Pre-foreclosure

Est. $1,614,600

15405 Gulf Blvd, Madeira Beach, FL 33708

--beds

0baths

3,722sqft

Multi-Family

Built in 1948

-- sqft lot

$1,614,600 Zestimate^®

$434/sqft

$-- HOA

Overview

Madeira Beach Rental Cottages. Beach Access on each corner with designated and lighted crosswalks. Five income producing units currently exist on site with month-to-month tenants. Bungalow #1 is a 2 bedroom cottage with cathedral ceilings and fireplace. Bungalows #2 & #3 are Spanish style casitas, each with one bedroom, fireplace and attached garage. Units #4 & #5 are duplex apartments, each with 2 bedrooms, a porch, fireplace and attached garage. Listing price is appropriate for redevelopment and not reflective of net with current rental income. Current income could be increased with seasonal rentals. C3 Zoning allows for short term vacation rentals. Nearly 3/4 of an Acre of prime property ready for redevelopment. Survey, Zoning Package and current Income and Expense Summary available. Seller is also willing to share plans for a boutique hotel designed for this site.

153 days
23
6

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Wall, Electric

Cooling

Wall

Features

Flooring: Hardwood
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Structure area source: Public Records
Total interior livable area: 3,722 sqft

Property

Parking

Total spaces: 4
Parking features: Garage - Attached

Features

Levels: One
Body of water: GULF OF MEXICO

Lot

Size: 0.72 Acres
Dimensions: 150x208
Features: In City Limits, Near Public Transit, Street Paved, Sidewalk, Oversized Lot, Flood Insurance Required, FloodZone, Level/Flat

Details

Additional structures: Shed(s)
Parcel number: 093115525240050060
Zoning: C3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi-Family

Condition

Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Public, Cable Connected, Sewer Connected, Street Lights, Water Connected

Community & HOA

Community

Subdivision: LONE PALM BEACH

Location

Region: Madeira Beach

Financial & listing details

Price per square foot: $434/sqft
Tax assessed value: $1,649,160
Annual tax amount: $26,078
Tenant pays: Electricity

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Foreclosure details

Estimated market value

$1,614,600

$1.45M - $1.79M

$2,781/mo

Price history

Date	Event	Price
2/4/2025	Sold	$1,750,000-20.5%$470/sqft
Source: Public Record Report a problem
4/22/2021	Sold	$2,200,000$591/sqft
Source: Public Record Report a problem
1/8/2021	Listing removed	--
Source: Stellar MLS Report a problem
8/28/2020	Listed for sale	$2,200,000+528.6%$591/sqft
Source: SMITH & ASSOCIATES REAL ESTATE #U8094360 Report a problem
10/24/2000	Sold	$350,000-9.1%$94/sqft
Source: Public Record Report a problem
9/18/1995	Sold	$385,000$103/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	--
2024	$26,078 +1.6%	$1,649,160 +3.7%
2023	$25,671 -20.2%	$1,590,420 -19.7%
2022	$32,189 +155.2%	$1,980,000 +171.7%
2021	$12,612 +9.5%	$728,743 +10%
2020	$11,515 -6.3%	$662,494 -5.4%
2019	$12,286	$700,000 +6.1%
2018	$12,286 +8.5%	$660,000 +3.1%
2017	$11,326 +8.4%	$640,000 +4.9%
2016	$10,444 +8%	$610,000 +11.9%
2015	$9,670 +6.2%	$545,000 +0.5%
2014	$9,102 +16.8%	$542,300 +26.1%
2013	$7,796	$430,000 -17.3%
2011	--	$520,000 -20.6%
2010	--	$655,000 -31.8%
2008	$16,731	$960,000 +6.4%
2007	--	$902,140 +11.9%
2005	--	$806,000 +553.2%
2003	$2,410 +56.1%	$123,400 +23.5%
2002	$1,544	$99,900 +28.1%
2001	$1,544 +9.2%	$78,000 +8.6%
2000	$1,414	$71,800