Pinellas Barrier Islands 10 Deals Sourced

The residential side of your Madeira Beach empire.

You're building the hotels, the marina, the Town Center. We build the premium single-family homes on the lots you're not developing — with the same subcontractor crews, the same coastal construction standards, and a GC who's been doing this for 25 years.

10

Deals Sourced

$4.8M

Total Acquisition

$15M+

Exit Value Potential

The Pitch

You handle the hotels.
We handle the houses.

Bill — you've got the Beachmaker, the Marriott Tribute at John's Pass, the Sandalwood redevelopment, the Town Center Phase 2 selling out. Marcus runs the restaurants. Jeff runs the sales. But none of those projects touch the single-family residential lots that are sitting all over Madeira Beach and Treasure Island right now.

That's what we do. Collaborative Concepts sources the lots, underwrites the deals, and brings investor capital. La Gala Construction (FL CGC 059211) builds elevated, FEMA-compliant, hurricane-rated coastal homes — the same caliber you'd expect from a Keith La Gala crew with 25+ years in South Florida.

Jim — your modular platform concept is smart for the affordable tier. But the premium custom tier ($1.2M–$2.5M exit) is wide open. These 10 lots are too good for cookie-cutter builds and too small for hotel development. They're perfect for what we do.

Why partner with us?

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Licensed GC in-house — La Gala Construction (CGC 059211), 25+ years, UF Construction Management. See La Gala's site →

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We bring the capital — JV equity model, 50/50 split, 10% pref to investors. You don't fund anything.

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FEMA-compliant builds — Elevated, hurricane-rated, above BFE+3ft. Reduces buyer's flood insurance and commands premium pricing.

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Residential focus only — We don't compete with your hospitality projects. We complement them.

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Split-build strategy — Sequential construction on adjacent lots to control capital exposure. Proven on our Madeira Beach flagship.

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Jeff sells them — Century 21 Beggins handles sales on your condo-hotels. Same team can list our completed homes. Everyone wins.

Our Flagship (Proof of Concept)

Madeira Beach — 2 adjacent lots, 2 elevated coastal homes. Acquired from storm-displaced sellers at 50% of pre-Helene value. JV equity structure, escrow draws, La Gala building. Split schedule controls capital exposure. First right of refusal on deal #2.

See full deal structure →
Active Pipeline

10 acquisition-ready opportunities.

Every lot below is currently listed, actively marketed, and priced for a ground-up elevated coastal home. We've underwritten each one against new construction comps ($521–$631/sqft) in the immediate area.

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Madeira Beach

6 Lots
Deal #1 · Waterfront

449 S Bayshore Drive

Madeira Beach, FL 33708

$925K

Asking

6,103

Lot Sqft

Canal

Waterfront

Active

Status

Existing home scheduled for demolition. Pool and boat lift infrastructure already in place. Canal-front with Gulf access. Demo already in process — buy the lot, skip the teardown timeline, and start building immediately.

Why This Deal

Demo costs eliminated. Boat lift = premium buyer amenity. Canal-front lot with direct Gulf access commands top-tier comps. Build a 2,400 sqft elevated 4/3 → exit at $1.5M–$1.8M.

Deal #2 · Waterfront

811 Bay Point Drive

Madeira Beach, FL 33708

$900K

Asking

7,288

Lot Sqft

Bay

Waterfront

Active

Status

Vacant waterfront lot on Bay Point Drive with two boat lifts already installed. 7,288 sqft — one of the larger available lots in the neighborhood. Deep water access, ready for new construction with zero demo or remediation needed.

Why This Deal

No demo, no remediation, no delays. Two boat lifts = dual watercraft for premium buyers. Large lot supports a 2,800+ sqft build. Bay views command highest per-sqft pricing. Exit at $1.6M–$2.0M.

Deal #3 · Bay Point

837 Bay Point Drive

Madeira Beach, FL 33708

$950K

Asking

7,510

Lot Sqft

Bay Point

Neighborhood

Active

Status

Premium Bay Point Estates lot — same neighborhood as the $1.25M listing at 882 Bay Point. 7,510 sqft gives you room for a substantial build with full setback compliance. Established luxury enclave with protected waterways.

