#U8251467, Maria Crespo, Listing Office: EXP REALTY LLC
13378 1st St E Madeira Beach, FL 33708
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
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Summary
- MLS Number: TB8344674
- MLS Name: MFRMLS
- Office Name: BARKETT REALTY
- Office Phone: (727) 388-9500
- Listing Agent: John Barkett
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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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$470,000
13378 1st St E
$5,581
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 06, 2006 | Home Sold | $398,000 |
Jul 07, 2004 | Home Sold | $275,000 |
Dec 18, 2002 | Home Sold | $220,000 |
Tax history
Year | Assessment | Property 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.
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.
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.