Opportunities galore await at this premier waterfront gem, perfectly positioned on the tranquil waters of Boca Ciega Bay and just one block from the pristine sands of Madeira Beach. Boasting a "grandfathered-in" commercial designation that allows for a high-density renovation of five to nine units, this property also offers the flexibility to tear down and start anew. Whether you envision an extra-large single-family estate with an Accessory Dwelling Unit (ADU), a luxury duplex, or the construction of up to three sophisticated townhomes, the R2 zoning and generous lot size provide a rare canvas for your vision. This site comes complete with a dock included, serving as the perfect launchpad to experience unobstructed sunrises across an expanse of water toward a distant national park. From the mid-morning sparkle of sunlight on the bay to the late afternoon light painting the facades of neighboring residences, life here is defined by natural beauty and the gorgeous waterfront location. Whether you are an investor seeking a multi-unit project or a homeowner building a legacy sanctuary, this property is a coastal masterpiece in the making.
- Built in 1952
- $455.73/sqft
- Lot size: 9,357 sqft
- 29 days on market
- Directions: From I-75 North (coming from Tampa/Bradenton) Take I-75 S to exit 228 for I-275 N toward St. Petersburg. Cross the Sunshine Skyway Bridge (toll). Take exit 25 for 38th Ave N. Follow 38th Ave N west, then merge onto Tyrone Blvd / Bay Pines Blvd (FL-666). Continue west across the Tom Stuart Causeway into Madeira Beach. Turn right (north) onto Gulf Blvd. Turn right onto 140th Ave, then a quick left onto Bayshore Dr.
- County: Pinellas
- Geo subdivision: GULF SHORES 1ST ADD
Features
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Niles Harrison Pfeiffer
Central Florida REALTOR®
- Source: Stellar MLS
- MLS #: TB8489683
Listing updated: April 22, 2026 at 3:22PM
Listing provided by: Dawn Liedtke, REDFIN CORPORATION
Last checked 2 days ago
Listing provided by: Dawn Liedtke, REDFIN CORPORATION
Last checked 2 days ago
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