14067 Marguerite Drive, MADEIRA BEACH, FL 33708
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14067 Marguerite Drive,MADEIRA BEACH, FL 33708
$328,000
- 2 Beds
- 2 Baths
- 1,008 sq. ft.
- Single family
- Pending
Listed by:greg burney
Office:foxtail real estate
MLS#:TB8384767
Source:MFRMLS
Price summary
- Price:$328,000
- Price per sq. ft.:$325.4
About this home
Investor's Dream in Madeira Beach - This oversized 6,451 sq ft lot (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R-2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment. The property experienced its first-ever flood in recorded history, which now presents a unique clean-slate opportunity. All utilities — electric, water, and sewer — are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long-term equity potential in this location. What makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden — complete with an established coconut palm already growing on the property. Zoning allows for a minimum rental period of 3 months, making this an ideal opportunity to cater to Snowbirds — seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow. Surrounded by A-rated schools, such as Orange Grove Elementary and Madeira Beach Fundamental K-8, and just minutes from the restaurants, nightlife, and charm of Gulf Boulevard, this property is perfect for a family home, vacation rental, or long-term investment. Cash buyers only. This isn’t just a lot — it’s a canvas for your vision, a base for future returns, and a place full of light, space, and possibility.
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Home facts
- Year built:1948
- Listing Id #:TB8384767
- Added:95 day(s) ago
- Updated:August 14, 2025 at 07:47 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,008 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:1,008 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$328,000
- Price per sq. ft.:$325.4
- Tax amount:$6,305 (2024)
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