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Property Description

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, 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!

Features
None, Wall Units / Window Unit
Wall/window Unit(s)
Yes
Screened, Front Porch
Unfurnished
Other, Outdoor Shower
Ceramic Tile, Terrazzo
Ninguno
Laundry Room, Washer Hookup, Electric Dryer Hookup
Landscaped
Guest, Common, Off Street
Shingle
Public Sewer
Bb/hs Internet Available, Electricity Available, Public, Cable Available, Street Lights, Sewer Available, Water - Multiple Meters
Address Map
FL
Pinellas
MADEIRA BEACH
33708
13378 1ST STREET E
0
W83° 12' 46.2''
N27° 47' 25.2''
From 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 Ave E, then take an immediate left onto 1st St E. The property 13378 1st St E will be on your right. For GPS navigation, enter 13378 1st St E, Madeira Beach, FL 33708 into your preferred mapping app.
MITCHELLS BEACH REV
Additional Info
BARKETT REALTY
John Barkett
Block, Stucco, Concrete
1
Orange Grove Elementary-PN
Slab, Concrete Perimeter
Seminole High-PN
12 Months
One
260037287
260032050
Cash, Fha
Seminole Middle-pn
3
Fixer
Street Paved
No
$7,354
2024
Public
02/12/2025 03:46:25
$0

13378 1ST STREET E, MADEIRA BEACH, Florida 33708

13378 1ST STREET E, MADEIRA BEACH, Florida 33708

2 Bedrooms
1,572 Sqft
$470,000
Listing ID #TB8344674
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : TB8344674
Price : $470,000
Bedrooms : 2
Square Footage : 1,572 Sqft
Year Built : 1959
Lot Area : 4,060 Sqft
Standard Status : Active
Building Area : 1,699 Sqft
MLS Status : Active
Property Type : Triplex
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