15390 2nd St E Madeira Beach, FL 33708
Estimated payment $3,985/month
Highlights
- Open Floorplan
- No HOA
- Fenced
- Orange Grove Elementary School Rated A
- Central Heating and Cooling System
- 2-minute walk to R.O.C. Park
About This Home
Discover one of the most versatile and profitable properties on Madeira Beach — a true duplex located in the city’s premier short-term rental zoning district, allowing nightly rentals with no minimum stay requirements (buyer to verify with City of Madeira Beach).
Just steps from both the Gulf of Mexico and the Intracoastal Waterway, this property offers exceptional income potential and flexibility. Operate as two separate vacation rentals, live in one unit and rent the other, or hold as a great investment in one of the most walkable and desirable locations on the island.
Each unit features open concepts, private entries, and outdoor living areas perfect for guests. Additional highlights include ample parking and an unbeatable location — walkable to the beach, local park, library, grocery store, bars, restaurants, and Intracoastal.
With strong short-term rental demand year-round and top-tier zoning flexibility, this duplex stands out as an exceptional opportunity for investors or owner-occupants seeking income, appreciation, and coastal convenience in Madeira Beach’s best location.
Highlights:
Located in Madeira Beach’s top STR zoning district (nightly rentals permitted)
Two self-contained units — ideal for Airbnb/VRBO or personal use
Steps to the sand and minutes to John’s Pass Village
Bright interiors, outdoor spaces, and ample parking
Walkable to beach, park, library, grocery store, bars, restaurants, and Intracoastal
Proven rental area with strong occupancy and ROI potential
Listing Agent
ARGO GROUP PROPERTIES LLC Brokerage Phone: 813-969-0301 License #3287796 Listed on: 10/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,345
Year Built
- Built in 1960
Lot Details
- 6,129 Sq Ft Lot
- Fenced
Parking
- 2 Carport Spaces
Home Design
- Duplex
- Slab Foundation
- Membrane Roofing
- Block Exterior
Interior Spaces
- 2,138 Sq Ft Home
- Open Floorplan
- Walk-Up Access
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 8 / 28
- Assessor Parcel Number 09-31-15-52614-028-0080
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lone Palm Beach 5Th Add Subdivision
Building Details
- Operating Expense $41,062
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | For Sale | $675,000 | -- | $316 / Sq Ft |
Source: Stellar MLS
MLS Number: TB8439486
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