Gulf Shores 1st Add Homes with No Pool Pool type

Gulf Shores 1st Add Homes with No Pool Pool type

Welcome to Gulf Shores 1st Add, a hidden gem nestled in the heart of Florida's stunning coastline. This charming subdivision offers a delightful blend of tranquility and convenience, making it an ideal place for families, retirees, or anyone looking to enjoy the sun-soaked lifestyle that Florida is renowned for.

Gulf Shores 1st Add boasts an array of beautifully designed homes that perfectly capture the essence of coastal living. With a variety of architectural styles, these residences are not only aesthetically pleasing but also functional, catering to modern living needs. Each home is thoughtfully positioned to maximize natural light and provide ample outdoor space, perfect for enjoying the balmy Florida weather.

One of the standout features of this community is the absence of pool installations in many homes, allowing residents to embrace the natural beauty of the surrounding area. Instead of a pool, homeowners can take advantage of the nearby pristine beaches and local parks, where they can soak up the sun, enjoy water sports, or simply relax with family and friends.

The Gulf Shores 1st Add subdivision is conveniently located near shopping centers, dining establishments, and recreational facilities, ensuring that all your needs are met within a short drive. Whether you’re wandering through local boutiques, savoring fresh seafood at waterfront restaurants, or enjoying a day at the beach, you’ll find that life here is both vibrant and laid-back.

Experience the charm of Gulf Shores 1st Add, where community spirit and coastal beauty come together to create the perfect place to call home. Discover your dream home today and embrace the Florida lifestyle you’ve always wanted!

Newest Gulf Shores 1st Add Homes with No Pool Pool type

$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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