$749,999
 $4,026 est/mo Sourced by Back At You

13388 1st St E,MADEIRA BEACH, FL 33708

MADEIRA BEACH, FL 33708

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Description

Income-Producing Coastal Triplex - One Block from Madeira Beach Rare opportunity to own a fully renovated, income-producing triplex just one block from the Gulf beaches in desirable Madeira Beach. Two of the three units are currently leased, generating $3,600 per month in rental income, with the third unit available to lease, occupy, or use as a seasonal residenceoffering immediate cash flow with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal investment for seasonal residents, traveling professionals, or those seeking extended beach stays. The area is well suited for 90-day+ seasonal rentals, providing strong demand while minimizing the turnover associated with STR rentals. Property Highlights Income-producing property with two leased units generating $3,600/month Opportunity to lease the third unit and achieve projected rental income of $6,000+ per month ($72,000+ annually) One block from Madeira Beach Approximately a 5-minute walk to John’s Pass Village, restaurants, shops, and marina Multifamily zoning with potential for duplex through quadplex development (buyer to verify all zoning and redevelopment opportunities) New HVAC systems and water heaters Updated kitchens, bathrooms, flooring, and fixtures Turnkey, low-maintenance condition Located in a high-demand beachside area with excellent long-term appreciation and rental potential Whether you’re an investor seeking immediate cash flow, a buyer looking to maximize rental income, or a house hacker wanting to live in one unit while the others generate income, this renovated beachside triplex provides a rare combination of location, flexibility, and long-term value.

Details

MLS #O6391215
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1959
Days On Site165
Listing Provided ByBEYCOME OF FLORIDA LLC | Steven Koleno

Features

Bed(s)6
Bath(s)5
SQ Feet1,572
Units3
Acreage0.09

Taxes

Property4805

Area Information

StateFL
CountyPinellas
CityMADEIRA BEACH
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NameMITCHELLS BEACH REV
Listing VS Median (in MITCHELLS BEACH REV)
Price:
$749,999
low | high
Med:
$839,000
38.133184177579% of Average
sqft:
1,572
low | high
Med:
1,404
60.687022900763% of Average
$ / sqft:
$477
low | high
Med:
$598
24.747411344127% of Average
On site:
165
low | high
Med:
118
100% of Average
Sourced by Back At You

Market Activity 33708

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of August 28, 2026 at 2:07:04 AM PDT 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityMADEIRA BEACH
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NameMITCHELLS BEACH REV
Listing VS Median (in MITCHELLS BEACH REV)
Price:
$749,999
low | high
Med:
$839,000
38.133184177579% of Average
sqft:
1,572
low | high
Med:
1,404
60.687022900763% of Average
$ / sqft:
$477
low | high
Med:
$598
24.747411344127% of Average
On site:
165
low | high
Med:
118
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 1,000 - 1,500
Listing Updated: August 4, 2026 at 8:34:20 AM PDT