14067 Marguerite Dr Madeira Beach, FL 33708
Estimated payment $2,340/month
Total Views
6,005
2
Beds
2
Baths
1,008
Sq Ft
$325
Price per Sq Ft
Highlights
- Open Floorplan
- No HOA
- Accessible Approach with Ramp
- Orange Grove Elementary School Rated A
- Living Room
- Luxury Vinyl Tile Flooring
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,305
Year Built
- Built in 1948
Lot Details
- 6,451 Sq Ft Lot
- South Facing Home
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,008 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Living Room
- Luxury Vinyl Tile Flooring
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Approach with Ramp
- Exterior Lighting
Community Details
- No Home Owners Association
- Gulf Shores 6Th Add Rep Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 4 / W
- Assessor Parcel Number 10-31-15-34452-231-0040
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Price Changed | $328,000 | -3.0% | $325 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $338,000 | +87.8% | $335 / Sq Ft |
| 07/05/2018 07/05/18 | Sold | $180,000 | -7.7% | $179 / Sq Ft |
| 03/28/2018 03/28/18 | Pending | -- | -- | -- |
| 02/27/2018 02/27/18 | For Sale | $195,000 | -- | $193 / Sq Ft |
Source: Stellar MLS
Similar Homes in Madeira Beach, FL
Source: Stellar MLS
MLS Number: TB8384767
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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