$675,000

15390 2nd St E Madeira Beach, FL 33708

Estimated payment $3,985/month

Total Views 208
3 Beds
3 Baths
2,138 Sq Ft
$316 Price per Sq Ft

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

Scott Bugna

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lone Palm Beach 5Th Add Subdivision

Building Details

  • Operating Expense $41,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,345

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2138
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1960
  • Lot Size Sq Ft: 6129
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 315.72
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: Walk-Up
  • MFR_DockYN: 0
  • Attribution Contact: 813-969-0301
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Living Area Meters: 198.63

Exterior Features

  • Exterior Features: Fence
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12103C0191H

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 09-31-15-52614-028-0080
  • Additional Parcels: No
  • Flood Zone Code: AE

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2
  • Est Annual Market Income: 136875.00

Tax Info

  • Tax Annual Amount: 5345
  • Tax Block: 28
  • Tax Book Number: 21-44
  • Tax Lot: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Stellar MLS

MLS Number: TB8439486

Stellar MLS