14156 NORTH BAYSHORE DR MADEIRA BEACH FL 33708 MLS #U8232330

14156 NORTH BAYSHORE DR
MADEIRA BEACH, FL, 33708
$1,250,000
Beds
0 Baths
2,700 SqFt
0.14 Acres
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Welcome to your coastal paradise * MOTIVATED SELLERS*
This breathtaking Madeira Beach triplex is a rental investor’s dream, offering an exceptional blend of luxurious living, beachside convenience, and lucrative income potential. Positioned just a short stroll from the beach, this property presents an ideal backdrop for those seeking the ultimate sun-soaked lifestyle combined with unique rental opportunities.
Atop the triplex, a spacious 4-bedroom, 2-bathroom unit awaits, catering perfectly to families in search of a cozy retreat. Meanwhile, the ground floor features two distinct one-bedroom units, each complete with its own bathroom and laundry. This versatile arrangement opens doors to various possibilities, whether accommodating extended family, generating rental income, or creating a dedicated home office space.
The highlight of the property is the inviting pool, setting the stage for a resort-like ambiance where tenants can relax and soak up the sun. This triplex isn’t just a residence; it’s a complete lifestyle package, offering the perfect fusion of solitude, amenities, and rejuvenation.
Currently, the bottom two units are leased on annual terms, while the top unit serves as a seasonal rental. With a robust rental history and the potential for lucrative short-term rental income, this property presents an enticing investment opportunity.
Don’t miss your chance to own this exceptional property that seamlessly marries the tranquility of beach living with the allure of a meticulously designed home, all while offering unparalleled rental potential.

Property Details

Price:
$1,250,000
MLS #:
U8232330
Status:
Active
Beds:
0
Baths:
0
Address:
14156 NORTH BAYSHORE DR
Type:
Multi Family
Subtype:
Triplex
Subdivision:
GULF SHORES 1ST ADD
City:
MADEIRA BEACH
Listed Date:
Feb 29, 2024
State:
FL
Finished Sq Ft:
2,700
ZIP:
33708
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1945
Units:
3
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Schools

Interior

Cooling
Central Air
Heating
Central
Laundry Features
Inside, Outside

Exterior

Construction Materials
Block, Wood Frame
Exterior Features
Fenced, Outdoor Grill, Outdoor Shower, Private Mailbox, Rain Gutters, Storage
Roof
Shingle

Financial

Buyer Agent Compensation
2%-375%
Tax Year
2023
Taxes
$9,563

Map

Community

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14156 NORTH BAYSHORE DR
MADEIRA BEACH, FL