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Julia Vakulenko - Broker -

Front Note - Construction materials convey w/sale Kitchen area Primary bed Primary bath 2nd bed 2nd bath
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14067 MARGUERITE DR, MADEIRA BEACH, 33708



Property highlights

  • MLS#: TB8384767
  • 6,451.00 lot size Sq.Ft.
  • Year built: 1948
  • Listed: 05/11/2025
  • Taxes: $6,305.00

Property Overview

Investor's Dream in Madeira Beach - This oversized 6,451 sq ft lot (73 x 99) is located just one block from the beach in one of the most desirable areas of Madeira Beach. Zoned R-2, this parcel offers the rare opportunity to build a full duplex, making it ideal for both personal use and income generation. The existing structure is a 1,008 sq ft duplex built in 1948, ready for restoration or complete redevelopment. The property experienced its first-ever flood in recorded history, which now presents a unique clean-slate opportunity. All utilities — electric, water, and sewer — are already connected, saving time and development costs. The 2024 assessed land value is $498,826, highlighting the high appreciation and long-term equity potential in this location. What makes this property truly special is the deep and wide lot with space for multiple parking spots, a guest house, or lush outdoor living. The front exposure is wide and sunny, and the deep backyard has enough room for a tropical garden — complete with an established coconut palm already growing on the property. Zoning allows for a minimum rental period of 3 months, making this an ideal opportunity to cater to Snowbirds — seasonal residents looking to spend the winter months in paradise. This setup provides a fantastic opportunity for reliable rental income, potentially covering all ownership expenses while the value of the land continues to grow. Surrounded by A-rated schools, such as Orange Grove Elementary and Madeira Beach Fundamental K-8, and just minutes from the restaurants, nightlife, and charm of Gulf Boulevard, this property is perfect for a family home, vacation rental, or long-term investment. Cash buyers only. This isn’t just a lot — it’s a canvas for your vision, a base for future returns, and a place full of light, space, and possibility.

Driving directions : West from Tom Stuart Causeway; Left on Gulf Blvd to 140th Ave E, then left on Marguerite

Property Features

Rooms Dimension Description
Kitchen First level , Luxury Vinyl
Primary Bedroom First level , Luxury Vinyl
Living Room First level , Luxury Vinyl

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan

Appliances

  • Electric Water Heater
  • Microwave

Heating

  • Electric

Laundry features

  • None

Air Conditioning

  • Wall/Window Unit(s)

Floor Covering

  • Luxury Vinyl

Utilities

  • Cable Connected
  • Electricity Connected
  • Sewer Connected
  • Water Connected

Exterior features

  • Lighting
  • Other

Construction Materials

  • Block

Road Surface Type

  • Asphalt

Roof

  • Shingle

Foundation

  • Slab

Listing information courtesy of FOXTAIL REAL ESTATE

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Listing data comes from My Florida Regional MLS.