Island Estates Unit 1 Homes for Sale

Welcome to Island Estates Unit 1, a hidden gem nestled in the picturesque Madeira Beach, Florida. This charming subdivision offers a unique blend of coastal living and community spirit, making it the perfect place to call home. With its tranquil atmosphere and stunning waterfront views, Island Estates Unit 1 is ideal for those seeking a serene lifestyle while still being close to vibrant beach life.

The homes for sale in Island Estates Unit 1 range from beautifully designed single-family residences to luxurious waterfront properties, each boasting unique architectural styles and modern amenities. Many of these homes feature spacious layouts, private pools, and breathtaking views of the Intracoastal Waterway, allowing you to enjoy Florida’s beautiful sunsets from the comfort of your own backyard. Whether you’re looking for a cozy retreat or a grand family home, you’ll find a variety of options that cater to your needs.

In addition to the stunning homes, Island Estates Unit 1 is conveniently located near some of the best attractions Madeira Beach has to offer. Enjoy a leisurely stroll along the sandy shores, indulge in fresh seafood at local restaurants, or take advantage of the nearby parks and recreational activities. With easy access to shopping, dining, and entertainment, this subdivision provides the perfect balance of relaxation and convenience.

Discover your dream home in Island Estates Unit 1 and embrace the idyllic Florida lifestyle. The opportunity to own a piece of this coastal paradise awaits you!

Newest Island Estates Unit 1 Homes for Sale

$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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