13378 1ST STREET E, MADEIRA BEACH FL 33708

$470,000

13378 1ST STREET E, MADEIRA BEACH, FL 33708

bedrooms

bathrooms

square feet

1,572

Acreage

0.09

Open Houses

year built

1959

Full Baths

Half Baths

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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!

Location
Subdivision	MITCHELLS BEACH REV
County	Pinellas
Elementary School	Orange Grove Elementary-PN
Middle School	Seminole Middle-PN
High School	Seminole High-PN

Driving directions

Open houses

None scheduled.

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MLS number: TB8344674

Listing agent: John Barkett #3274213

Listing broker: Barkett Realty (727) 388-9500

Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 9 2025 at 10:25 p.m. EDT

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