Active

$348,888

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1008 sq ft
Overview
  • ID: MFRTB8314417
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1008 sq ft
Property Details
Remarks
888 A truly unique parcel of land in Madeira Beach, located at 14067 Margarita Drive. This area has always been a prime location, and now, following the hurricane, demand for such properties is on the rise. The value of this land far exceeds the existing structure, making it especially appealing to investors. Currently priced approximately 30% below its appraised value (county appraised land at $498,826), this lot presents an excellent opportunity for real estate investment. Whether building a luxurious single-family home or a multi-family development, the potential is there. All inquiries regarding zoning, permits, and potential construction fall under the buyer’s responsibility, making due diligence with the city essential. A premier location, unmatched potential, and an unbeatable price make this an opportunity for serious investors looking to capitalize on one of Florida’s most prestigious waterfront communities. An exceptional opportunity for those who recognize the value of location and investment potential.888
Financial Considerations
Price:
$348,888
HOA Fee:
N/A
Tax Amount:
$5718.5
Price per SqFt:
$346.12
Tax Legal Description:
GULF SHORES 6TH ADD REPLAT BLK W 1, LOT 4
Exterior Features
Lot Size:
6451
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Other
Furnished:
No
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1948
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    14067 MARGUERITE DR
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