231 E MADEIRA AVENUE

$895,000

$810/sq ft

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Overview

Bedroom

3

Bath

2

Year Built

1950

Sqft

1105

Property Type

Single Family Residence

Property Description

Experience the ultimate coastal lifestyle in this beautifully updated waterfront home in Madeira Beach! Perfectly situated on a deep-water canal with direct access to Boca Ciega Bay, this property blends modern upgrades, flexible living space, and true Florida boating convenience. The main home offers 2 bedrooms and 1 full bath, featuring a bright open layout, stylish finishes, and a completely remodeled kitchen with quartz countertops, stainless-steel appliances, and coastal-inspired design. A separate private-entry guest suite (studio-style) with its own full bath provides the perfect setup for visiting family, guests, or an additional income opportunity. Enjoy outdoor living at its best — relax on the spacious waterfront patio, fish from your dock, or take your boat out from the private lift and slip for a sunset cruise across Boca Ciega Bay. The property also offers excellent rental potential, previously generating approximately $4,800 per month for the main home and $1,000 per month for the guest suite prior to the hurricanes. This makes it an outstanding opportunity for those seeking a waterfront investment or seasonal income property. Recent updates include newer roof, windows, doors, flooring, kitchen, baths, and mechanicals — all the big-ticket items have been done. The home is being sold unfurnished, providing a clean slate to personalize your own coastal retreat. Located just minutes from Madeira Beach’s famous white sands, restaurants, shops, and John’s Pass Village, this home offers both lifestyle and long-term value. Whether you’re looking for a full-time coastal home, vacation retreat, or investment property, this one checks all the boxes!

Property Details

MLS#

TB8445852

Address

231 MADEIRA E

City

MADEIRA BEACH

State/county

FL

Zip/Postal Code

33708

Area

North Madeira Shores

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,909

Maint Fee

$--

Tax Year

2025

Dishwasher

Dryer

Microwave

Range

Refrigerator

Washer

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Boris Gelfand