14062 Palm St, Madeira Beach, FL 33708

Prime Madeira Beach Multi-Family: Unbeatable Value Near the Gulf!

Discover an incredible investment opportunity at 14062 Palm St, Madeira Beach, FL 33708! This exceptional multi-family property, built in 1970, features 2 units, offering a total of 2 bedrooms and 2 bathrooms across a combined 1,296 sqft of versatile living space. Situated on a generous 5,001 sqft lot, this property is perfectly positioned to capitalize on Madeira Beach’s highly sought-after coastal lifestyle and strong rental market.

Priced at an astonishing $340,000, with an estimated refinance payment of just $2,796/month, this property presents a rare and compelling value proposition. Consider this: the median listing price for multi-family homes in Madeira Beach is around $484,000, with many selling significantly higher (up to $2.99 million!). Even 2-bedroom multi-family units in the area can fetch sales prices around $359,000 to over $420,000. At $340,000, this property is not just priced competitively; its Redfin estimated value is $411,546, suggesting substantial immediate equity for the astute buyer.

Madeira Beach is a highly desirable Gulf Coast community, celebrated for its stunning white sand beaches, vibrant John’s Pass Village & Boardwalk, and abundant fishing and boating opportunities. The rental market here is robust, with the average rent for a 2-bedroom property in Madeira Beach ranging from $2,200 to $2,800 per month (Zillow/Zumper data, July 2025). This multi-family property offers immense potential for investors seeking consistent income or for an owner-occupant looking to live in one unit and rent out the other to offset mortgage costs. Don’t miss this chance to own a piece of paradise with excellent financial upside!