14200 E Parsley Drive, MADEIRA BEACH, FL 33708
Local realty services provided by:Better Homes and Gardens Real Estate Synergy



Listed by:liz barrett
Office:lizard realty
MLS#:TB8405015
Source:MFRMLS
Price summary
- Price:$499,950
- Price per sq. ft.:$235.6
About this home
UP & COMING MADEIRA BEACH!!! Buy now while town rebuilding - will be PRIME destination!
SELLING BLDG AS -IS from Hurricanes - up to new buyers to remodel, raise up, or build new! (check with City of Madeira Beach for details)
GREAT INVESTMENT! WAS CONTINUALLY RENTED SINCE 2011. Just 5 blocks to beach! "Villas by the Sea" was beachside community of three Villas. A truly unique property, the tenants loved the extra privacy - Each villa has its own private entrance, parking spaces, outdoor patio area separated by building's layout and tropical palms borders. Projected rent = Villa #1 - 1BR+den/1BA $1950/month, Villa #2 -2BR/1BA $2200/month includes 1 car garage, Villa #3 - 1BR/1BA $1750/month. Laundry room with COIN OPERATED WASHER & DRYER brought in extra income as well!
BLDG has been vacant since hurricanes.
HISTORY of triplex was a VERY successful rental for over 15 years - tenants loved it, private patios, pet friendly, parking right by each villa!
APPROVED BUILD 3 UNITS in writing from City of Madeira Beach! GREAT OPPORTUNITY - CORNER LARGE LOT - ALMOST 1/3 of an ACRE - Some water views at various elevations! see photos due to repeat flooding of building, being sold As-Is for land value only. BLDG is concrete block and newer roof - had flooding only. ZONING 6 month minimum rental. NOTE - property line runs thru about center of 2 car garage - see survey. Community "Elks Club" across street, enjoy waterfront pool, clubhouse, dinner/drink specials, boat dock rentals for a small annual fee. Enjoy charming Madeira Beach! Great beach community features waterfront parks, tennis / pickleball courts, leash free dog park, baseball fields, basketball courts, kids water splash play area, Marina, outdoor concert area on waterfront, fishing piers plus many public beach & intracoastal park accesses. "Mad Beach" has so much to offer with that small beach town feel.
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Home facts
- Year built:1948
- Listing Id #:TB8405015
- Added:37 day(s) ago
- Updated:August 14, 2025 at 11:37 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Living area:1,822 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:1,822 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$499,950
- Price per sq. ft.:$235.6
- Tax amount:$7,995 (2023)
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