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14067 Marguerite Drive, MADEIRA BEACH, FL 33708
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14067 Marguerite Drive
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Priced at Only: $328,000
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Address: 14067 Marguerite Drive, MADEIRA BEACH, FL 33708
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  • MLS#: TB8384767 ( Residential )
  • Street Address: 14067 Marguerite Drive
  • Viewed: 40
  • Price: $328,000
  • Price sqft: $325
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 1008
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 32
  • Additional Information
  • Geolocation: 27.7988 / -82.7893
  • County: PINELLAS
  • City: MADEIRA BEACH
  • Zipcode: 33708
  • Subdivision: Gulf Shores 6th Add Rep
  • Provided by: FOXTAIL REAL ESTATE
  • Contact: Greg Burney
  • 727-228-2050
  • mfrmls
  • DMCA Notice
  • Description
    Investor's Dream in Madeira Beach This oversized 6,451 sq ft lot (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R 2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment. The property experienced its first ever flood in recorded history, which now presents a unique clean slate opportunity. All utilities electric, water, and sewer are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long term equity potential in this location. What makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden complete with an established coconut palm already growing on the property. Zoning allows for a minimum rental period of 3 months, making this an ideal opportunity to cater to Snowbirds seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow. Surrounded by A rated schools, such as Orange Grove Elementary and Madeira Beach Fundamental K 8, and just minutes from the restaurants, nightlife, and charm of Gulf Boulevard, this property is perfect for a family home, vacation rental, or long term investment. Cash buyers only. This isnt just a lot its a canvas for your vision, a base for future returns, and a place full of light, space, and possibility.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Other
  • Flooring: Luxury Vinyl
  • Living Area: 1008.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Electric Water Heater, Microwave
  • Country: US
  • Interior Features: Ceiling Fans(s), Open Floorplan
  • Legal Description: GULF SHORES 6TH ADD REPLAT BLK W 1, LOT 4
  • Levels: One
  • Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
  • Occupant Type: Vacant
  • Parcel Number: 10-31-15-34452-231-0040
  • Possession: Close Of Escrow
  • Views: 40
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Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Mobile: 407.448.1042
  4. frank4074481042@gmail.com