$299,000
14140 E Parsley Drive Madeira Beach, FL 33708
For Sale MLS# TB8450741
2 beds 2 baths 1,008 sq ft Multi-family
Details for 14140 E Parsley Drive
MLS# TB8450741
Description for 14140 E Parsley Drive, Madeira Beach, FL, 33708
This Madeira Beach duplex offers a strong value-add opportunity in a high-demand coastal rental market with excellent pro-forma income potential. Each unit is a 1-bedroom, 1-bath layout, and based on recent area comparables, fully renovated units in this neighborhood can command approximately $1,800 a month per side. This positions the property for a projected gross annual income of roughly $43,000 after renovation. The structure is block-on-slab with a duplex configuration plus a detached garage that includes an additional bathroom, offering potential for added storage, workspace, or possible future income uses subject to zoning and permitting. The roofs are approximately nine years old and in good condition. The property experienced flooding during Hurricane Helene and has not been rebuilt since. This setup allows a new owner to complete improvements to their preferred standard and maximize rental income. Property is being sold as-is.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 2
Bathrooms: 2
Lot Size: 0.16 Acres
Square Feet: 1,008 sq ft
Year Built: 1948
Garage: Yes
Stories: 1 Story
Construction: Block
Subdivision: Gulf Shores 6th Add Rep
Foundation: Slab
Number Of Units Total: 2
County: Pinellas
Additonal Room Information
Laundry: In Garage
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Sewer Available,Water Available
Exterior / Lot Features
Garage Spaces: 1
Roof: Shingle
Lot Dimensions: 79x85
Additional Exterior/Lot Features: Private Entrance
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1800
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1800
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Driving Directions
From Gulf Blvd, turn east onto 150th Ave. Continue over the Tom Stuart Causeway into Madeira Beach. Turn right onto Duhme Road (Alt 19), then turn left onto Marguerite Drive. Follow Marguerite Drive to E Parsley Drive and turn right. Property will be on the left.
Financial Considerations
Terms: Cash
Tax/Property ID: 10-31-15-34452-231-0070
Tax Amount: 7717.58
Tax Year: 2024
A broker reciprocity listing courtesy: EASY HOME SALES
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 14140 E Parsley Drive
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 14140 E Parsley Drive
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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