Island Estates Unit 1 Homes with No Deed Restriction Community Extras

Welcome to Island Estates Unit 1, a hidden gem nestled in the heart of Madeira Beach, Florida. This charming subdivision in Pinellas County combines a laid-back coastal lifestyle with the convenience of modern amenities, making it an ideal place to call home.

Island Estates Unit 1 is renowned for its picturesque waterfront properties that offer stunning views and easy access to the sparkling waters of the Gulf of Mexico. Homeowners here enjoy a unique advantage with no deed restrictions, allowing for greater flexibility in property use. Whether you envision a cozy beach cottage, a luxurious waterfront retreat, or a vibrant vacation rental, the possibilities are endless in this inviting community.

The neighborhood fosters a warm and friendly atmosphere, where residents often gather to celebrate the beauty of island living. Stroll along the serene streets lined with swaying palm trees, or take a short bike ride to the nearby beaches, where you can soak up the sun or indulge in water sports. The close-knit community hosts various local events, ensuring that you’ll always feel connected to your neighbors.

Island Estates Unit 1 is also conveniently located near a variety of shopping, dining, and entertainment options. From fresh seafood restaurants to charming boutiques, everything you need is just a stone's throw away.

If you're looking for a vibrant community with endless possibilities, Island Estates Unit 1 could be your perfect match. Embrace the Florida lifestyle and make this enchanting neighborhood your new home!

Newest Island Estates Unit 1 Homes with No Deed Restriction Community Extras

$799,000

2 Beds ⋅ 3 Baths ⋅ Island Estates Unit 1 SubDv. ⋅ 33708 Zip Code

STUNNING WATERFRONT OPPORTUNITY IN MADEIRA BEACH! Bring your boat, your vision, and your plans for the ultimate coastal retreat! This exceptional waterfront property offers a private pool, concrete seawall, dock, and boat lift already in place giving you a head start on creating your dream waterfront lifestyle. The owner is a licensed General Contractor and is available to build a custom home on a cost-plus structure, potentially providing significant savings compared to traditional new-construction pricing. The existing home was previously flooded and has been fully remediated but not rebuilt. The property was determined NOT to be substantially damaged, providing buyers with options to explore renovation or a teardown and custom rebuild, subject to buyer due diligence and all applicable permitting and regulatory requirements. Located in the heart of Madeira Beach, you’ll be close to the Gulf beaches, boating waterways, shopping, dining, and the vibrant John's Pass Village & Boardwalk. This is a rare opportunity to secure a waterfront property with many of the expensive exterior improvements already in place and create something truly special. Property is being sold AS-IS with no warranties. Buyer and buyer's agent to verify all measurements, flood zone information, substantial damage determination, permitting requirements, building restrictions, and any other information important to the buyer. Bring your builder, bring your vision, and take advantage of this incredible Madeira Beach waterfront opportunity!

639 Normandy Road, Madeira Beach

$1,397,900

2 Beds ⋅ 2 Baths ⋅ Island Estates Unit 1 SubDv. ⋅ 33708 Zip Code

Island paradise, with room to relax or redevelop. Fully renovated, extremely spacious, 2-bedroom, 2-bath waterfront home on a rare oversized double lot in Madeira Beach—where boating, breezes, and open space come together the way coastal living is supposed to be. This easygoing beach home features a metal roof (including new trusses, sheeting, metal, insulation - 2013), two-car garage, and a new dock with a 14,000-lb boat lift (2021) complete with water and electric. Launch the boat, cruise the Intracoastal, or head out for a sunset ride—it’s all right in your backyard. Both the front and back yards are fully fenced, offering privacy and plenty of room to relax, entertain, or let pets roam. The expansive lot (over 100' wide) opens the door to outdoor living— waterfront grilling, firepit nights, or simply enjoying the salt air with room to spare. There's plenty of room to add a pool, too! The home was thoughtfully modified in 2013-2015 to provide for an open floorplan and capitalize on the water views. Having undergone an interior renovation in 2025, with all new appliances at that time. It is in near-perfect condition, move-in ready, while still leaving space for future expansion or personal touches. The seller also has full drawings for a 2nd floor addition to add a large primary suite for extra living space. For those looking ahead, the double lot offers potential to subdivide and build two new construction homes, adding long-term flexibility and value. Located just minutes from the beach, restaurants, and shops, this property delivers the laid-back Madeira Beach lifestyle—boating in the morning, beach walks in the afternoon, and waterfront evenings at home. Extra land. Deep coastal roots. Endless possibilities.

600 Normandy Road, Madeira Beach

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