Island Estates Unit 1 Homes for Sale

Welcome to Island Estates Unit 1, a hidden gem nestled in the heart of Madeira Beach, Florida! This charming subdivision offers a unique blend of coastal living and community spirit, making it an ideal place for families, retirees, and everyone in between.

Island Estates Unit 1 is situated in Pinellas County, known for its stunning beaches, vibrant culture, and year-round sunshine. Residents enjoy easy access to the pristine shores of Madeira Beach, where you can soak up the sun, stroll along the sandy coastline, or indulge in water sports. The area is also home to a variety of dining, shopping, and entertainment options, ensuring that there’s always something to do just around the corner.

The homes for sale in Island Estates Unit 1 are as diverse as the residents who call this community home. From charming single-family residences to modern waterfront properties, there’s a perfect fit for every lifestyle and budget. Many of these homes feature spacious layouts, beautiful outdoor spaces, and stunning views, allowing you to truly embrace the Florida lifestyle. Whether you’re looking for a cozy retreat or a luxurious escape, you’ll find it here.

Living in Island Estates Unit 1 means enjoying a tight-knit community with friendly neighbors and a welcoming atmosphere. With its prime location, beautiful homes, and a vibrant lifestyle, Island Estates Unit 1 is more than just a place to live; it’s a place to thrive. Come explore the possibilities and find your dream home in this enchanting subdivision today!

Newest Island Estates Unit 1 Homes for Sale

$825,000

2 Beds ⋅ 3 Baths ⋅ Island Estates Unit 1 SubDv. ⋅ 33708 Zip Code

Stunning waterfront opportunity on Madeira Beach! This beautifully located waterfront lot features a private pool, concrete seawall, and a dock with boat lift already in place—bring your boat and your vision. The owner is the listing agent and a licensed General Contractor who can build your custom home on a cost-plus structure, offering significant savings versus typical new-build pricing. The existing home was flooded and fully remediated but not rebuilt; the property was determined NOT substantially damaged, creating options for renovation or a custom teardown-to-rebuild subject to buyer due diligence. Property is sold AS-IS with no warranties. Prime location near Gulf beaches, shopping, dining, Stunning and Vibrant Johns Pass and boating waterways—create your dream coastal retreat and capitalize on this rare value-add package. Buyers to verify all measurements, flood zone, substantial damage determination, and permitting requirements.

639 Normandy Road, Madeira Beach

$1,397,900

2 Beds ⋅ 2 Baths ⋅ Island Estates Unit 1 SubDv. ⋅ 33708 Zip Code

Island paradise, with room to relax or redevelop. Fully renovated, extremely spacious, 2-bedroom, 2-bath waterfront home on a rare oversized double lot in Madeira Beach—where boating, breezes, and open space come together the way coastal living is supposed to be. This easygoing beach home features a metal roof (including new trusses, sheeting, metal, insulation - 2013), two-car garage, and a new dock with a 14,000-lb boat lift (2021) complete with water and electric. Launch the boat, cruise the Intracoastal, or head out for a sunset ride—it’s all right in your backyard. Both the front and back yards are fully fenced, offering privacy and plenty of room to relax, entertain, or let pets roam. The expansive lot (over 100' wide) opens the door to outdoor living— waterfront grilling, firepit nights, or simply enjoying the salt air with room to spare. There's plenty of room to add a pool, too! The home was thoughtfully modified in 2013-2015 to provide for an open floorplan and capitalize on the water views. Having undergone an interior renovation in 2025, with all new appliances at that time. It is in near-perfect condition, move-in ready, while still leaving space for future expansion or personal touches. The seller also has full drawings for a 2nd floor addition to add a large primary suite for extra living space. For those looking ahead, the double lot offers potential to subdivide and build two new construction homes, adding long-term flexibility and value. Located just minutes from the beach, restaurants, and shops, this property delivers the laid-back Madeira Beach lifestyle—boating in the morning, beach walks in the afternoon, and waterfront evenings at home. Extra land. Deep coastal roots. Endless possibilities.

600 Normandy Road, Madeira Beach

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