DRIVE Lot 5 MADEIRA BEACH FL 33708 MLS #TB8383492

Owner financing available! Excellent investment opportunity! This property is a double lot on Boca Ciega Bay with Direct Access to the Intracoastal Waterway and minutes to the Gulf of Mexico. Income generating property for investors or build your dream home on 80 feet of Waterfront! Currently there are 3 cottages on 2 lots (80 x 95) There are many rebuilding options to new hurricane codes. You are only a few minutes walking distance to the World-Famous Gulf BEACHES and John’s Pass Village – home to many shops, restaurants and entertainment including sunset dinner cruises, fishing, dolphin watching tours and more! The Property Use is zoned Single Family (0810) however the Land Use is Multi-Family less than 10 units (08). The property is Zoned R2. There are several options for this property, however, it will require removing the cottages and rebuild three structures, a new duplex or new elevated single family residence. The lot size is incorrect on the public records – the total lot size is 80 x 95 (combined of both lots) or 7600 SF. Private & secluded location in a truly NAUTICAL NEIGHBORHOOD! Pictures shown include images prior to storms and also images showing current condition post storms.