Gulf Shores 1st Add Real Estate

Gulf Shores 1st Add Real Estate

Welcome to Gulf Shores 1st Add., a hidden gem nestled in the heart of Florida’s stunning Gulf Coast! This charming subdivision offers a perfect blend of coastal living and community spirit, making it an ideal place for families, retirees, and anyone looking to embrace the sun-soaked lifestyle that Florida is renowned for.

Gulf Shores 1st Add. is characterized by its picturesque streets lined with swaying palm trees and beautifully manicured lawns. The neighborhood boasts a variety of single-family homes, each exuding unique character and charm. Residents enjoy spacious lots, many of which are just a stone's throw away from the sparkling waters of the Gulf of Mexico. Imagine waking up to the sound of waves lapping against the shore and the sight of breathtaking sunsets painting the sky in vibrant hues.

This subdivision is not just about beautiful homes; it’s about a vibrant community. With friendly neighbors and a strong sense of belonging, Gulf Shores 1st Add. hosts various community events throughout the year, fostering connections among residents. The proximity to local amenities such as shopping centers, restaurants, and recreational parks ensures that everything you need is just a short drive away.

For outdoor enthusiasts, the nearby beaches offer endless opportunities for swimming, fishing, and sunbathing. Whether you’re strolling along the sandy shores or enjoying a day of water sports, Gulf Shores 1st Add. provides an idyllic backdrop for an active lifestyle.

Discover the charm and warmth of Gulf Shores 1st Add., where coastal living meets community spirit. Your dream home awaits in this enchanting Florida subdivision!

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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