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13388 1ST ST E Madeira Beach, FL 33708

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $276

Subdivision Mitchells Beach Rev

MLS Listing ID TB8355846

Bedrooms 2

Construction Status Fixer

HOA Y/N No

Originating Board Stellar MLS

Year Built 1959

Annual Tax Amount $5,931

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 41x104

Property Sub-Type Triplex

Property Description

Prime Investment Opportunity in Madeira Beach! Savvy investors, take note! This triplex, three Income-Producing Units, totaling 1,572 SqFt of Heated Living Space, 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. 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. This incredible investment property at 13388 1st St E, Madeira Beach, FL, presents quite a unique opportunity—especially when coupled with the property next door to the south at 13378 1st St E. Imagine the potential of renovating and renting out one or both homes in this highly sought-after beachside location, maximizing your rental income in one of the most desirable vacation destinations on the Gulf Coast! This is a Must-See Investment: Steps from the Beach – Prime location just minutes from the sand & surf. Rental Income Potential – Ideal for short-term or long-term rentals. Renovation Ready – Customize both properties to maximize value. High Demand Area – Madeira Beach is a hotspot for vacationers & renters. Walkable Location – John's Pass Village & Boardwalk in Madeira Beach is a premier waterfront destination offering boating adventures, dolphin tours, deep-sea fishing, and watersports. Enjoy fresh seafood, waterfront dining, unique boutiques, and live entertainment, making it a lively hub for both locals and tourists. Owning a home near John's Pass means embracing a true Florida lifestyle with endless recreation, stunning Gulf views, and incredible investment potential! With the right vision, this investment could generate exceptional returns—whether you're looking to flip, hold, or create an unbeatable beachside rental portfolio. Opportunities like this don't last long—secure your piece of paradise today! Contact us for details on purchasing one or both properties and unlocking their full income potential!

Location

State FL

County Pinellas

Community Mitchells Beach Rev

Direction E

Interior

Interior Features Ninguno

Heating None, Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Terrazzo

Furnishings Unfurnished

Fireplace false

Laundry Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Exterior Feature Other, Outdoor Shower

Parking Features Common, Guest, Off Street

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Water - Multiple Meters

Roof Type Shingle

Porch Front Porch, Screened

Garage false

Private Pool No

Building

Lot Description Landscaped, Paved

Entry Level One

Foundation Concrete Perimeter, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Fixer

Schools

Elementary Schools Orange Grove Elementary-Pn

Middle Schools Seminole Middle-Pn

High Schools Seminole High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, FHA, Owner Financing

Listing Terms Cash, FHA, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8355846

Listed by BARKETT REALTY

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