Price Reduced 7.45%
Price History
$470,000
2/11/2025
$435,000
3/23/2025
13378 1ST STREET E, Madeira Beach, FL, 33708
2 beds
1959
1,572 sqft
SIGNIFICANT PRICE IMPROVEMENT! An exceptional income-producing opportunity just steps from the Gulf in beautiful Madeira Beach! This triplex, featuring two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, offers strong rental potential. While the property sustained damage from Hurricane Helene, it has been verified as not substantially damaged by the municipality. The Substantial Improvement package required to pull a build back permit has already been completed by a licensed General Contractor, submitted and approved with permit in hand, meaning it's fully ready for renovation and can start generating income for its new owner quickly. With alley access, six (6) off-street parking spaces, and individually metered utilities (water & electric), this property is well-positioned for a seamless rehab and rental setup. Located in very close proximity to the beach (safe, lit crossing less than a block away) and just minutes from John’s Pass—Pinellas County’s #1 tourist destination—this is a prime rental investment opportunity. Property Highlights Include: Triplex – Three Income-Producing Units, 1,572 SqFt of Heated Living Space, Prime Location Near the Gulf & John’s Pass, Substantial Improvement Package Completed – Ready for Renovation, Individually Metered for Electric, Internet & Water, Six Parking Spaces & Alley Access, No HOA. This property is a rare find for investors looking to secure a fix-and-hold or renovate and flip in a high-demand beachside market. Don’t miss out on this chance to own a prime income property in one of Florida’s most sought-after coastal locations! Contact us today for more details or to schedule a showing!
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Electric Dryer Hookup, Laundry Room, Washer Hookup
Units:
3
Subdivision:
MITCHELLS BEACH REV
Garage:
Common, Guest, Off Street
Heating:
None, Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Lot Size:
41 x 104
Acreage:
0.09
Est. Taxes:
$7,354
Construction
Block, Concrete, Stucco
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Water - Multiple Meters
Lot Description:
Landscaped
Elementary School:
Orange Grove Elementary-PN
Middle School:
Seminole Middle-PN
High School:
Seminole High-PN
Days on Market:
42
Pet Policy:
Yes
Lease Term Type:
12 Months
Min Lease Term:
No Minimum
MLS #:
TB8344674
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of BARKETT REALTY Phone: 727-388-9500