Under contract-accepting backup offers. Prime Coastal Redevelopment Opportunity – 7-Unit Multifamily
Rare opportunity in the heart of Madeira Beach just ½ block to public beach access. This 100’ x 93’ lot (approx.) offers excellent frontage and redevelopment potential in a highly desirable coastal market.
The existing 7-unit multifamily property sustained hurricane and flood damage and is being sold as-is for land value. The current structures require complete renovation or redevelopment. Historically operated as long-term rental apartments, this site is ideally suited for rebuilding a new income-producing multifamily property (buyer to verify zoning, density, and building requirements).
Located just minutes from John’s Pass Village & Boardwalk, with convenient access to dining, shopping, and Gulf waters, the property benefits from strong and consistent demand for long-term coastal rentals.
Highlights:
100’ frontage x 93’ depth (approx.)
½ block to public beach access
Zoned/used as 7-unit multifamily
Storm-damaged – redevelopment required
Sold as-is for land value
Long-term rental use (no short-term rental representation)
High-demand beachside location
Ideal for investor, builder, or developer
A rare chance to secure a multifamily redevelopment site in one of Pinellas County’s most sought-after beach communities.