Gulf Shores 1st Add Real Estate

Gulf Shores 1st Add Real Estate

Welcome to Gulf Shores 1st Add., a picturesque subdivision nestled in the heart of Florida's stunning coastline. This charming community offers a unique blend of coastal living and suburban tranquility, making it an ideal location for families, retirees, and anyone seeking a relaxed lifestyle by the beach.

Gulf Shores 1st Add. boasts an array of beautiful homes, each designed to capture the essence of Florida's vibrant atmosphere. Whether you’re looking for a cozy cottage or a spacious family residence, you’ll find a variety of options that cater to diverse tastes and budgets. The well-maintained streets are lined with lush greenery and vibrant flowers, creating a welcoming environment for all residents.

One of the most appealing aspects of Gulf Shores 1st Add. is its proximity to Florida's stunning beaches. Just a short drive away, you can sink your toes into the soft, white sands and enjoy the warm, inviting waters of the Gulf of Mexico. Spend your days soaking up the sun, indulging in water sports, or exploring the charming local shops and eateries that dot the coastline.

In addition to its natural beauty, Gulf Shores 1st Add. offers a strong sense of community. Residents take pride in their neighborhood, frequently coming together for community events and gatherings that foster lasting friendships. With excellent schools, parks, and recreational facilities nearby, families will find everything they need for a fulfilling lifestyle.

Discover the charm of Gulf Shores 1st Add. – where coastal living meets community spirit. Come and experience the magic of this delightful Florida subdivision, and you may just find your dream home waiting for you!

Newest Listings in Gulf Shores 1st Add

$1,300,000
Gulf Shores 1st Add SubDv. 33708 Zip Code
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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