Why This Deal

Bay Point is the prestige address in Madeira Beach. Neighborhood comps support premium pricing. Pair this with Deal #2 (811 Bay Point) for a dual-lot split-build strategy — same street, sequential construction, shared sub crews.

Deal #4 · Duplex Zoning

645 Normandy Road

Madeira Beach, FL 33708

$950K

Asking

9,230

Lot Sqft

R-2

Zoning

Active

Status

Oversized 9,230 sqft lot with R-2 zoning potential — allows duplex or triplex under current code, or a massive 5,000+ sqft single-family home. This is a redevelopment play with optionality: build one premium home or two elevated units and sell individually.

Why This Deal

Largest lot on this list. R-2 zoning gives you multi-unit optionality — build two elevated units at $1.2M each for a $2.4M total exit, or one trophy home at $2.0M+. Jim's modular platform could even stack here.

Deal #5 · Value Play

14268 N Bayshore Drive

Madeira Beach, FL 33708

$449K

Asking

6,530

Lot Sqft

Bayshore

Location

Active

Status

Sub-$450K entry point on N Bayshore Drive — the most affordable active lot in Madeira Beach. 6,530 sqft is plenty for a 2,200 sqft elevated 3/3. Bayshore corridor is seeing rapid new construction as storm-damaged homes get replaced.

Why This Deal

Best margin on the list. $449K lot + $400K build = $849K all-in. New construction Bayshore comps at $1.2M–$1.4M. That's a $350K–$550K gross profit on a single-family home. Low capital requirement, high ROI.

Deal #6 · Entry Level

13354 2nd Street East

Madeira Beach, FL 33708

$299K

Asking

4,060

Lot Sqft

Interior

Location

Active

Status

Lowest entry point in Madeira Beach — $299K for a 4,060 sqft lot. Interior location but still Madeira Beach address. Perfect for a compact elevated 3/2 targeting the $800K–$1.0M buyer who wants a new-construction beach home without the waterfront premium.

Why This Deal

Proof of concept for Jim's modular approach. $299K lot + $300K elevated modular = $599K all-in. Exit at $850K–$1.0M. This is where modular + custom converge — test the platform concept with real market validation.

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Treasure Island

4 Lots
Deal #7 · Waterfront

850 Capri Boulevard

Treasure Island, FL 33706

$1.75M

Asking

11,561

Lot Sqft

100'×120'

Dimensions

Active

Status

Trophy lot on Isle of Capri — 100' × 120' at the end of a private cul-de-sac with panoramic Intracoastal views. This is the largest single waterfront lot available on Treasure Island. Uninterrupted sight lines, deep water, ultimate privacy.

Why This Deal

This is a $3.0M–$3.5M exit. Build a 3,500+ sqft custom elevated estate with private dock, pool deck, and panoramic views. Comp: 352 145th Ave sold at $3.3M. Higher entry, but the margin math works at this tier.

Deal #8 · Lagoon

12620 Lagoon Lane

Treasure Island, FL 33706

$999K

Asking

11,448

Lot Sqft

Lagoon

Waterfront

Active

Status

Oversized lagoon-front lot on Lagoon Lane — 11,448 sqft with protected waterway access. Lagoon Lane is a quiet residential corridor with consistently strong resale values. Room for a substantial build with dock and outdoor living.

Why This Deal

Protected lagoon = no storm surge risk to dock infrastructure. Oversized lot supports a 3,000 sqft 4/3 with pool. $999K lot + $500K build = $1.5M all-in → exit at $2.0M–$2.3M. Strong margin with lower risk profile.

Deal #9 · Gulf Front

148 98th Avenue

Treasure Island, FL 33706

$650K

Asking

4,822

Lot Sqft

Near Gulf

Location

Active

Status

Mid-island Treasure Island lot at a strong price point. 98th Avenue is walkable to Gulf beaches and central to the island's amenities. Compact lot but sufficient for an elevated 3/2 or 3/3 that targets the $1.0M–$1.3M buyer.

