listing
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Residential Income
$3,700,000
14231 N Bayshore Drive
Madeira Beach, FL 33708
Courtesy of Century 21 Jim White & Assoc
MLS: Stellar MLS
7,500Sq Ft
Est. Mortgage
$19,199/mo

14231 and 14257 N. Bayshore Drive, Madeira Beach…12 apartment units (two buildings on 4 lots) situated on 160’ of wide open waterfront (facing east with spectacular sunrises) and just 1 block to the Gulf of Mexico!!! Variety of units (14231) One- 2/1 bath, four 1bd/1 bath, and two large studios, (14257) three 1 bd/1 bath, one 2 bd/1 bath (townhome) and 1 studio. There are 2 docks which can accommodate 4 boats (possible expansion to 8) and a swimming pool as well. Lot sizes total 18,000 sq.ft. mol and buildings approx.. 7,600 sq. ft.. all constructed in 1952 and 1957. 16 parking spaces…THIS PROPERTY IS BEING OFFERED AS A RE-DEVELOPMENT SITE AND WILL NOT BE SOLD BASED UPON INCOME AND EXPENSE HISTORY...Present zoning should permit 6 luxury town homes or possible convert to motel with seasonal tourist rental operation (original)....PLEASE SEE ATTACHMENT FOR EXPECTED REVENUE..

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