13388 1st St E
Madeira Beach, FL 33708
$435,000
Price
2
Beds
2
Baths
1,572 Sq. Ft.
$277 / Sq. Ft.
1,572
Sq. Ft.
$277
per Sq. Ft.
Description
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...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!
- Listed by John Barkett • Brokerage DRE #1052056 • BARKETT REALTYP: (727)-388-9500 john@BarkettRealty.com
Property Details for 13388 1st Street East
Subdivision Name
MITCHELLS BEACH REV
Township31
WaterfrontNo
FurnishedUnfurnished
LISTING UPDATED: 03/25/2025 09:12 PM
Property Details for 13388 1st Street East
| Status | Active |
|---|---|
| MLS # | TB8355846 |
| Days on Market | 7 |
| Taxes | $5,932 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Triplex |
| Year Built | 1959 |
| Lot Size | 0.09 AC / 4,060 SF |
| County | Pinellas County |
Building Information for 13388 1st Street East
Stories-Residences3Year Built1959Building Size-Lot Size0.09 AC / 4,060 SF
Property Information for 13388 1st Street East
Summary
Location and General Information
- Building Area Source: Public Records
- Building Area Total: 1699.0
- Building Area Units: Square Feet
- Directions: 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 13388 1st St E will be on your right. For GPS navigation, enter 13388 1st St E, Madeira Beach, FL 33708 into your preferred mapping app.
- Elementary School: Orange Grove Elementary-PN
- Middle Or Junior School: Seminole Middle-PN
- High School: Seminole High-PN
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Road Frontage Type: Street Paved
- Senior Community: No
- Unit Number: No
- Street Number: 13388
- Street Name: 1ST
- Street Suffix: STREET
- Street Direction Suffix: E
- State: FL
- City: MADEIRA BEACH
Parking
- Carport: No
- Garage: No
- Parking Features: Common, Guest, Off Street
Taxes and HOA Information
- Association Approval Required: No
- Association: No
- CDD: No
- Pet Restrictions: As They Pertain to Local City and County Law. Buyer responsible to verify.
- Tax Block: 11
- Tax Book Number: 3-54
- Tax Legal Description: MITCHELL'S BEACH REVISED BLK 11, LOT 12
- Tax Lot: 12
- Tax Year: 2024
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/TB8355846
Property
Lot Information
- Additional Parcels: No
- Lot Features: Landscaped
- Lot Size Dimensions: 41 x 104
- Parcel Number: 153115583200110120
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 1
- Water Access: No
- Water Extras: No
- Living Area: 1572
- Lot Dimensions: 41 x 104
Property and Assessments
- Year Built Numeric: 1959
- Flood Zone Code: AE
- Homestead: No
- New Construction: No
- Property Condition: Fixer
- Public Survey Range: 15
- Public Survey Section: 15
- Dock YN: No
Utilities
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Water - Multiple Meters
- Water Source: Public
- Num Electric Meters: 3.0
- Num Water Meters: 3.0
Interior and Exterior Features
Exterior Features
- Construction Materials: Block, Concrete, Stucco
- Exterior Features: Other, Outdoor Shower
- Foundation Details: Concrete Perimeter, Slab
- Levels: One
- Patio And Porch Features: Front Porch, Screened
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 2
- Cooling: Wall/Window Unit(s)
- Fireplace: No
- Flooring: Ceramic Tile, Terrazzo
- Heating: None, Wall Units / Window Unit
- Interior Features: Ninguno
- Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Expenses: $23,310
- Annual Net Income: $43,290.00
- Est Annual Market Income: $66,600.00
- Gross Income: $66,600
- Unit Count: 2
Rental
Rental Information
- Tenant Pays: Electricity, Sewer, Trash Collection, Water
- Minimum Lease Period: 0
- Pets Allowed: Yes
Property History for 13388 1st Street East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 13388 1st Street East
Taxable ValueLand-Additions-Total-
Tax Record2024$5,991 ($499 / month)
Home Facts
Baths3Total Finished SqFt1,572 SqFtAbove Grade Finished SqFt1,572 SqFtStories1Lot Size4,060 SqFtStyleTriplexYear Built1959Year Renovated1968CountyPINELLASAPN15-31-15-58320-011-0120
Schools near 13388 1st Street East
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Orange Grove Elementary School PublicPK to 5 | ||
Seminole Middle School Public6 to 8 | ||
Seminole High School Public9 to 12 | ||
Madeira Beach Fundamental K-8 PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of BARKETT REALTY, John Barkett
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/25/2025 09:12 PM
