Tedcorp Inc. is pleased to present this multi-parcel offering (50 153rd Ave + 15350 1st St E) within the prestigious Madeira Beach community. Situated just one block from the shoreline and encompassing a total of 0.71 acres, this property presents an exceptional opportunity for a high-rise redevelopment project. Boasting picturesque ocean views to the west and canal views to the east, this property offers an ideal location with stunning water views that future residents will undoubtedly appreciate. The neighborhood features key retailers such as Aldi and Publix and is conveniently located near John's Pass Village. Notable developments: Madeira Beach Town Center: This is a large mixed-use project that includes two new condominium buildings (90 units total), a new hotel with 148 rooms, and another hotel with 168 rooms plus 10 penthouse units. The master plan was completed in 2017, and it includes redeveloping Madeira Way into a pedestrian-friendly street with shops and cafes. The Beachmaker: This is a Marriott Autograph Collection condo hotel planned for 15000 Madeira Way, featuring 161 residences and 10 penthouse units. It is slated to have extensive amenities, including restaurants, pools, and banquet facilities. Waterfront Parcel Acquisition: The city recently voted to purchase a 4.6-acre waterfront parcel for $18 million. This is intended to help ease crowding at the city marina and will provide a new site for the public works facility. Other projects: Other projects in various stages include a new 87-room hotel at John's Pass Village, a 56-room boutique hotel at Schooner Resort, a 47-room boutique hotel at Sandalwood Resort, and 12 townhomes at Azul Townhomes. The C-3, retail commercial district correlates with the commercial general (CG) category and the residential office retail (R/O/R) category of the City of Madeira Beach Comprehensive Plan.