$435,000 for Sale
13378 1st street , madeira beach, FL 33708
| Beds 2 | Baths 2 | 1,572 Sqft | 0.09 Acres |
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Property Description
SIGNIFICANT PRICE IMPROVEMENT! 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, submitted and approved with permit in hand, 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!
General Information
Sale Price: $435,000
Price/SqFt: $277
Status: Active
MLS#: TB8344674
City: madeira beach
Post Office: madeira beach
Schools: seminole high-pn
County: Pinellas
Subdivision: mitchells beach rev
Acres: 0.09
Lot Dimensions: 41 x 104
Bedrooms:2
Bathrooms:2
House Size: 1,572 sq.ft.
Acreage: 0.09 est.
Year Built: 1959
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: Block, Concrete, Stucco
Exterior Misc: Other, Outdoor Shower
Basement: No
Foundation : Concrete Perimeter, Slab
Cooling: Wall/Window Unit(s)
Heating: None, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,354
Legal Description: MITCHELL'S BEACH REVISED BLK 11, LOT 13
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: John Barkett of BARKETT REALTY, Phone: 727-388-9500
