$300,000

$321/sq ft

$60,000
Price Decreased

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Overview

Bedroom

2

Bath

1

Year Built

1938

Garage

1

Sqft

936

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. $20,000 PRICE IMPROVEMENT — Exceptional opportunity in a highly desirable Madeira Beach location just steps from the Gulf of Mexico. This property sustained flood damage during last year’s storm and is being sold strictly in its current condition. Due to the extent of the damage, the home may require substantial renovation or could present an ideal tear down and new construction opportunity. Buyers are encouraged to perform their own due diligence with the city, county, FEMA guidelines and licensed contractors regarding rebuilding options permitting requirements, elevation standards, and current building codes. Prior to the storm the home featured two bedrooms a bonus/study room one and a half baths multiple living areas a detached one-car garage, and a fenced backyard with patio space. The home was equipped with hurricane impact windows prior to the storm. Flooding impacted the interior, mechanical systems, and finishes, all of which will require further evaluation. The true value lies in the outstanding location nestled in one of Madeira Beach’s most sought after neighborhoods and within walking distance to the beach, Intracoastal Waterway, Caddy’s beachfront dining, local shops, and the attractions of John’s Pass. Competitively priced to reflect current condition, this property offers a rare chance to renovate or build your dream coastal getaway. Sold as-is with the right to inspect. Buyer to verify all zoning, building, restoration, and redevelopment possibilities.

Property Details

MLS#

TB8454591

Garage

1

Total Floor in Bldg

1

Address

14117 PALM

City

MADEIRA BEACH

State/county

FL

Zip/Postal Code

33708

Area

Gulf Shores 1st Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,863

Maint Fee

$--

Tax Year

2024

None

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Boris Gelfand