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    Property profile & analytics

    111 Boardwalk Pl W Ste, Unit 201 Madeira Beach, FL 33708-2661

    • Investment properties
    • 3,218 SF
    OFF-MARKET
    Value Estimation
    $3,690,000
    Last Sale
    Jul 15, 2021
    $3,275,000
    Location Intelligence
    Property ID
    US18-4529539
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 111 Boardwalk Pl W Ste

    Year built
    2008
    Construction
    WOOD FRAME
    Property size
    3,218 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    15-31-15-57275-000-2010
    APU
    153115572750002010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,170,000
      6.5%
      $3,180,000
      7%
      $3,130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,745,000
      Geo Method
      $3,190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,710,000
      Retail
      $3,005,000
      Mixed-Use
      $2,700,000
      Hospitality
      $3,140,000
      Educational
      $3,330,000
      Residential Income
      $2,500,000
      Energy
      $3,350,000
      Income-Based Land
      $3,120,000
      Food Service
      $3,215,000

    Location Insight

    • Map
    • Local Demand
    City
    Madeira Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7821
    Latitude
    27.7852
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,913
    $0.00
    $0.00
    $800,000
    -
    $0.00
    $800,000
    $800,000

    Comparable in this City

    • Value Estimation by Request
      1,071 SF

      209 150th Ave

      STORE/OFFICE (MIXED USE) • 1,071 SF
      209 150th Ave, Madeira Beach, FL 33708-2007
      View Details
    • Value Estimation
      $3,745,000
      852 SF

      111 Boardwalk Pl W Ste, Unit 103

      STORE/OFFICE (MIXED USE) • 852 SF
      111 Boardwalk Pl W Ste, Madeira Beach, FL 33708-2661
      View Details
    • Value Estimation by Request
      2,993 SF

      12951 Vlg Blvd

      STORE/OFFICE (MIXED USE) • 2,993 SF
      12951 Vlg Blvd, Madeira Beach, FL 33708-2656
      View Details
    • Value Estimation
      $385,000
      1,213 SF

      13999 Gulf Blvd Ste C2

      STORE/OFFICE (MIXED USE) • 1,213 SF
      13999 Gulf Blvd Ste C2, Madeira Beach, FL 33708-2677
      View Details
    • Value Estimation
      $160,000
      540 SF

      13713 Gulf Blvd, Unit 2

      STORE/OFFICE (MIXED USE) • 540 SF
      13713 Gulf Blvd, Madeira Beach, FL 33708-2581
      View Details
    • Value Estimation by Request
      1,071 SF

      207 150th Ave

      STORE/OFFICE (MIXED USE) • 1,071 SF
      207 150th Ave, Madeira Beach, FL 33708-2007
      View Details

    Similar Nearby for Sale

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      Madeira Beach investment opportunity. High ROI.
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      Waterfront lot for sale in North Redington Beach, Florida.
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    Similar Nearby for Lease

    • $2,530 /Mo
      1,300 SF

      Renovated Office Condo Near Beach

      Bright, renovated office condo near the beach with ample amenities.
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      Retail space available in renovated center near Madeira Beach.
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      View Details
    • $2,950 /Mo

      Furnished Penthouse Condo with Balcony

      Modern 3-bedroom condo with nature preserve view and amenities.
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      Renovated Office Condo Near Beach

      Renovated office condo near the beach with ample amenities.
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    • $45 SF/Yr
      26,000 SF

      Beachmaker Retail Space: Madeira Beach

      Prime Retail/Restaurant Opportunity. 26,000 SF, Class A.
      15000 Madeira Way, Madeira Beach, FL 33708
      View Details
    • Contact for pricing
      12,570 SF

      John's Pass Waterfront Retail

      Prime Madeira Beach location, multiple suites available.
      111 Boardwalk Pl, Madeira Beach, FL 33708
      View Details
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    Madeira Beach, FL 33708-2661
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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