54 154TH AVENUE #54

Map

$1,200,000

↓ $200K (14.3%)

● Condo - For Sale

54 154TH AVENUE #54

MADEIRA BEACH, FL 33708

2 Beds

1 Bath

720 Ft²

$8,298

Est. Monthly

$2,100

HOA / Fees

-0.12%

Cap Rate

About This Property

ATTENTION INVESTORS, BUILDERS, AND AIRBNB VISIONARIES: Seize this once-in-a-lifetime opportunity to acquire a prime 100 x 100 development site (comprising Lots 50, 52, 54, and 56) in the heart of high-demand Madeira Beach. Boasting flexible Commercial Residential zoning with NO minimum rental restrictions, this rare parcel is perfectly positioned for a lucrative short-term rental project or a flagship coastal development. The location is unbeatable: you are directly across Gulf Blvd from pristine beach access, a single block from the grocery store, and just two blocks from the Tom Stuart Causeway for effortless mainland access. Most importantly, you are situated only two blocks from the transformative Downtown Madeira Beach revitalization project, placing your investment at the epicenter of a multi-million dollar hotel and commercial expansion. Do not miss your chance to own one of the most strategically significant and high-potential lots on the Gulf Coast.

Unit Size

720 Ft²

Days on Market

187 days

Land Size

0.23 acres

Price per sqft

$1,667

Property Type

Condo

Property Taxes

$305

HOA Dues

$2,100

Year Built

1965

Listed By

Kevin Kravetz

[email protected]

PALM PARADISE REAL ESTATE

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Cap Rate Calculator

Last updated: 5 months ago (Stellar MLS #TB8489279)

Price History

Date / Event	Date	Event
May 10, 2026	Price Decreased	$1,200,000 ↓ $200K (14.3%)
Price Decreased
Apr 11, 2026	Price Increased	$1,400,000 ↑ $1M (359%)
Price Increased
Apr 11, 2026	Relisted	$305,000
Relisted
Mar 31, 2026	In contract	-
In contract
Mar 20, 2026	Listed by PALM PARADISE REALTY GROUP	$305,000
Listed by PALM PARADISE REALTY GROUP
Apr 25, 2025	Price Decreased	$375,000 ↓ $100K (21.1%)
Price Decreased
Feb 15, 2025	Listed	$475,000
Listed

	BUILDER AND INVESTORS DELIGHT!!!!LOCATION LOCATION. BEING SOLD AS A WHOLE LOT ASKING 1.9 MILLION(Property is currently a duplex with 4 units (50,52,54,56 154TH AVE ALL INCLUDED IN 1.9M PRICE) ZONED - NO- MINIMUM RENTAL RESTRICTION LAND USE: CONDO CONVERSION - APARTMENTS TO PLATTED CONDO Large Lot Size 100 X 100 Zoned- NO MINIMUM RENTAL RESTRICTION APPROVED BY FEMA FOR REBUILD AND RENOVATIONS With the World Famous BEACH of Madeira located just 50 steps away. This QUIET piece of paradise in Madeira Beach is only two blocks from downtown Madeira Beach and next door to the Winn-Dixie shopping Complex. As well, across our lot is where you can feed the alligators at Smugglers Cove Mini-Golf Coarse. This location is Perfect and is walking distance to all your local attractions!
Oct 17, 2023	Sold	Premium
Sold
Sep 1, 2023	In contract	-
In contract
Aug 25, 2023	Listed by KELLER WILLIAMS ST PETE REALTY	$479,000
Listed by KELLER WILLIAMS ST PETE REALTY

	Airbnb and short-term rental! Welcome to paradise! This stunning turn-key beach home is an absolute gem, perfectly located directly across the street from beach access. And guess what? There are no lease restrictions! So, whether you're looking for a permanent residence or a lucrative investment, this is the place for you. Step inside and prepare to be amazed. Every inch of this home has been beautifully renovated, boasting a modern yet welcoming ambience. Newer Samsung stainless-steel appliances, sleek granite countertops, elegant cabinets & gorgeous wood tone flooring that seamlessly flows throughout, adding a touch of warmth to the contemporary decor. The bright and open floor plan is an absolute dream. Recessed LED lighting illuminates, creating a cozy atmosphere day or night and with the Nest thermostat system, you'll always be in control of the perfect temperature.
Dec 23, 2021	Sold	Premium
Sold
Nov 10, 2021	Listed by COLDWELL BANKER SUN VISTA	$339,900
Listed by COLDWELL BANKER SUN VISTA

	THIS IS THE PERFECT BEACH GETAWAY!! 220 STEPS TO THE SUGAR SANDS OF MADEIRA BEACH AND THE GULF OF MEXICO. NO MINIMUM RENTAL PERIOD MAKES IT A GREAT AIRBNB PROPERTY! SUNNY, OPEN FLOOR PLAN. UPDATES IN THE LAST THREE YEARS A/C, WATER HEATER, WASHER/DRYER, BATHROOM SHOWER SURROUND. CUTE PATIO AREA WITH ROOM TO GARDEN. ONE BLOCK TO BEACH, GROCERY, LIBRARY, MADEIRA RECREATION AREA, MUNICIPAL BUILDINGS AND FIRESTATION.

Property Highlights

Parking Available

Air Conditioning

Parking Details

Has Carport

Interior Details

Full Bathrooms: 1

Interior Features: Other

Appliances: None

Flooring Type: Other

Laundry Features: Other

Rooms: 4

Exterior Details

Has Property Attached

Square Footage: 720

Square Footage Source: $0

Year Built: 1965

Building Area Total: 720

Levels: One

Building Area Units: Square Feet

Construction Materials: Other

Lot Size Area: 10014

Lot Size Units: Square Feet

Lot Size Acres: 0.23

Lot Size Square Feet: 10014

Tax Lot: 54

Water Source: Public

Financial Details

Tax Annual Amount: $3,659

Lease Considered: Yes

Utilities Details

Cooling Type: Central Air

Heating Type: Central

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Other

HOA Fee: $2,100

HOA Fee Frequency: Quarterly

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20230825 Unit 54 08/25/2023	54	2 Bed	1 Bath	720 ft²	$479,000 2 Bed 1 Bath 720 ft²	$479,000 10/17/2023	Frederick Hooper, IV KELLER WILLIAMS ST PETE REALTY
20211110 Unit 54 11/10/2021	54	2 Bed	1 Bath	720 ft²	$339,900 2 Bed 1 Bath 720 ft²	$350,000 +2.97% 12/23/2021	Cheryl Havener COLDWELL BANKER SUN VISTA

Building Info

54 154th Avenue 54 154th Avenue, Saint Petersburg, FL 33708

1 Unit for Sale

More about this Building

Want to find out who owns 54 154th Avenue, Saint Petersburg, FL 33708? Get detailed property transactions here.

About Madeira Beach

Stats & Trends

Median Asking:

$639,850

Sale Price/ft²

$525

Below Asking

0.04%

Average Days on Market

Average Home Size

1498 ft²

Average Home Age

44.6 years

Currently For Sale

198 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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16450 Gulf Boulevard #564, FL, 33708 Listing by Amy Hartman

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Listed by: Kevin Kravetz
PALM PARADISE REALTY GROUP
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# TB8489279

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.