Gulf Shores 1st Add Homes with Block Exterior Construction

Gulf Shores 1st Add Homes with Block Exterior Construction

Welcome to Gulf Shores 1st Addition, a hidden gem nestled in the heart of Florida’s stunning coastline. This charming subdivision is the perfect blend of coastal living and community warmth, making it an ideal place to call home. With its prime location, residents enjoy easy access to beautiful beaches, vibrant local attractions, and a variety of recreational activities.

The homes in Gulf Shores 1st Addition showcase the timeless appeal of block exterior construction, offering durability and energy efficiency. These sturdy homes are designed to withstand Florida’s weather while providing a cozy and inviting atmosphere. The thoughtful architecture and well-maintained yards create a picturesque setting that enhances the neighborhood’s charm.

Living in Gulf Shores means embracing a lifestyle filled with sunshine and outdoor adventures. Spend your weekends lounging on the soft, sandy beaches, exploring nature trails, or indulging in water sports. The community is also conveniently located near shopping, dining, and entertainment options, ensuring that everything you need is just a stone’s throw away.

Families will appreciate the strong sense of community here, with friendly neighbors and an array of local events that bring everyone together. Whether you’re a first-time homebuyer or looking to settle down, Gulf Shores 1st Addition offers a welcoming environment that feels like home.

Discover the beauty and tranquility of Gulf Shores 1st Addition, where your dream home awaits amidst the charm of Florida living. Embrace a lifestyle filled with sunshine, community, and the joys of coastal life—your perfect home is just around the corner!

Newest Gulf Shores 1st Add Homes with Block Exterior Construction

$1,300,000
5 Beds 5 Baths Gulf Shores 1st Add SubDv. 33708 Zip Code
Located in the heart of Madeira Beach, FL, just one block from the Gulf beaches, 14135 Palm Street presents a rare opportunity to acquire a fully updated 5-unit income-producing property in one of the most desirable beach communities along Florida?s Gulf Coast. This solid block construction 5-plex consists of five well-designed 1-bedroom, 1-bathroom units with ample on-site parking, offering strong appeal to both long-term and seasonal tenants. What truly sets this property apart is its extensive hurricane-resilient construction and post-storm preparedness improvements. The building successfully withstood the major storms of 2024, demonstrating the quality and durability of the upgrades completed. Improvements include waterproof stucco interior wall systems, durable epoxy flooring throughout, elevated electrical connections, and water-resistant kitchen fixtures designed to minimize future storm vulnerability and maintenance concerns. In addition, the property features a newer roof, and all restoration and improvement work has been fully permitted and completed, providing added confidence for investors and lenders alike. The property offers flexible rental opportunities including annual rentals, seasonal leasing, workforce housing, or furnished beach rentals, creating multiple paths for maximizing income potential. With an attractive CAP rate, investors can benefit from both strong current cash flow and long-term appreciation in a highly supply-constrained beach market. Tenants will enjoy exceptional walkability and convenience. The property is located near Gulf Boulevard with easy access to the Pinellas Suncoast Transit Authority trolley and bus routes connecting residents to surrounding beach communities, downtown St. Petersburg, and area attractions. Nearby shopping, dining, and entertainment options include the popular John's Pass Village & Boardwalk, local restaurants, waterfront bars, grocery stores, marinas, and recreational activities including boating, fishing, and beach access. The location also provides convenient access to Treasure Island, Redington Beach, and the greater Tampa Bay area. This is an outstanding opportunity to own a proven storm-resilient multifamily asset in a premier coastal location with strong rental demand, attractive projected returns, and lasting tenant appeal.

14135 Palm Street, Madeira Beach

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