14231 N Bayshore Drive, Madeira Beach, FL 33708

$3,700,000
7,500
SqFt
List Price
$3,700,000
Status
Active
Days on Market
388
MLS#
U8099430
Property Style
Multi-Family
Year Built
1957
Living Area
7,500
Lot Size
18,720
Acres
0.42
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Gulf Shores 1st Add
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

14231 and 14257 N. Bayshore Drive, Madeira Beach…12 apartment units (two buildings on 4 lots) situated on 160’ of wide open waterfront (facing east with spectacular sunrises) and just 1 block to the Gulf of Mexico!!! Variety of units (14231) One- 2/1 bath, four 1bd/1 bath, and two large studios, (14257) three 1 bd/1 bath, one 2 bd/1 bath (townhome) and 1 studio. There are 2 docks which can accommodate 4 boats (possible expansion to 8) and a swimming pool as well. Lot sizes total 18,000 sq.ft. mol and buildings approx.. 7,600 sq. ft.. all constructed in 1952 and 1957. 16 parking spaces…THIS PROPERTY IS BEING OFFERED AS A RE-DEVELOPMENT SITE AND WILL NOT BE SOLD BASED UPON INCOME AND EXPENSE HISTORY...Present zoning should permit 6 luxury town homes or possible convert to motel with seasonal tourist rental operation (original)....PLEASE SEE ATTACHMENT FOR EXPECTED REVENUE..

Additional Information

Taxes
$10999
Annual Gross Income
160000
Location
FloodZone, City Limits, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
MULTI
Floor
Ceramic Tile, Terrazzo
Appliances
Refrigerator
Utilities
Cable Available
Heating
Central
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Wood Frame
Exterior Features
Other
Roof
Membrane, Shingle
Foundation
Slab
Pool
No Pool
Pool Type
Gunite
Water Name
Boca Ceiga Bay
Water Extras
Dock - Open, Dock - Wood
Water View
Bay/Harbor - Full
Water Access
Bay/Harbor, Canal - Saltwater
Water Frontage
Bay/Harbor
Flood Zone Code
AE
Parcel ID
10-31-15-34326-005-0030
Legal Description
GULF SHORES 1ST ADD BLK E, LOTS 3 AND 4 and lots 1 and 2 together with SLL#520346313 O.R 17436/2029

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Listing courtesy of CENTURY 21 JIM WHITE & ASSOC.

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