$470,000

13378 1st St E Madeira Beach, FL 33708

$5,581
Closing credit¹
2 beds
2 baths
1,572 sqft
0.09 acres
$299 / sqft
Multi-Family

Property details

About 13378 1st St E

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!

Highlights

Home typeTriplex
HeatingNone, Window Unit(s)
StatusActive
CoolingWall/Window Unit(s)
Size1,572 sqft
Lot size0.09 Acres
Year built1959
ParkingCommon, Guest, Off Street
MLS #TB8344674

Virtual tour

Summary

  • MLS Number: TB8344674
  • MLS Name: MFRMLS
  • Office Name: BARKETT REALTY
  • Office Phone: (727) 388-9500
  • Listing Agent: John Barkett

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a sunroom

$470,000

13378 1st St E

$5,581

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 06, 2006
Home Sold
$398,000
Jul 07, 2004
Home Sold
$275,000
Dec 18, 2002
Home Sold
$220,000

Tax history

YearAssessmentProperty Tax
2023$540,000$6,683
2022$450,000$5,871
2021$320,500$5,871
2020$298,946$5,010
2019$228,446$4,163
2018$207,678$3,703
2017$202,054$3,389

History based on county public records data.

Nearby schools

7

Azalea Elementary

Public District PK-5

2.8 mi

1680 74th St N

10

Orange Grove Elementary

Public District KG-5

2.8 mi

10300 65th Ave

7

Seventy - Fourth St. Elementary

Public District PK-5

3.1 mi

3801 74th St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,754. The most common annual income of people living in Madeira Beach, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

34%
<35k
46%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
6%
Single, with Kids
21%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
15%
18-34 yrs old
59%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Horse RacesHorse Races
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • QdobaQdoba
  • LongHorn SteakhouseLongHorn Steakhouse
  • ChipotleChipotle

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 13378 1st St E in Madeira Beach, FL and zip code 33708. This 1,572 square foot home, which was built in 1959, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $470,000.

In January 2025, from all listings sold in Madeira Beach, FL there were more than 1 sold above asking price, over 10 sold below and more than 1 were sold right at the asked price. In January 2025 in Madeira Beach, FL there were 4.4% more homes for sale than in December. Listings spent 38 days on the market in January 2025, and had a median list price of $775,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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