(MADEIRA BEACH) 3 bed 2 baths $279,9k worth $475k

GREAT INVESTMENT OPPORTUNITY IN MADEIRA BEACH! ARV $475,000

3 Bedroom |2 Bathroom | 1,447 Sqft | 3,459 Sqft total land

DESCRIPTION

INVESTMENT OPPORTUNITY. FLOOD DAMAGED HOUSE! Welcome to a fantastic opportunity in Madeira Beach! This charming 3-bedroom, 2-bathroom single-family residence, built in 1945, offers a blank canvas ready for your vision. Nestled on a 3,986 square-foot lot, the home provides ample space for you to create your dream sanctuary. Step inside to discover a warm and inviting atmosphere. The home's interior features a spacious open layout, where natural light floods the rooms, creating a bright and airy feel throughout. The central air conditioning ensures comfort, while tile flooring adds a sleek, modern touch. Though the kitchen and living areas are in need of some TLC, the possibilities are endless, allowing you to transform the space into a home that truly reflects your style. The primary bedroom, along with two additional bedrooms, each offers plenty of potential. While none of the bedrooms come with built-in closets, this presents a unique opportunity to design custom storage solutions that perfectly fit your needs. The two bathrooms, though simple, provide a functional space ready for upgrades. The home sits on a slab foundation with a traditional shingle roof, providing durability for years to come. Though there is no garage, the carport area offers convenient parking, and with no HOA restrictions, you're free to make this property truly yours. A true fixer-upper, this property allows you to reimagine every corner, whether you're looking to modernize the interior or create an outdoor oasis. The backyard is a blank slate, offering the ideal space for a garden, patio, or additional entertaining areas. Located just moments away from the pretty Madeira Beach, this home promises to be a rewarding project for the right buyer. With a bit of imagination and effort, you can turn this house into your forever home! The back yard belongs to the city, it is not private.

PROPERTY DETAILS

Single Family - StuccoNO HOA - Pinellas CountySewer: PublicFLOOD DAMAGED HOUSEIn FEMA Zone AEAc age 2006Roof approx 2006Water heater approx 2012 but was hit by the flood. I don't know how much it held, but it was a tall one and took a long time to max out. Plugs light and switches, bottom portion of plugs got wet in the flood. I took the antique face plates off so there are just switches in some places Switches are normal and we're untouched.Heating is part of the AC, but was flooded. AC is both in wall in the living room and central, but central was hit with the flood.I don't know about the plumbing. On occasion there would be a leak. That happed 3 times in the over 20 years I was there. Foundation is cement i guess. As I put in my write up before, we were inside the house in the storm and bubbles came up. Foundation condition. I was told to reseal it.It has copper wiring

COMPS

14181 E PARSLEY DR - Sold for $494,900 on 7/14/26

2 bd | 2 ba | 1,400 sqft | 5,158 sqft total lot

725 SUNSET CV - Sold for $442,500 on 07/27/2026

3 bd | 1 ba | 1,233 sqft | 5,401 sqft total land