Under contract-accepting backup offers. Prime Coastal Redevelopment Opportunity – 7-Unit Multifamily Rare opportunity in the heart of Madeira Beach just ½ block to public beach access. This 100’ x 93’ lot (approx.) offers excellent frontage and redevelopment potential in a highly desirable coastal market. The existing 7-unit multifamily property sustained hurricane and flood damage and is being sold as-is for land value. The current structures require complete renovation or redevelopment. Historically operated as long-term rental apartments, this site is ideally suited for rebuilding a new income-producing multifamily property (buyer to verify zoning, density, and building requirements). Located just minutes from John's Pass Village & Boardwalk, with convenient access to dining, shopping, and Gulf waters, the property benefits from strong and consistent demand for long-term coastal rentals. Highlights: 100’ frontage x 93’ depth (approx.) ½ block to public beach access Zoned/used as 7-unit multifamily Storm-damaged – redevelopment required Sold as-is for land value Long-term rental use (no short-term rental representation) High-demand beachside location Ideal for investor, builder, or developer A rare chance to secure a multifamily redevelopment site in one of Pinellas County’s most sought-after beach communities.

Listing courtesy of REAL BROKER, LLC (727) 458-3463



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Last checked: 2026-04-22 09:25 AM EDT