$4,395,000 Price Analysis    ♡   Madeira Beach, FL 33708 9 bed 9 bath 4,600 SqFt ($955/SqFt) 4,600SqFt lot. Built 2023 Listed 2024-04-03 | Ⓧ USDA Ineligible due to price & location near Madeira Beach |
Pre-Construction.
To be built. Lot 25, with sister property under construction next door on Lot 24. Introducing an unparalleled coastal ownership experience, this 4 story plus double rooftop waterfront property offers unique zoning, allowing it to serve as an exquisite primary residence or a legally sanctioned short-term vacation rental allowing you to host lucrative nightly weekly or longer term stays.This is the ideal vacation property for hosting large or multiple families, corporate retreats, wedding parties and more, it surpasses the experience of traditional accommodations, providing unmatched convenience, value and luxury. Crafted as a fortress and built to commercial construction codes with poured concrete floors and roof and steel trusses and hurricane impact windows and doors, this single-family residence stands well above the FEMA flood zone, boasting almost 7000 sq ft of luxury living space, including 4600 sq ft of air-conditioned comfort along with a private pool and hot tub, double rooftop terraces, a 5 stop elevator offering simple transitions from floor to floor with lavish appointments. This home redefines upscale vacationing, offering panoramic views of the Gulf of Mexico, Boca Ciega Bay and the Florida coastlines. With 9 bedrooms and 8.5 baths, this home offers flexibility, with some rooms easily adaptable to become a game room, theater or chilled wine room should you choose to not maximize with 9 bedrooms, inspiration photos shown.
As priced it is a 9 bedroom 8.5 bath residence.Situated in the heart of John's Pass Village, a hub of activity with millions of annual visitors, 120+ stores, bars, restaurants, watersports, tiki boat tours, pirate cruises, dolphins tours, fishing charters, parasails, jet ski and boat rentals are mere steps away. Nestled in a tranquil harbor teeming with sea life, including dolphins and manatees, the rental slips behind the homes do not convey yet offer unrivaled access to water activities and excursions for owners and guests. . The ground level is all about entertaining with a roomy covered lanai and area for an outdoor bbq area and pool, spa. The first living level delivers an outstanding chefs kitchen with do uble quartz waterfall islands, top-of-the-line appliances overlooking the waterfront dining area, family room and patios. The first living level also features 2 ensuite guest bedrooms, powder bath and expansive entertaining deck. A 5-stop elevator assures easy transition from floor to floor. The second level offers 4 bedrooms - 2 ensuite bedrooms and 2 with a luxury Jack and Jill. The third level boasts an impressive primary suite which offers large sliders to an expansive terrace to gaze at the Johns Pass Sandbar and Boca Ciega Bay. 3 additional bedrooms which could be converted into an office, media room, chilled wine room, game room or whatever else you could imagine. On the 5th floor you will find 2 expansive rooftop terraces offering over 1, 600 SF, stunning beach vistas and captivating sunsets and sunrises. As an investment, it satisfies all desires with 3rd party projected annual income projections from Resort Rentals around the $500k range and potential for appreciation and significant cost segregation depreciation tax benefits. Whether seeking a dream vacation retreat, unique primary residence or a savvy investment opportunity, this waterfront masterpiece offers the ultimate in coastal living and vacationing.Be one of th fortunate few. Land can be purchased separately.
Presented by JEFFREY BEGGINS at
CENTURY 21 Beggins Enterprises.
Property MLS #U8237381 from StellarMLS
Primary Bedroom Dimensions: 18 x 15
Primary Bedroom Level: Upper
Living Room Dimensions: 14 x 19
Living Room Level: Second
Full Bathrooms: 8
1/2 Bathrooms: 1
Solid Surface Counters
Flooring: Ceramic Tile, Tile
Cooktop
Dishwasher
Electric Water Heater
Microwave
Refrigerator
Heating Features: Central, Electric
Kitchen Level: Second
Road Surface Type: Paved
Lot Size Acres: 0.1056015
Lot Size Dimensions: 40x115
Number of Lots: 1
Lot Size Square Feet: 4600
Intracoastal Waterway
Waterfront Feet: 40
Pool Private: Yes
Parking Features: Driveway, Ground Level, Tandem
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes
Pet Description: Pet Restrictions: Buyer/Buyer's agent to verify
High School: Seminole High-PN
Middle School: Seminole Middle-PN
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Pinellas
Directions: Gulf Blvd, near John's Pass Village, turn onto 131st Ave East, then Right onto Pelican Lane and vacant lots are on the left side running along Jack's Boat Basin off of the Boca Ciega Intercoastal.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Source Neighborhood: WILLIAM'S BILL MADEIRA HARBOR
Parcel Number: 15-31-15-97830-000-250
Subdivision: WILLIAM'S BILL MADEIRA HARBOR
Zoning: R3
Property Subtype: Single Family Residence
Source System Name: C2C
$4,395,000
StellarMLS
Listing removed 2024-01-30
$3,795,000
StellarMLS
Relisted 2024-01-29
$3,795,000
StellarMLS
Listing removed 2024-01-27
$3,795,000
StellarMLS
Price Changed 2023-09-15
$3,795,000
StellarMLS
Listed 2023-02-02
$3,895,000
StellarMLS
Year Built: 2023
Builder Name: Beach Builders
Building Area Source: Builder
Building Area Total: 7000
Construction Materials: Block, Concrete
Direction Faces: West
Foundation Details: Slab
Levels: Three Or More
New Construction: Yes
Property Age: 1
Property Condition: Pre-Construction
Levels or Stories: 4
Building Total Stories: 4
Elevator: Yes
Cable Available
Electricity Connected
Public
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.