Gulf Shores 1st Add Homes with 5+ Car Carport Garage Description

Welcome to Gulf Shores 1st Add, a charming subdivision nestled in the heart of Madeira Beach, Florida. This delightful community is perfectly situated in Pinellas County, where the sun shines brightly and the coastal lifestyle thrives. With its close proximity to the shimmering Gulf of Mexico, residents enjoy the best of beach living, from serene sunrises to vibrant sunsets.

Gulf Shores 1st Add is known for its inviting atmosphere and friendly neighbors, making it an ideal place for families and retirees alike. The subdivision features a variety of homes, but one standout characteristic is the abundance of properties equipped with 5+ car carport garages. These spacious garages offer not only ample parking for multiple vehicles but also provide the perfect space for hobbies, storage, or even a workshop. Whether you’re a car enthusiast, a DIY aficionado, or simply need extra room for your outdoor gear, these homes cater to your needs with style and functionality.

The community is also conveniently located near local amenities, including shops, restaurants, and recreational facilities. With easy access to pristine beaches, parks, and walking trails, residents can indulge in a variety of outdoor activities, from fishing and boating to leisurely strolls along the shore.

If you’re searching for a home that combines coastal charm with practical living, Gulf Shores 1st Add is the perfect place to call home. Experience the beauty of Madeira Beach and the convenience of spacious living—your dream home awaits!

$1,300,000

5 Beds ⋅ 5 Baths ⋅ Gulf Shores 1st Add SubDv. ⋅ 33708 Zip Code

Located in the heart of Madeira Beach, FL, just one block from the Gulf beaches, 14135 Palm Street presents a rare opportunity to acquire a fully updated 5-unit income-producing property in one of the most desirable beach communities along Florida?s Gulf Coast. This solid block construction 5-plex consists of five well-designed 1-bedroom, 1-bathroom units with ample on-site parking, offering strong appeal to both long-term and seasonal tenants. What truly sets this property apart is its extensive hurricane-resilient construction and post-storm preparedness improvements. The building successfully withstood the major storms of 2024, demonstrating the quality and durability of the upgrades completed. Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures designed to minimize future storm vulnerability and maintenance concerns. In addition, the property features a newer roof, and all restoration and improvement work has been fully permitted and completed, providing added confidence for investors and lenders alike. The property offers flexible rental opportunities including annual rentals, seasonal leasing, workforce housing, or furnished beach rentals, creating multiple paths for maximizing income potential. With an attractive CAP rate, investors can benefit from both strong current cash flow and long-term appreciation in a highly supply-constrained beach market. Tenants will enjoy exceptional walkability and convenience. The property is located near Gulf Boulevard with easy access to the Pinellas Suncoast Transit Authority trolley and bus routes connecting residents to surrounding beach communities, downtown St. Petersburg, and area attractions. Nearby shopping, dining, and entertainment options include the popular John's Pass Village & Boardwalk, local restaurants, waterfront bars, grocery stores, marinas, and recreational activities including boating, fishing, and beach access. The location also provides convenient access to Treasure Island, Redington Beach, and the greater Tampa Bay area. This is an outstanding opportunity to own a proven storm-resilient multifamily asset in a premier coastal location with strong rental demand, attractive projected returns, and lasting tenant appeal.

14135 Palm Street, Madeira Beach

Gulf Shores 1st Add Homes with 5+ Car Carport Garage Description

Newest Gulf Shores 1st Add Homes with 5+ Car Carport Garage Description