MADEIRA BEACH, FL 33708 13388 1ST STREET E

Pending
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Presented By: BARKETT REALTY with 727-388-9500. - 727-388-9500
  • MLS# TB8355846
  • 03/23/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,572

Home Details

Under contract-accepting backup offers. 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. With alley access, six (6) off-street parking spaces, and individually metered utilities, 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 walk/bike 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 three to five units awhile retaining and living 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 monthly 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/rental property near John’s Pass means embracing a true Florida lifestyle with endless recreation, stunning Gulf views steps away, 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 beach 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!
Presented By: BARKETT REALTY with 727-388-9500. - 727-388-9500

Interior Features for 13388 1ST STREET E

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, terrazzo
Furnished Y/Nunfurnished
Heating Y/NYes
Interior Amenitiesninguno
Laundry Featureselectric dryer hookup, laundry room, washer hookup

General for 13388 1ST STREET E

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citymadeira beach
Construction Materialsblock, concrete, stucco
Coolingwall/window unit(s)
Countypinellas
Directionsfrom i-275 s, take exit 28 for fl-694 w/gandy blvd toward seminole/largo. continue west on park blvd n for approximately 8.5 miles. turn left onto gulf blvd and drive 1.8 miles. turn right onto 137th
DockY/NNo
Elementary Schoolorange grove elementary-pn
Flood Zone Codeae
Garage Y/NNo
Gross Income66600
HOANo
Heatingnone, wall units / window unit
High Schoolseminole high-pn
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionmitchell's beach revised blk 11, lot 12
Levelsone
Listing Termscash, fha, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet4060
Lot Size Unitssquare feet
MLS Area33708 - st pete/madeira bch/n redington bch/shores
Middle/Junior High Schoolseminole middle-pn
Minimum Leaseno minimum
ModificationTimestamp2025-04-17t15:26:37.277z
New ConstructionNo
Number Of Units Total3
Ok to Lease12 months
Ownershipfee simple
Patio/Porch Featuresfront porch, screened
Pets Allowedyes
Possessionclose of escrow
Property Conditionfixer
Property Subtypetriplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namemitchells beach rev
Tax Annual Amount5931.53
Tax Lot12
Tax Year2024
Tenant Payselectricity, sewer, trash collection, water
Utilitiesbb/hs internet available, cable available, electricity available, public, sewer available, street lights, water - multiple meters
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1959

Exterior for 13388 1ST STREET E

Building Area Total1699
Exterior Amenitiesother, outdoor shower
Foundation Detailsconcrete perimeter, slab
Lot Dimensions41 x 104
Lot Featureslandscaped
Lot Size Acres0.09
Lot Size Area4060
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Water Meters3
Parking Featurescommon, guest, off street
Private PoolNo
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
Water Sourcepublic

Additional Details

Price History

Schools

High School Seminole High-PN
Elementary School Orange Grove Elementary-PN
Middle School Seminole Middle-PN

Andre LaFountain

Realtor / Coach
Price $435,000
MLS#TB8355846
List Date 03/23/2025
Property Type Pending
Phone 518.569.7173
Request Tour
Request Info
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Location
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