14231 Gulf Blvd - Apartments FOR SALE


Madeira Beach, FL 33708
$3,600,000 USD
724-272-9001
14231 Gulf Blvd, Madeira Beach, FL for Sale
$3,600,000 USD
Apartments - FOR SALE
1/12
null | 8.67% Cap Rate

14231 Gulf Blvd
Madeira Beach, FL 33708


OVERVIEW

Recently upgraded, fully furnished short-term rental property offering immediate cash flow with minimal capital expenditure required. Situated in the heart of Madeira Beach along highly trafficked Gulf Blvd, providing direct proximity to beaches, tourism demand drivers, and year-round visitation. Comprised of 10 units including nine one-bedroom/one-bathroom and one two-bedroom/one-bathroom, catering to a wide range of short-term rental guests. Adjacent public beach parking lot included with the sale that generates consistent supplemental income, enhancing performance beyond nightly rentals. Located near John’s Pass Village & Boardwalk, a premier Gulf Coast attraction featuring 100+ shops, restaurants, bars, and water activities attracting significant daily foot traffic. Immediate access to waterfront dining, beach bars, dolphin cruises, fishing charters, and live entertainment venues that drive high occupancy and premium nightly rates. Limited supply of modern short-term rental product in a constrained barrier island market supports long-term appreciation and pricing power. Madeira Beach continues to experience continued growth with major projects including the New Marriott Tribute Portfolio hotel planned at John’s Pass and the luxury Beachmaker condo-hotel offering 161 units with resort-style amenities. Ongoing improvements in Madeira Beach further support tourism growth such as the John’s Pass dredging project which will improve marina access and boating traffic

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

10

PRICE/UNIT

$360,000

CAP RATE

8.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Beach Suites

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,304 SF

ZONING

-

APN/PARCEL ID

09-31-15-34308-002-0040

ASK ABOUT THIS PROPERTY

Zachary BrownMarcus & MillichapMore Info
724-272-9001

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Zachary BrownMarcus & MillichapMore Info
724-272-9001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.