Gulf Shores 1st Add Homes with Stucco Exterior Construction

Gulf Shores 1st Add Homes with Stucco Exterior Construction

Welcome to Gulf Shores 1st Add, a hidden gem nestled in the heart of Florida's picturesque coastline. This charming subdivision offers a unique blend of coastal living and suburban comfort, making it an ideal choice for families, retirees, and anyone looking to embrace the laid-back Florida lifestyle.

Gulf Shores 1st Add is renowned for its stunning homes, many of which feature elegant stucco exterior construction. This choice of material not only enhances the aesthetic appeal of the residences but also provides durability and low maintenance, perfect for the coastal climate. The stucco exteriors are often adorned with vibrant colors and intricate architectural details, creating a welcoming atmosphere that reflects the sunny disposition of the Sunshine State.

The community is conveniently located near beautiful beaches, allowing residents to soak in the sun and enjoy the soothing sounds of the ocean. With an array of recreational activities, from water sports to nature trails, Gulf Shores 1st Add is a haven for outdoor enthusiasts. The nearby parks and playgrounds make it a family-friendly environment, while the local shops and restaurants add to the vibrant community spirit.

In addition to its prime location and stunning homes, Gulf Shores 1st Add boasts a strong sense of community. Neighbors become friends, and local events foster connections, creating a warm and inviting atmosphere for all residents. If you're seeking a place that combines beautiful homes with a friendly community and endless opportunities for adventure, look no further than Gulf Shores 1st Add. Come explore your future home in this delightful Florida enclave!

Newest Gulf Shores 1st Add Homes with Stucco Exterior Construction

$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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