14117 PALM STREET at

14117 PALM STREET

For sale Days on market 64

$345,000

$369/sq ft

$15,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1938

Garage

Sqft

936

Property Type

Single Family Residence

Property Description

PRICE IMPROVEMENT – Incredible opportunity in a prime Madeira Beach location just steps from the Gulf of Mexico. This property sustained significant flood damage during last year’s storm and the home is being sold in its current condition. The extent of the damage may require a full renovation or possible tear-down for new construction. Buyers are advised to conduct their own due diligence with the city, county, and any licensed contractors regarding rebuilding options, FEMA requirements, and current building codes. The existing structure previously featured two bedrooms, bonus room/study room, one and a half baths, multiple living areas, a detached one-car garage, and a fenced backyard with patio space. The home's interior, mechanical systems, and finishes were impacted by flooding and will need evaluation. The lot itself offers an exceptional setting in one of the most desirable pockets of Madeira Beach, only a short stroll to the sand, the Intracoastal Waterway, Caddy’s beachfront dining, and nearby shopping and attractions including John’s Pass. This property is now competitively priced according to condition and provides a rare opportunity to create or build your ideal coastal retreat. Sold as-is with the right to inspect. Buyer to verify all building, zoning, and restoration or redevelopment possibilities. If you'd like, I can also give you a slightly more aggressive investor-focused version.

Property Details

MLS#

TB8454591

Garage

Total Floor in Bldg

Address

14117 PALM

City

MADEIRA BEACH

State/county

Zip/Postal Code

33708

Area

Gulf Shores 1st Add

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,863

Maint Fee

$--

Tax Year

2024

None

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