Fantastic opportunity at Madiera Beach!!A transferable private appraisal has already been completed, permit applications have been submitted and are currently pending, and the property is not subject to the 50% ruleallowing it to be rebuilt and renovated with confidence. FEMA has also confirmed the property was not substantially damaged, and transferable flood insurance provides added peace of mind for the next owner. This property is perfectly positioned for a smooth renovation and strong rental performance, with a full renovation crew on standby ready to begin once permits are issued. The duplex features a spacious 2 bedroom, 1 bath unit with potential rents exceeding $2,400 per month and a charming 1 bedroom, 1 bath unit with potential rents over $2,000 per month. Ample parking makes it ideal for either long term rentals or short term rentals (3 month minimum). Located just steps from the beach and minutes to Madeira Beachs vibrant restaurants, shops, and attractions, this is a rare chance to secure a high upside renovation project in one of Pinellas Countys most desirable coastal markets.