Gulf Shores 1st Add Real Estate

Gulf Shores 1st Add Real Estate

Welcome to Gulf Shores 1st Addition, a hidden gem nestled in the heart of Florida's picturesque coastline! This charming subdivision offers a unique blend of serene living and vibrant community life, making it an ideal place for families, retirees, and anyone seeking a tranquil escape from the hustle and bustle of city life.

Gulf Shores 1st Addition is characterized by its beautifully designed homes, many of which boast stunning views of the surrounding landscape. With lush greenery and well-maintained streets, the neighborhood exudes a warm, inviting atmosphere. Residents enjoy the convenience of nearby amenities, including shopping centers, restaurants, and recreational facilities, ensuring that everything you need is just a stone's throw away.

One of the standout features of Gulf Shores 1st Addition is its proximity to Florida's renowned beaches. Just a short drive away, you can sink your toes into the soft sand and soak up the sun along the Gulf Coast. Whether you’re an avid fisherman, a beachcomber, or simply someone who enjoys breathtaking sunsets, the coastal lifestyle here is unparalleled.

Community events and gatherings foster a strong sense of camaraderie among residents, making it easy to forge lasting friendships. From seasonal block parties to outdoor movie nights, there’s always something happening in Gulf Shores 1st Addition.

If you’re looking for a place that combines the beauty of nature with a close-knit community feel, Gulf Shores 1st Addition is the perfect spot to call home. Discover the charm of this delightful subdivision, and let your dream of coastal living become a reality!

Newest Listings in Gulf Shores 1st Add

$1,300,000
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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