Gulf Shores 1st Add Homes with Bay View Water Frontage

Welcome to Gulf Shores 1st Add, a hidden gem nestled in the charming city of Hudson, Florida, within the picturesque Pasco County. This delightful subdivision offers an idyllic blend of coastal living and serene suburban charm, making it the perfect place to call home.

Imagine waking up each morning to the soothing sounds of the water and the breathtaking views of the bay right from your doorstep. Homes in Gulf Shores 1st Add boast stunning bay view waterfrontage, allowing residents to enjoy the beauty of nature at its finest. Whether you're sipping your morning coffee on the patio or hosting a sunset gathering with friends, the mesmerizing scenery is sure to elevate your lifestyle.

The community is characterized by its friendly atmosphere, where neighbors become friends and families thrive. With convenient access to local amenities, including shopping, dining, and recreational activities, you'll find everything you need just a stone's throw away. For those who enjoy outdoor adventures, the nearby parks and waterfront activities provide endless opportunities for fishing, kayaking, and leisurely strolls along the shoreline.

Gulf Shores 1st Add is not just a place to live; it's a lifestyle. Embrace the tranquility of waterfront living while being close to the vibrant culture and attractions that Hudson has to offer. Whether you’re looking to invest in a primary residence or a vacation home, this subdivision promises a unique living experience that combines the best of Florida's coastal charm with the comforts of home. Discover the magic of Gulf Shores 1st Add, where your dream home awaits!

Newest Gulf Shores 1st Add Homes with Bay View Water Frontage

$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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