Description
This Madeira Beach duplex offers a strong value-add opportunity in a high-demand coastal rental market with excellent pro-forma income potential. Each unit is a 1-bedroom, 1-bath layout, and based on recent area comparables, fully renovated units in this neighborhood can command approximately $1,800 a month per side. This positions the property for a projected gross annual income of roughly $43,000 after renovation. The structure is block-on-slab with a duplex configuration plus a detached garage that includes an additional bathroom, offering potential for added storage, workspace, or possible future income uses subject to zoning and permitting. The roofs are approximately nine years old and in good condition. The property experienced flooding during Hurricane Helene and has not been rebuilt since. This setup allows a new owner to complete improvements to their preferred standard and maximize rental income. Property is being sold as-is.
Address
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Address: 14140 E PARSLEY DRIVE
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City: Madeira Beach
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State/county: FL
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Zip/Postal Code: 33708
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Country: US
Details
Atualizado em fevereiro 7, 2026 no 2:30 pm-
Property ID TB8450741
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Price $299,000
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Property Size 1768 m²
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Land Area 0.16 m²
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Bedrooms 2
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Bathrooms 2
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Garage 1
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Garage Size x x
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Year Built 1948
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Property Type Duplex, Residential Income
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Property Status Closed, For Sale
Additional details
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Listing Terms Cash
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Roof Shingle
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Utilities Sewer Available,Water Available
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Sewer Public Sewer
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Cooling None
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Heating None
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County Pinellas
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Property Type Residential Income
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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Monthly HOA Fees