Gulf Shores 1st Add Homes with Bay Front Water Frontage

Welcome to Gulf Shores 1st Addition, a hidden gem nestled in the heart of Madeira Beach, Florida. This charming subdivision is not just a community; it’s a lifestyle that offers the perfect blend of coastal living and vibrant community spirit. With its picturesque streets and friendly neighbors, Gulf Shores 1st Add. invites you to experience the beauty of Florida's Gulf Coast.

One of the standout features of this delightful neighborhood is its stunning homes with bay front water frontage. Imagine waking up to the gentle sound of waves lapping against the shore and enjoying breathtaking sunsets right from your own backyard. These waterfront properties not only offer panoramic views of the sparkling waters but also provide direct access to some of the best boating, fishing, and water sports that the Gulf has to offer.

Living in Gulf Shores 1st Addition means embracing a lifestyle filled with outdoor adventures and relaxation. Spend your days lounging on the sandy beaches, exploring the nearby nature reserves, or indulging in fresh seafood at local restaurants. With a vibrant community atmosphere, you’ll find plenty of opportunities to connect with neighbors and create lasting memories.

Whether you’re looking for a primary residence, a vacation home, or an investment property, Gulf Shores 1st Add. offers an array of options to suit your needs. Discover the charm and allure of this coastal paradise and make your dream of waterfront living a reality in Madeira Beach. Your slice of paradise awaits!

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

$1,395,000

3 Beds ⋅ 3 Baths ⋅ Gulf Shores 1st Add SubDv. ⋅ 33708 Zip Code

Experience refined coastal luxury with sweeping views of the Gulf of Mexico. This elevated waterfront residence offers 3 bedrooms, 3.5 baths, TWO primary suites, an elevator, and a 3-car garage, thoughtfully designed for upscale living. The open-concept main level features a chef’s kitchen flowing seamlessly into the living and dining areas, all framed by breathtaking water views and abundant natural light. The third-floor primary suite is a private retreat with its own balcony, two walk-in closets, and a spa-style bath with jacuzzi tub and walk-in shower. A second primary suite offers Gulf views, private balcony, and en-suite bath. Additional highlights include two wood-burning fireplaces, luxury vinyl flooring, and surround sound. Enjoy effortless waterfront living with a brick paver yard, mature palms, private dock, and 10,000-lb boat lift with quick Gulf access. Watch dolphins, fish from your dock, and enjoy Madeira Beach fireworks from home. Recent updates include a 2023 roof and water heater, updated HVAC, fresh interior paint, dishwasher and refrigerator (2025). Just steps to the beach and minutes to John’s Pass, dining, and shopping—this is truly a boater’s paradise.

14215 N Bayshore Drive, Madeira Beach

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