14140 E PARSLEY DRIVE, Madeira Beach, FL, 33708
2 beds
1948
1,008 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
In Garage
Units:
2
Subdivision:
GULF SHORES 6TH ADD REP
Garage:
1-car
Heating:
None
Cooling:
None
Lot Size:
79 x 85
Acreage:
0.16
Est. Taxes:
$7,718
Construction
Block
Utilities
Sewer Available, Water Available
Days on Market:
1
MLS #:
TB8450741
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of EASY HOME SALES 727-201-8964