multifamily construction with Intracoastal 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 directly across from an undeveloped parking lot offering protected Intracoastal Waterway views.; Buildable lot in Madeira Beach's thriving coastal real estate market, ideal for multifamily development.; Multiple exit strategies: long‑term rentals, seasonal units, or short‑term vacation rentals (minimums apply).
