Residential Property - Single Family Residence in Madeira Beach
SOLD for $500,000 on January 21, 2025
Listing Price: $575,000Sold Price: $500,000Sold Price/List Price: 87%
Sold Price/Original List Price: 50%
Description of Property
Embrace the opportunity to own 50 feet of direct waterfront in the highly desirable Madeira Shores community. This prime lot features a 2,000 sq. ft. single-story block home built in 1960, now part of a street transforming with stunning new builds and modern appeal. This property, impacted by Hurricane Helene and affected by flooding, is being offered "AS IS", presenting an exceptional investment for those with a vision. Due to FEMA's 50% rule, renovation of the current home may not be feasible, and the seller provides no guarantees on its rehabilitation potential. The home has not been touched since the flood. Here is your chance to design and build the waterfront home of your dreams or to explore the possibilities for renovation in a sought-after neighborhood with captivating views and a peaceful waterside lifestyle. Don’t miss out on this rare value in Madeira Shores—create the life you've always dreamed of in this extraordinary location.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Madeira Beach
County: Pinellas
Subdivision: Madeira Shores 1st Add
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 2,000
Sq. Ft. Living Area: 1,240
Cost per (heated) sqare foot: $464
Year built: 1960
Annual Tax: $2,657
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Flooring: Concrete
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type: Bay/Harbor
Water Name: Boca Ciega Bay
Exterior & Construction
Architectural Style: Florida
Construction: Block, Stucco
Foundation: Slab
Roof: Other
Exterior Features: Sliding Doors
Floors Total: 1
Floors in Unit: One
Cooling: Central Air, None
- Central
- Electric
- None
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Water
Fencing:
Utilities:
- BB/HS Internet Available
- Cable Available
- Electricity Available
- Other
- Phone Available
- Public
- Sewer Available
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Flood Zone, City Lot
Lot Size (acres): 0.11
Lot Size (sq. ft.): 5,001 square feet
Lot Dimensions: 50 x 100
Front Exposure: Northwest
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 103115543240000140
Tax Legal Desc.: MADEIRA SHORES 1ST ADD LOT 14 & RIP RTS
Disclosures: Lead Paint, Other, Seller Property Disclosure
Section: 10
Range: 15
Listing courtesy of COASTAL PROPERTIES GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.