14067 MARGUERITE DRIVE MADEIRA BEACH FL 33708 MLS #TB8384767

14067 MARGUERITE DRIVE
MADEIRA BEACH, FL, 33708
$328,000
2 Beds
2 Baths
1,008 SqFt
0.15 Acres
Add
Investor’s Dream in Madeira Beach – This oversized 6,451 sq ft lot (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R-2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment. The property experienced its first-ever flood in recorded history, which now presents a unique clean-slate opportunity. All utilities — electric, water, and sewer — are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long-term equity potential in this location. What makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden — complete with an established coconut palm already growing on the property. Zoning allows for a minimum rental period of 3 months, making this an ideal opportunity to cater to Snowbirds — seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow. Surrounded by A-rated schools, such as Orange Grove Elementary and Madeira Beach Fundamental K-8, and just minutes from the restaurants, nightlife, and charm of Gulf Boulevard, this property is perfect for a family home, vacation rental, or long-term investment. Cash buyers only. This isn’t just a lot — it’s a canvas for your vision, a base for future returns, and a place full of light, space, and possibility.

Property Details

Price:
$328,000
MLS #:
TB8384767
Status:
Active
Beds:
2
Baths:
2
Address:
14067 MARGUERITE DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GULF SHORES 6TH ADD REP
Neighborhood:
33708 – St Pete/Madeira Bch/N Redington Bch/Shores
City:
MADEIRA BEACH
Listed Date:
May 11, 2025
State:
FL
Finished Sq Ft:
1,008
Total Sq Ft:
1,008
ZIP:
33708
Lot Size:
6,451 sqft / 0.15 acres (approx)
Year Built:
1948
Ask a Question

See this Listing

Send
  

Clarence Hasenbeck

Clarence Hasenbeck

Realtor®

Phone 727 492-9846

More About Clarence

Mortgage Calculator

 

Schools

Interior

Appliances
Electric Water Heater, Microwave
Bathrooms
2 Full Bathrooms
Cooling
Wall/ Window Unit(s)
Flooring
Luxury Vinyl
Heating
Electric
Laundry Features
None

Exterior

Construction Materials
Block
Exterior Features
Lighting, Other
Roof
Shingle

Financial

Tax Year
2024
Taxes
$6,305

Map

Community

Similar Listings Nearby

broker reciprocity Courtesy of FOXTAIL REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Internet Data Exchange (IDX) Program of Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Clarence Hasenbeck include the name of the listing broker. Neither the listing company nor Clarence Hasenbeck shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
Rover IDX
14067 MARGUERITE DRIVE
MADEIRA BEACH, FL