Gulf Shores 1st Add Real Estate

Gulf Shores 1st Add Real Estate

Welcome to Gulf Shores 1st Add., a charming subdivision located in the sunny state of Florida. This picturesque community offers the perfect blend of coastal living and modern convenience, making it an ideal place to call home.

Situated in the heart of the Sunshine State, Gulf Shores 1st Add. boasts easy access to pristine beaches, vibrant local attractions, and a thriving real estate market. Whether you're looking for a relaxing beach retreat or a permanent residence near the water, this subdivision has something for everyone.

Residents of Gulf Shores 1st Add. enjoy a laid-back lifestyle with plenty of opportunities for outdoor recreation. From water sports and fishing to dining and shopping, there is no shortage of things to see and do in this vibrant community.

With a variety of housing options to choose from, including single-family homes and waterfront properties, Gulf Shores 1st Add. offers something for every taste and budget. Whether you're a first-time homebuyer or a seasoned investor, this subdivision has the perfect home for you.

Come and discover the beauty and charm of Gulf Shores 1st Add. in Florida. Experience the best of coastal living in this thriving community, where every day feels like a vacation. Live the life you've always dreamed of in Gulf Shores 1st Add.

Newest Listings in Gulf Shores 1st Add

$1,300,000
Gulf Shores 1st Add SubDv. 33708 Zip Code TB8516347 MLS Active Status
Located in the heart of Madeira Beach, FL, just one block from the Gulf beaches, 14135 Palm Street presents a rare opportunity to acquire a fully updated 5-unit income-producing property in one of the most desirable beach communities along Florida's Gulf Coast. This solid block construction 5-plex consists of five well-designed 1-bedroom, 1-bathroom units with ample on-site parking, offering strong appeal to both long-term and seasonal tenants. What truly sets this property apart is its extensive hurricane-resilient construction and post-storm preparedness improvements. The building successfully withstood the major storms of 2024, demonstrating the quality and durability of the upgrades completed. Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures designed to minimize future storm vulnerability and maintenance concerns. In addition, the property features a newer roof, and all restoration and improvement work has been fully permitted and completed, providing added confidence for investors and lenders alike. The property offers flexible rental opportunities including annual rentals, seasonal leasing, workforce housing, or furnished beach rentals, creating multiple paths for maximizing income potential. With an attractive CAP rate, investors can benefit from both strong current cash flow and long-term appreciation in a highly supply-constrained beach market. Tenants will enjoy exceptional walkability and convenience. The property is located near Gulf Boulevard with easy access to the Pinellas Suncoast Transit Authority trolley and bus routes connecting residents to surrounding beach communities, downtown St. Petersburg, and area attractions. Nearby shopping, dining, and entertainment options include the popular John's Pass Village & Boardwalk, local restaurants, waterfront bars, grocery stores, marinas, and recreational activities including boating, fishing, and beach access. The location also provides convenient access to Treasure Island, Redington Beach, and the greater Tampa Bay area. This is an outstanding opportunity to own a proven storm-resilient multifamily asset in a premier coastal location with strong rental demand, attractive projected returns, and lasting tenant appeal.

14135 Palm Street, Madeira Beach

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