Why This Deal

$650K entry in Treasure Island is below median. Build a 2,000 sqft elevated coastal home — modern finishes, impact windows, metal roof. All-in $1.0M → exit $1.3M–$1.5M. Clean, repeatable, scalable.

Deal #10 · Value Play

140 92nd Avenue

Treasure Island, FL 33706

$549K

Asking

6,408

Lot Sqft

Interior

Location

Active

Status

Treasure Island lot at a Madeira Beach price. 6,408 sqft on 92nd Avenue — generous lot size for the price point, suitable for a full 2,400 sqft elevated home with yard space. Interior location keeps acquisition cost low while maintaining the Treasure Island address.

Why This Deal

Highest ROI potential on the Treasure Island side. $549K + $400K build = $949K all-in. New construction TI comps at $1.2M–$1.4M. $250K–$450K gross margin. Pair with Deal #9 for a dual-build strategy.

Pipeline summary

# Address City Ask Lot Sqft Est. Build All-In Est. Exit Gross Margin
1 449 S Bayshore Dr Madeira Beach $925K 6,103 $450K $1.38M $1.65M $275K
2 811 Bay Point Dr Madeira Beach $900K 7,288 $480K $1.38M $1.80M $420K
3 837 Bay Point Dr Madeira Beach $950K 7,510 $480K $1.43M $1.85M $420K
4 645 Normandy Rd Madeira Beach $950K 9,230 $500K $1.45M $2.00M $550K
5 14268 N Bayshore Dr Madeira Beach $449K 6,530 $400K $849K $1.30M $451K
6 13354 2nd St E Madeira Beach $299K 4,060 $350K $649K $950K $301K
7 850 Capri Blvd Treasure Island $1.75M 11,561 $600K $2.35M $3.30M $950K
8 12620 Lagoon Ln Treasure Island $999K 11,448 $500K $1.50M $2.15M $650K
9 148 98th Ave Treasure Island $650K 4,822 $380K $1.03M $1.35M $320K
10 140 92nd Ave Treasure Island $549K 6,408 $400K $949K $1.30M $351K
TOTALS (10 Deals) $8.37M $4.54M $12.91M $15.70M $4.69M

*Exit values based on median $/sqft for new construction in respective markets. Build estimates include elevated FEMA-compliant construction, impact windows, and coastal finishes. Actual results may vary. Listing prices as of April 2026.

How the partnership works.

Zero capital required from you. Zero distraction from your hotel projects. We handle everything on the residential side.

1

We Source

CC identifies and underwrites lots from the pipeline. We negotiate acquisition and bring investor capital to close.

2

La Gala Builds

Keith La Gala's crew handles permitting, construction, and inspections. Elevated, FEMA-compliant, hurricane-rated. CGC 059211

3

Jeff Sells

Century 21 Beggins lists the completed homes. Jeff's team already knows every buyer in these zip codes. Same platform, new product type.

4

Everyone Wins

Bill's community gets rebuilt. Jim's brand sells more product. Investors earn returns. New homeowners get hurricane-ready homes. The beach comes back.

Our GC Partner

Built by La Gala Construction.

Every home in this pipeline will be built by La Gala Construction — Florida State Certified General Contractor (CGC 059211), 25+ years in South Florida, University of Florida Construction Management degree. Keith La Gala has built Drift Hotel, Springbrook Gardens, and managed the Hyatt Fort Lauderdale.

Same standard of construction you'd expect on a hospitality project — applied to premium single-family homes. Elevated foundations, hurricane-rated envelopes, coastal-grade finishes.

Drift Hotel
Springbrook Gardens
Hyatt Fort Lauderdale

Let's build Madeira Beach back — together.

Bill, Jim — this pipeline is real and these lots are moving. We've done the sourcing, the underwriting, and the comp analysis. Now we need the partnership to execute. Call Danny.