Exceptional, fully approved development opportunity at 13495 Gulf Blvd in Madeira Beach, ready for immediate construction of a boutique condo-hotel in a prime, high-demand coastal location. The project includes 8 residential units—six 2-bedroom units and two larger 3-bedroom units—each with dedicated parking, along with approximately 5,500 sq ft of commercial space featuring a ground-level restaurant and rooftop bar with Gulf views. Permitted for nightly rentals, this property offers strong shortterm income potential and long-term value, plus added appeal with pet-friendly amenities. The site also allows for interim income opportunities, such as parking or an ice vending setup, while preparing for development.
Financial Considerations
Price:
$1,900,000
HOA Fee:
N/A
Tax Amount:
$13857.61
Price per SqFt:
$186.33
Tax Legal Description:
MITCHELL'S BEACH REVISED BLK 10, LOTS 8 THRU 10 LESS RD R/W PER O.R.'S 4355/231 & 4426/1135