231 E Madeira Ave Madeira Beach, FL 33708
Estimated payment $5,279/month
Highlights
- Very Popular Property
- 90 Feet of Waterfront
- Access To Intracoastal Waterway
- Orange Grove Elementary School Rated A
- Dock has access to electricity and water
- Intracoastal View
About This Home
Experience the ultimate coastal lifestyle in this beautifully updated waterfront home in Madeira Beach! Perfectly situated on a deep-water canal with direct access to Boca Ciega Bay, this property blends modern upgrades, flexible living space, and true Florida boating convenience. The main home offers 2 bedrooms and 1 full bath, featuring a bright open layout, stylish finishes, and a completely remodeled kitchen with quartz countertops, stainless-steel appliances, and coastal-inspired design. A separate private-entry guest suite (studio-style) with its own full bath provides the perfect setup for visiting family, guests, or an additional income opportunity. Enjoy outdoor living at its best — relax on the spacious waterfront patio, fish from your dock, or take your boat out from the private lift and slip for a sunset cruise across Boca Ciega Bay. The property also offers excellent rental potential, previously generating approximately $4,800 per month for the main home and $1,000 per month for the guest suite prior to the hurricanes. This makes it an outstanding opportunity for those seeking a waterfront investment or seasonal income property. Recent updates include newer roof, windows, doors, flooring, kitchen, baths, and mechanicals — all the big-ticket items have been done. The home is being sold unfurnished, providing a clean slate to personalize your own coastal retreat. Located just minutes from Madeira Beach’s famous white sands, restaurants, shops, and John’s Pass Village, this home offers both lifestyle and long-term value. Whether you’re looking for a full-time coastal home, vacation retreat, or investment property, this one checks all the boxes!
Listing Agent
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3106058 Listed on: 11/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,909
Year Built
- Built in 1950
Lot Details
- 4,500 Sq Ft Lot
- Lot Dimensions are 45x100
- 90 Feet of Waterfront
- 45 Feet of Salt Water Canal Waterfront
- 45 Feet of Intracoastal Waterfront
- Property fronts an intracoastal waterway
- Property fronts a saltwater canal
- South Facing Home
Property Views
- Intracoastal
- Canal
Home Design
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,105 Sq Ft Home
- Open Floorplan
- Shelving
- Vaulted Ceiling
- Ceiling Fan
- French Doors
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Studio bedroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Converted Garage
- Driveway
Outdoor Features
- Access To Intracoastal Waterway
- No Fixed Bridges
- Access to Saltwater Canal
- Seawall
- Dock has access to electricity and water
- Dock made with wood
- Open Dock
- Outdoor Storage
- Rain Gutters
Additional Homes
- Efficiency Studio Dwelling Unit
Schools
- Orange Grove Elementary School
- Seminole Middle School
- Seminole High School
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
Community Details
- No Home Owners Association
- North Madeira Shores Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 45 / 0000/04
- Assessor Parcel Number 09-31-15-60858-000-0450
3D Interior and Exterior Tours
Floorplan
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,756 | $443,791 | $385,744 | $58,047 |
| 2024 | $7,798 | $591,842 | $505,833 | $86,009 |
| 2023 | $7,798 | $483,139 | $408,726 | $74,413 |
| 2022 | $7,355 | $499,843 | $438,243 | $61,600 |
| 2021 | $6,612 | $386,299 | $0 | $0 |
| 2020 | $5,937 | $341,578 | $0 | $0 |
| 2019 | $5,737 | $326,878 | $259,732 | $67,146 |
| 2018 | $5,586 | $325,544 | $0 | $0 |
| 2017 | $5,171 | $296,176 | $0 | $0 |
| 2016 | $5,048 | $301,873 | $0 | $0 |
| 2015 | $4,706 | $273,574 | $0 | $0 |
| 2014 | $4,197 | $240,637 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $895,000 | 0.0% | $810 / Sq Ft | |
| 10/13/2022 10/13/22 | Price Changed | $3,500 | 0.0% | $3 / Sq Ft | |
| 10/13/2022 10/13/22 | For Rent | $3,500 | 0.0% | -- | |
| 10/10/2022 10/10/22 | Rented | $3,500 | -12.5% | -- | |
| 09/11/2022 09/11/22 | Under Contract | -- | -- | -- | |
| 09/10/2022 09/10/22 | Price Changed | $4,000 | +14.3% | $4 / Sq Ft | |
| 09/09/2022 09/09/22 | For Rent | $3,500 | 0.0% | -- | |
| 06/17/2022 06/17/22 | Off Market | $900,000 | -- | -- | |
| 06/15/2022 06/15/22 | Sold | $900,000 | +5.9% | $814 / Sq Ft | View Prior Sale |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- | |
| 04/24/2022 04/24/22 | For Sale | $850,000 | -- | $769 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,450,000 | La Maison Title | |
| Warranty Deed | $800,000 | Title & Abstract Agcy Of Ame | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $350,000 | Suncoast Title Co Of Fl Inc | |
| Warranty Deed | $191,500 | -- | |
| Administrators Deed | $85,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $796,900 | New Conventional | |
| Previous Owner | $604,853 | Commercial | |
| Previous Owner | $153,200 | New Conventional | |
| Previous Owner | $10,000 | Purchase Money Mortgage |
About the Listing Agent
With nearly two decades of professional real estate expertise, Valerie specializes in the Tampa Gulf coast region of Florida. Her focus is on transparent communication and aiding clients in achieving their real estate objectives. Val excels at steering clients towards optimal choices for their home acquisitions, spanning location and value considerations. She is adept at serving a diverse clientele, including first-time homebuyers, luxury purchasers, resales, and investors. Val's extensive
Valerie's Other Listings
Source: Stellar MLS
MLS Number: TB8445852
APN: 09-31-15-60858-000-0450
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