Madeira Beach Rental Cottages. Beach Access on each corner with designated and lighted crosswalks. Five income producing units currently exist on site with month-to-month tenants. Bungalow #1 is a 2 bedroom cottage with cathedral ceilings and fireplace. Bungalows #2 & #3 are Spanish style casitas, each with one bedroom, fireplace and attached garage. Units #4 & #5 are duplex apartments, each with 2 bedrooms, a porch, fireplace and attached garage. Listing price is appropriate for redevelopment and not reflective of net with current rental income. Current income could be increased with seasonal rentals. C3 Zoning allows for short term vacation rentals. Nearly 3/4 of an Acre of prime property ready for redevelopment. Survey, Zoning Package and current Income and Expense Summary available. Seller is also willing to share plans for a boutique hotel designed for this site.
Sold for $1,750,000
$1,750,000
15405 Gulf Blvd, Madeira Beach, FL 33708
--beds
0baths
3,722sqft
Multi-Family
Built in 1948
-- sqft lot
$1,584,400 Zestimate®
$470/sqft
$3,140 Estimated rent
Home value
$1,584,400
$1.43M - $1.76M
$3,140/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall, Electric
Cooling
- Wall
Features
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Structure area source: Public Records
- Total interior livable area: 3,722 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
Features
- Levels: One
- Has view: Yes
- View description: None
- Body of water: GULF OF MEXICO
Lot
- Size: 0.72 Acres
- Dimensions: 150x208
- Features: In City Limits, Near Public Transit, Street Paved, Sidewalk, Oversized Lot, Flood Insurance Required, FloodZone, Level/Flat
Details
- Additional structures: Shed(s)
- Parcel number: 093115525240050060
- Zoning: C3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Cable Connected, Sewer Connected, Street Lights, Water Connected
Community & neighborhood
Location
- Region: Madeira Beach
- Subdivision: LONE PALM BEACH
Other
Other facts
- Community Features: Sidewalk, Park, Public Boat Ramp, Community Boat Ramp
- Financial Data Source: Owner
- Levels: One
- Lot Features: In City Limits, Near Public Transit, Street Paved, Sidewalk, Oversized Lot, Flood Insurance Required, FloodZone, Level/Flat
- Tenant Pays: Electricity
- Utilities: Electricity Connected, Public, Cable Connected, Sewer Connected, Street Lights, Water Connected
- Heating: Electric, Wall Units / Window Unit
- Construction Materials: Wood Frame, Block
- Building Area Source: Public Records
- Parking Features: Assigned, Circular Driveway, Guest
- Water Access: Gulf/Ocean, Beach - Public
- Cooling: Wall/Window Unit(s)
- Property Sub Type: Multi-Family
- Property Type: Residential Income
- Roof: Shingle
- Flooring: Wood
- Exterior Features: Sidewalk
- Other Structures: Shed(s)
- Fireplace Features: Living Room
- Pool Private YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water View YN: 0
- Other Exemptions YN: 0
- Fireplace YN: 1
- Additional Parcels YN: 1
- Public Survey Range: 15
- Flood Zone Code: AE
- Water Access YN: 1
- Garage Dimensions: 12x20
- Year Built: 1948
- Public Survey Section: 09
- Water Body Name: GULF OF MEXICO
- New Construction YN: 0
- Attached Garage YN: 1
- Garage YN: 1
- Garage Spaces: 4
- Number Of Lots: 6
- Zoning: C3
- DPRYN: 0
- Planned Unit Development YN: 0
- Furnished: Unfurnished
- Sewer: Public Sewer
- Water Source: Public
- Minimum Lease: No Minimum
- Homestead YN: 0
- Subdivision Name: LONE PALM BEACH
- Tax Year: 2019
- Foundation Details: Slab, Crawlspace
- Total Acreage: 1/2 to less than 1
- Additional Water Information: Lighted Crosswalks to Public Beach Access at each corner.
- Annual Expenses: 41786
- Building Area Total: 5134.00
- Future Land Use: 0822
- Living Area: 3722.00
- Lot Size Dimensions: 150x208
- Tax Annual Amount: 12286.00
- Tax Legal Description: LOTS 6, LONE PALM BEACH BLK 5, 7 & 8 LESS RD R/W ON SW TOGETHER WITH UNPLATTED LAND TO NE DESC BEG MOST N'L, LONE PALM BEACH TH N40DE 100FT TH S50DE 150FT TH S40DW 100FT TH N50DW 150FT
- Tax Book Number: 19-99
- Parcel Number: 09-31-15-52524-005-0060
- Subdivision Num: 52524
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2025 | Sold | $1,750,000-20.5%$470/sqft |
Source: Public Record Report a problem | ||
| 4/22/2021 | Sold | $2,200,000$591/sqft |
Source: Public Record Report a problem | ||
| 1/8/2021 | Listing removed | -- |
Source:  Stellar MLS Report a problem | ||
| 8/28/2020 | Listed for sale | $2,200,000+528.6%$591/sqft |
Source: SMITH & ASSOCIATES REAL ESTATE #U8094360 Report a problem | ||
| 10/24/2000 | Sold | $350,000-9.1%$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $26,078 +1.6% | $1,649,160 +3.7% |
| 2023 | $25,671 -20.2% | $1,590,420 -19.7% |
| 2022 | $32,189 +155.2% | $1,980,000 +171.7% |
Find assessor info on the county website
Neighborhood: 33708
Nearby schools
GreatSchools rating
- 10/10Orange Grove Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 6/10Seminole Middle SchoolGrades: 6-8Distance: 3.4 mi
- 4/10Seminole High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Orange Grove Elementary-PN
- Middle: Seminole Middle-PN
- High: Seminole High-PN
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,584,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,584,400
- Florida
- Pinellas County
- Madeira Beach
- 33708
- 15405 Gulf Blvd