Property Description

Under contract-accepting backup offers. Prime Coastal Redevelopment Opportunity - 7-Unit MultifamilyRare opportunity in the heart of Madeira Beach just 1/2 block to public beach access. This 100' x 93' lot (approx.) offers excellent frontage and redevelopment potential in a highly desirable coastal market.The existing 7-unit multifamily property sustained hurricane and flood damage and is being sold as-is for land value. The current structures require complete renovation or redevelopment. Historically operated as long-term rental apartments, this site is ideally suited for rebuilding a new income-producing multifamily property (buyer to verify zoning, density, and building requirements).Located just minutes from John's Pass Village & Boardwalk, with convenient access to dining, shopping, and Gulf waters, the property benefits from strong and consistent demand for long-term coastal rentals.Highlights:100' frontage x 93' depth (approx.)1/2 block to public beach accessZoned/used as 7-unit multifamilyStorm-damaged - redevelopment requiredSold as-is for land valueLong-term rental use (no short-term rental representation)High-demand beachside locationIdeal for investor, builder, or developerA rare chance to secure a multifamily redevelopment site in one of Pinellas County's most sought-after beach communities.