Gulf Shores 1st Add Homes with Bay Front Water Frontage

Gulf Shores 1st Add Homes with Bay Front Water Frontage

Welcome to Gulf Shores 1st Add., a hidden gem nestled in the picturesque city of Hudson, Florida. This charming subdivision offers a unique blend of coastal living and serene surroundings, making it the perfect place for those seeking a tranquil lifestyle by the water. With its prime location in Pasco County, residents enjoy easy access to the stunning Gulf of Mexico and its beautiful beaches, while still being close to the vibrant amenities of Hudson.

One of the standout features of Gulf Shores 1st Add. is its stunning homes with bay front waterfrontage. Imagine waking up each morning to breathtaking views of shimmering waters and gentle breezes, with the soothing sounds of nature as your backdrop. These waterfront properties not only provide a picturesque setting but also offer direct access to the bay, perfect for boating, fishing, or simply enjoying the beauty of Florida's natural landscape.

The homes in Gulf Shores 1st Add. are designed with comfort and style in mind, featuring spacious layouts and modern amenities that cater to both relaxation and entertainment. Whether you’re looking for a cozy retreat or a family-friendly abode, this subdivision has something for everyone.

In addition to the stunning homes and waterfront access, Gulf Shores 1st Add. fosters a close-knit community atmosphere, where neighbors become friends and lasting memories are made. With nearby parks, recreational activities, and a welcoming vibe, it’s easy to see why Gulf Shores 1st Add. is a sought-after destination for those looking to embrace the Florida lifestyle. Come discover your dream home in this idyllic waterfront community!

Newest Gulf Shores 1st Add Homes with Bay Front Water Frontage

$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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