Listing Details for MLS #TB8454591
14117 Palm Street, Madeira Beach, Fl

Residential Property - Single Family Residence in Madeira Beach

Listing Price: $320,000 (Mortgage Calculator →)Days on Market: 114

Description of Property

PRICE IMPROVEMENT – Incredible opportunity in a prime Madeira Beach location just steps from the Gulf of Mexico. This property sustained significant flood damage during last year’s storm and the home is being sold in its current condition. The extent of the damage may require a full renovation or possible tear-down for new construction. Buyers are advised to conduct their own due diligence with the city, county, and any licensed contractors regarding rebuilding options, FEMA requirements, and current building codes. The existing structure previously featured two bedrooms, bonus room/study room, one and a half baths, multiple living areas, a detached one-car garage, and a fenced backyard with patio space. The home's interior, mechanical systems, and finishes were impacted by flooding and will need evaluation. The lot itself offers an exceptional setting in one of the most desirable pockets of Madeira Beach, only a short stroll to the sand, the Intracoastal Waterway, Caddy’s beachfront dining, and nearby shopping and attractions including John’s Pass. This property is now competitively priced according to condition and provides a rare opportunity to create or build your ideal coastal retreat. Sold as-is with the right to inspect. Buyer to verify all building, zoning, and restoration or redevelopment possibilities. If you'd like, I can also give you a slightly more aggressive investor-focused version.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $523,285. This single family residence is listed at about 61% of the average asking price. There are 3 2 bedroom/1 bath homes between $200,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »