Gulf Shores
Condos for Sale in Madeira Beach, FL

All 123 homes for sale in Madeira Beach, FL · median $699,000 · 78 homes for sale in 33708 · Pinellas County homes for sale

Community in Madeira Beach · Pinellas County · ZIP 33708
Median sale $2.80M
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Built fromLive Stellar MLS data14 years of closingsUpdated twice daily

As of September 2026, Gulf Shores 2Nd Add in Madeira Beach, FL has 4 homes for sale, asking from $550,000 to $2,779,000 (median $2,727,000). Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $2,799,000, $1,201 per square foot, a median 16 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 1948–2026 with 4 new construction; 2 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $54,260 ($53,450 with the full homestead exemption).

Live · Gulf Shores Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$2.80M
Median sold · 12 mo
$1201/sf
Sold $/sqft · 12 mo
peak $1201 in 2026
100.0%
Sale vs ask
Pinellas median: 93.6%
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
17days
Median DOM · closed
17 days at the 2026 low
0%
Under contract
Pinellas: 21% (1,729 of 8,357)
4 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 14 years of records
2,060sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Gulf Shores

Live MLS inventory for Gulf Shores. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Gulf Shores listings as of 2026-09-15, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by land and location, not by the houses themselves. With a median build year of 1954 and a median footprint around 1,375 square feet, the median price near $2,799,000 tells you what the market is really paying for: a Madeira Beach parcel close to the water. The median of roughly $1,201 per square foot on structures this modest confirms it — you are buying dirt and position, and the improvement is often secondary.

The posture is brisk for this price band. A median of about 16.5 days on market means well-positioned listings are not sitting. That said, the closings window is thin — only 4 recent sales — so treat the median as a directional read, not a precise gauge. Sellers with genuine water proximity have leverage; buyers should expect condition, elevation, and exact location to swing value far more than any headline number.

Gulf Shores Housing Pulse · Momentum Research · as of September 12, 2026

Gulf Shores right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Medium (4 active and pending listings, 4 closed sales in 12 months).

What's unique here: the median sale price is about 7x the typical Pinellas County sale ($2.80M vs $395K, trailing 12 months, Stellar MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Gulf Shores market snapshot (as of September 12, 2026): the median sale price is about $2.80M ($1201 per sq ft over the trailing 12 months of closed sales), a median 17 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market.

In ZIP 33708 (Madeira Beach), 466 homes closed in the last 12 months at a median of $512K ($372/sq ft), up 9.9% year over year, with a median 74 days on market. Right now 170 active and 25 pending listings put supply at about 6.4 months — a buyer's market. See the live ZIP 33708 housing market and the Pinellas County market.

Stellar MLS sales records identify 222 homes in Gulf Shores that have changed hands since 2004, built between 1935 and 2026 (median 1952), with a median living area of about 1,255 sq ft and a typical 2-bedroom, 2-bath layout; 94% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Gulf Shores Add is a small, largely built-out pocket of Madeira Beach in Pinellas County, where a build range spanning 1930 to 2024 means original cottages sit beside ground-up rebuilds — the lot, not the vintage, sets the tone.

Best for

  • Buyers with a high budget targeting a coastal lot for a custom rebuild or gut renovation
  • Second-home buyers comfortable with seasonal, lifestyle-driven inventory timing
  • Cash or well-capitalized buyers ready to move quickly on scarce, well-positioned listings

Probably not for

  • Value-per-square-foot shoppers expecting large, modern turnkey homes
  • Buyers needing a predictable, deep pool of comparable sales to anchor an offer
  • Anyone unwilling to underwrite elevation, flood exposure, and insurance costs on a coastal parcel

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

Gulf Shores 2Nd Add Market Scorecard

Strong buyer's market

Gulf Shores 2Nd Add is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $2,727,000, and homes go under contract in about 52 days.

12.0
Months supply
$2,727,000
Median list
$2,799,000
Median sold
$1346
Per sqft
52
Days on mkt
4/0/4
Active/Pend/Sold

Typical home value in the 33708 ZIP is $513,828, about 22.9% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Orange Grove Elementary-PN · Elementary
  • Seminole Middle-PN · Middle
  • Seminole High-PN · High

Zoned schools reflect the assignments reported on recent Gulf Shores listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Gulf Shores address.

If we were buying in Gulf Shores today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Gulf Shores.

Best Buy
Buyers who understand they are paying for a Madeira Beach lot first and the house second.
Biggest Risk
A thin sales count means the median is directional, not a precise value guide.
Sweet Spot
A parcel with strong position where the plan is to renovate or rebuild.
Avoid If
You want move-in-ready square footage at a predictable per-foot price.

A teardown-or-treasure market

With only 76 homes and a median vintage of 1954, this is a compact enclave where what stands on a given lot varies enormously. The 1930-to-2024 build span is the single most important fact here: some parcels carry mid-century structures at or near end of life, while others have been rebuilt to current code. That spread is why the per-square-foot figure runs high — buyers are frequently pricing the land and discounting or ignoring the existing improvement.

The homestead share sits near 35%, which points to a meaningful presence of second homes and non-primary ownership — unsurprising for a coastal Pinellas address. Practically, that can mean more seasonal turnover and inventory that trades on lifestyle timing rather than relocation necessity. For a buyer, the work is in the diligence: elevation, flood and insurance posture, seawall and dock condition where applicable, and whether you are buying to renovate, rebuild, or move in.

The location and the amenities are priced into every listing in Gulf Shores. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin — a handful of recent closings across only 76 homes — the median is a starting point, not an appraisal. We underwrite each property on its own terms: lot position, elevation and flood exposure, structure condition versus rebuild potential, and the real difference between a home to keep and a home to replace. That is where money is made or lost here, and it does not show up in a summary statistic.

Gulf Shores in 15 seconds.

Best forBuyers who understand they are paying for a Madeira Beach lot first and the house second.
Biggest advantageA scarce, small coastal enclave where well-positioned listings move quickly.
Biggest riskA thin sales count means the median is directional, not a precise value guide.
Sweet spotA parcel with strong position where the plan is to renovate or rebuild.
Avoid ifYou want move-in-ready square footage at a predictable per-foot price.

HOA, CDD & Fees

In short
  • HOA dues reported around $1,067/month (about $12,804/yr) · median of 3 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $1,067 per month ($12,804 a year) — the median AssociationFee across 3 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Gulf Shores sales matched to your home.

What is your Gulf Shores home worth?

Get a no-obligation home value based on real comparable sales in Gulf Shores, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Gulf Shores?
The median sale price in Gulf Shores was $2.80M over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Gulf Shores take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 17 days on market (4 sales, Stellar MLS).
Is Gulf Shores a buyer's or seller's market right now?
As of September 12, 2026, Gulf Shores leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Gulf Shores?
The best agent for Gulf Shores is one who actively works Madeira Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Gulf Shores.
How do I find a top Madeira Beach real estate agent who knows Gulf Shores?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Gulf Shores and the wider Madeira Beach area.
Can Momentum Realty connect me with an agent for Gulf Shores?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Gulf Shores purchase or sale - no call center and no pressure.
Buyers with a high budget targeting a coastal lot for a custom rebuild or gut renovationExcellent fit
Second-home buyers comfortable with seasonal, lifestyle-driven inventory timingExcellent fit
Cash or well-capitalized buyers ready to move quickly on scarce, well-positioned listingsExcellent fit
Value-per-square-foot shoppers expecting large, modern turnkey homesProbably not
Buyers needing a predictable, deep pool of comparable sales to anchor an offerProbably not
Anyone unwilling to underwrite elevation, flood exposure, and insurance costs on a coastal parcelProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 15, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (15 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in Gulf Shores 2Nd Add? 4 recorded closings; median 16 days on market (window ending 2026-09-12). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Gulf Shores with Momentum Realty’s local guides.

MPMadeira Place Condo0.1 mi away · median $375K, 4 sales/12 moSOSkyline Of Madeira Condo0.1 mi away · 1 for saleTCTrillium Condo0.1 mi awayGGGulf Gardens Motel Apartments Condo0.1 mi awayVMVilla Madeira Condo0.1 mi away · median $838K, 4 sales/12 moPAPalms At Madeira Beach Condo0.2 mi awayKCKima Condo0.2 mi away · 1 for saleGSGulf Shores0.2 mi away · median $970K, 6 sales/12 mo

Browse all neighborhood guides →

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