8 hours on Rocket
$5,641 Closing Credit¹
#TB8371400, Stefan Alvarez, Listing Office: SOUTH CEDAR REAL ESTATE, INC
$435,000 List price
13388 1st St E Madeira Beach, FL 33708
$5,166
Closing credit¹
2 beds
2 baths
1,572 sqft
0.09 acres
$277 / sqft
Multi-Family
Property details
About 13388 1st St E
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!
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 #TB8355846
Virtual tour
Summary
- MLS Number: TB8355846
- MLS Name: MFRMLS
- Office Name: BARKETT REALTY
- Office Phone: (727) 388-9500
- Listing Agent: John Barkett
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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: 4/15/2025, 6:19:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$435,000
13388 1st St E
$5,166
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $540,000 | $5,417 |
| 2022 | $450,000 | $4,711 |
| 2021 | $257,800 | $4,711 |
| 2020 | $208,254 | $3,563 |
| 2019 | $148,022 | $2,752 |
| 2018 | $134,565 | $2,466 |
| 2017 | $134,891 | $2,223 |
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. Residents of Madeira Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically 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 Courses
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Express/Express For Men
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Qdoba
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Volkswagen
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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This home is located at 13388 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 March 23, 2025 and is currently priced at $435,000.
In March 2025 more than 2 listings in Madeira Beach, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 21 were sold below. Between February and March 2025, Madeira Beach, FL real estate market has seen increase in the number of listings by 9.6%. Listings spent 73 days on the market in March 2025, and had a median list price of $700,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.