$299,000 for Sale
14140 e parsley drive , madeira beach, FL 33708
| Beds 2 | Baths 2 | 1,008 Sqft | 0.16 Acres |
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Property 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.
General Information
Sale Price: $299,000
Price/SqFt: $297
Status: Active
MLS#: TB8450741
City: madeira beach
Post Office: madeira beach
County: Pinellas
Subdivision: gulf shores 6th add rep
Acres: 0.16
Lot Dimensions: 79 x 85
Bedrooms:2
Bathrooms:2
House Size: 1,008 sq.ft.
Acreage: 0.16 est.
Year Built: 1948
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Paved
Construction: Block
Exterior Misc: Private Entrance
Basement: No
Foundation : Slab
Cooling: None
Heating: None
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,718
Legal Description: GULF SHORES 6TH ADD REPLAT BLK W 1, LOT 7

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Jimmy Culler Jr. of EASY HOME SALES, Phone: 727-201-8964