Rare waterfront redevelopment opportunities situated on two lots totaling approximately 12,628 ft.² (0.28 acres) with approximately 95 feet of seawall in a laid-back and beautiful neighborhood. The property currently has three existing structures, each approximately 720 ft.² situated on a slab foundation with wood siding. The existing structure sustained substantial damage from the hurricane, and the property is being marketed primarily for its land value and redevelopment potential. Seller makes no representations or warranties regarding the condition of the existing structures. The structures currently remain in place as plans may need to be drawn and approved prior to demolition in order to preserve the opportunity for three properties across the two existing lots. Property use is multifamily less than 10 units, with a three month minimum rental period. Buyer is responsible for independently, verifying zone, land use, rental restrictions, building, permitting, demolition, density, and redevelopment requirements with the appropriate municipality. Ideally located just a short walk to John's Pass Village and the sandy beaches of Madeira Beach, this is a unique opportunity to own approximately 0.28 acres of waterfront property along Boca Ciega Bay with 95 feet of seawall and create something new in a highly desirable location.
For sale
$1,550,000
249 BOCA CIEGA DRIVE, MADEIRA BEACH, FL 33708
5beds
3baths
2,160sqft
Triplex, Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$718/sqft
$-- HOA
What's special
Three existing structuresWood sidingSlab foundation
- 5 days
- 180
- 8
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Paris Faughn 727-439-9429,
CENTURY 21 BEGGINS 800-541-9923
Source: Stellar MLS,MLS#: TB8544583
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central, Other
Cooling
- Central Air, Ductless
Appliances
- Laundry: None
Features
- Other
- Has fireplace: No
Interior area
- Total structure area: 2,439
- Total interior livable area: 2,160 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard, Boat Slip
- Has view: Yes
- View description: Water, Bay/Harbor - Full, Canal, Gulf/Ocean to Bay, Intracoastal Waterway
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full,Canal,Gulf/Ocean to Bay,Intracoastal Waterway
- Waterfront features: Bay/Harbor, Bay/Harbor Access, Gulf/Ocean Access, Intracoastal Waterway Access, Boat Port, No Wake Zone, Seawall
- Body of water: BOCA CIEGA BAY
Lot
- Size: 0.29 Acres
- Dimensions: 99 x 95
- Features: FloodZone, City Lot
Details
- Parcel number: 153115653040140050
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Connected, Street Lights, Water - Multiple Meters, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: PAGES REP OF MITCHELLS BEACH
HOA
- Has HOA: No
Location
- Region: Madeira Beach
Financial & listing details
- Price per square foot: $718/sqft
- Tax assessed value: $754,283
- Annual tax amount: $12,232
- Date on market: 9/1/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 3000
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $1,550,000-6.1%$718/sqft |
Source: | ||
| 8/19/2026 | Listing removed | $1,650,000$764/sqft |
Source: | ||
| 8/7/2026 | Price change | $1,650,000-2.9%$764/sqft |
Source: | ||
| 7/13/2026 | Price change | $1,699,997-2%$787/sqft |
Source: | ||
| 6/17/2026 | Price change | $1,735,000-2.8%$803/sqft |
Source: | ||
| 4/25/2026 | Listed for sale | $1,785,000+48.8%$826/sqft |
Source: | ||
| 4/6/2026 | Sold | $1,200,000$556/sqft |
Source: Public Record Report a problem | ||
| 11/2/2025 | Listing removed | $1,200,000$556/sqft |
Source: | ||
| 9/19/2025 | Listed for sale | $1,200,000$556/sqft |
Source: | ||
| 9/3/2025 | Pending sale | $1,200,000$556/sqft |
Source: | ||
| 7/25/2025 | Listed for sale | $1,200,000$556/sqft |
Source: | ||
| 7/11/2025 | Pending sale | $1,200,000$556/sqft |
Source: | ||
| 12/14/2024 | Listed for sale | $1,200,000+50%$556/sqft |
Source: | ||
| 12/19/2023 | Listing removed | -- |
Source: Stellar MLS #T3480747 Report a problem | ||
| 12/14/2023 | Listed for rent | $2,500$1/sqft |
Source: Stellar MLS #T3480747 Report a problem | ||
| 12/2/2023 | Listing removed | -- |
Source: Stellar MLS #T3480747 Report a problem | ||
| 11/28/2023 | Price change | $2,500-7.4%$1/sqft |
Source: Stellar MLS #T3480747 Report a problem | ||
| 11/25/2023 | Price change | $2,700-3.6%$1/sqft |
Source: Stellar MLS #T3480747 Report a problem | ||
| 10/20/2023 | Listed for rent | $2,800$1/sqft |
Source: Stellar MLS #T3480747 Report a problem | ||
| 8/18/2021 | Sold | $800,000-30.4%$370/sqft |
Source: Stellar MLS #U8124420 Report a problem | ||
| 6/24/2021 | Pending sale | $1,150,000$532/sqft |
Source: | ||
| 6/14/2021 | Price change | $1,150,000-11.5%$532/sqft |
Source: | ||
| 6/10/2021 | Listed for sale | $1,300,000$602/sqft |
Source: | ||
| 6/5/2021 | Pending sale | $1,300,000$602/sqft |
Source: | ||
| 5/27/2021 | Price change | $1,300,000-13.3%$602/sqft |
Source: | ||
| 5/24/2021 | Listed for sale | $1,500,000$694/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,232 -21.1% | $754,283 -15.1% |
| 2024 | $15,502 +11.9% | $888,608 +10% |
| 2023 | $13,849 +16% | $807,825 +10% |
| 2022 | $11,939 +74.3% | $734,386 +70.3% |
| 2021 | $6,850 +10.3% | $431,212 +8.4% |
| 2020 | $6,211 +3% | $397,848 +4% |
| 2019 | $6,028 | $382,560 +0.4% |
| 2018 | $6,028 +7.8% | $381,116 +15% |
| 2017 | $5,593 +16% | $331,482 +4.9% |
| 2016 | $4,820 +5.9% | $315,892 +7.9% |
| 2015 | $4,550 +9.4% | $292,629 +7.9% |
| 2014 | $4,159 +9.7% | $271,317 +10.5% |
| 2013 | $3,789 +9.5% | $245,583 +9.4% |
| 2012 | $3,460 | $224,431 +7.1% |
| 2011 | -- | $209,516 -11.1% |
| 2010 | -- | $235,621 -13.4% |
| 2009 | -- | $271,984 -15.8% |
| 2008 | $5,093 | $323,157 -21.3% |
| 2007 | -- | $410,414 +1.5% |
| 2005 | -- | $404,200 +36.7% |
| 2004 | $4,361 +39.9% | $295,700 +25.4% |
| 2002 | $3,118 | $235,800 +22.9% |
| 2001 | $3,118 +17.5% | $191,800 +15.3% |
| 2000 | $2,652 | $166,400 |
Find assessor info on the county website
Monthly payment
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