Ad #6657370
MLS #TB8430496
Under contract-accepting backup offers. Short Sale. Madeira
14204 E PARSLEY DR, Madeira Beach, FL 33708
$455,000
--Beds
--Baths
--Sqft
0.16Acres
About this property
Under contract-accepting backup offers. Short Sale. Madeira Beach Multifamily Investment Lot - 14204 E Parsley Drive
An exceptional opportunity for builders and investors to capitalize on Madeira Beach's thriving coastal real estate market. The lot currently hosts a flood-damaged duplex that, under FEMA's 50% Rule, must be demolished, making this a prime site for new construction multifamily development. With options to build luxury duplex or triplex residences, the property offers multiple exit strategies: hold as long-term rentals, operate as income-producing seasonal units, or design vacation rentals for short-term stays (minimums apply).
Located directly across from an undeveloped parking lot, the site enjoys clear, protected Intracoastal Waterway views that will set any new build apart in this competitive market. Just blocks from Madeira Beach's award-winning shoreline, John's Pass Village & Boardwalk, ROC Park, waterfront dining, and boating amenities, this address guarantees consistent rental demand and lifestyle appeal.
Future residents or guests will enjoy quick 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. Investors benefit from strong appreciation, short supply of buildable lots, and the ability to deliver a turnkey income property in a highly sought-after Gulf Coast location.
Property Features
0 Beds
0 Baths
0 Sqft
0.16 Acres
$3,807 / yr property tax
Pinellas County
GULF SHORES 6TH ADD REP Community
Additional Photos
Contact Information
Troy Walseth
Keller Williams Gulf Beaches
727-331-5500
Location
Listing Agent: Troy Walseth (License #: 3261857) 727-331-5500
Broker: Keller Williams Gulf Beaches 727-367-3756 Listing Site
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.
Broker: Keller Williams Gulf Beaches 727-367-3756 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$455,000
--
Beds
--
Baths
--
Sqft
14204 E PARSLEY DR, Madeira Beach, FL 33708
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8430496
Under contract-accepting backup offers. Short Sale. Madeira
$455,000
14204 E PARSLEY DR, Madeira Beach, FL 33708
--
Beds
--
Baths
--
Sqft
0.16
Acres
$455,000
14204 E PARSLEY DR, Madeira Beach, FL 33708
-- Beds
-- Baths
-- Sqft
0.16 Acres
Under contract-accepting backup offers. Short Sale. Madeira Beach Multifamily Investment Lot - 14204 E Parsley Drive
An exceptional opportunity for builders and investors to capitalize on Madeira Beach's thriving coastal real estate market. The lot currently hosts a flood-damaged duplex that, under FEMA's 50% Rule, must be demolished, making this a prime site for new construction multifamily development. With options to build luxury duplex or triplex residences, the property offers multiple exit strategies: hold as long-term rentals, operate as income-producing seasonal units, or design vacation rentals for short-term stays (minimums apply).
Located directly across from an undeveloped parking lot, the site enjoys clear, protected Intracoastal Waterway views that will set any new build apart in this competitive market. Just blocks from Madeira Beach's award-winning shoreline, John's Pass Village & Boardwalk, ROC Park, waterfront dining, and boating amenities, this address guarantees consistent rental demand and lifestyle appeal.
Future residents or guests will enjoy quick 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. Investors benefit from strong appreciation, short supply of buildable lots, and the ability to deliver a turnkey income property in a highly sought-after Gulf Coast location.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.16 Acres
FINANCIAL & COMMUNITY
$3,807 / yr property tax
Pinellas County
GULF SHORES 6TH ADD REP Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
6657370
Viewed
185 times
Listing Status
Pending
Added
Sep 24, 2025
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
TB8430496
Listing Agent: Troy Walseth (License #: 3261857) 727-331-5500
Broker: Keller Williams Gulf Beaches 727-367-3756 Listing Site
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.
Broker: Keller Williams Gulf Beaches 727-367-3756 Listing Site
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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