Under contract-accepting backup offers. Property is being sold at lot value due to substantial damage to the existing structure. DO NOT ATTEMPT TO ENTER THE PROPERTY.Exceptional opportunity to own a prime piece of land in the heart of Madeira Beach, ideally located just off the 150th Avenue bridge. This highly desirable location offers outstanding walkability to local restaurants, shops, and the beautiful Gulf beaches—making it perfect for those seeking the ultimate coastal lifestyle.Zoned for multi-family use, this property allows for two units, creating excellent income potential. Whether you choose to build a duplex for investment purposes or live in one unit while renting the other, the flexibility here is a rare find in this area. Build to suit your vision and take advantage of the strong rental demand in this beach community. Situated just minutes from John's Pass Village & Boardwalk, you'll enjoy easy access to waterfront dining, entertainment, boating activities, and vibrant local attractions. The nearby marina access, fishing spots, and water. Opportunity knocks to make this location especially appealing for outdoor enthusiasts. With convenient access to Gulf Boulevard, commuting along the barrier islands is seamless, while still offering a tucked-away feel near the Intracoastal Waterway. Whether you're a builder, investor, or future homeowner, this property presents a unique chance to create something special in one of Pinellas County’s most sought-after beach towns. Don’t miss the opportunity to capitalize on location, zoning flexibility, and lifestyle appeal all in one.