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13378 1st Street E, MADEIRA BEACH, FL 33708
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Address: 13378 1st Street E, MADEIRA BEACH, FL 33708
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  • MLS#: TB8344674 ( Residential Income )
  • Street Address: 13378 1st Street E
  • Viewed: 63
  • Price: $435,000
  • Price sqft: $256
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 1699
  • Bedrooms: 2
  • Total Baths: 2
  • Days On Market: 44
  • Additional Information
  • Geolocation: 27.7903 / -82.7872
  • County: PINELLAS
  • City: MADEIRA BEACH
  • Zipcode: 33708
  • Subdivision: Mitchells Beach Rev
  • Elementary School: Orange Grove Elementary PN
  • Middle School: Seminole Middle PN
  • High School: Seminole High PN
  • Provided by: BARKETT REALTY
  • Contact: John Barkett
  • 727-388-9500
  • mfrmls
  • DMCA Notice
  • 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 Johns PassPinellas Countys #1 tourist destinationthis 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 & Johns 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. Dont miss out on this chance to own a prime income property in one of Floridas most sought after coastal locations! Contact us today for more details or to schedule a showing!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other, Outdoor Shower
  • Flooring: Ceramic Tile, Terrazzo
  • Living Area: 1572.00
  • Roof: Shingle
Property Information
  • Property Condition: Fixer
Land Information
  • Lot Features: Landscaped, Paved
School Information
  • High School: Seminole High-PN
  • Middle School: Seminole Middle-PN
  • School Elementary: Orange Grove Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Common, Guest, Off Street
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: None, Wall Units / Window Unit
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Water - Multiple Meters
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
Other Features
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ninguno
  • Legal Description: MITCHELL'S BEACH REVISED BLK 11, LOT 13
  • Levels: One
  • Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
  • Parcel Number: 15-31-15-58320-011-0130
  • Possession: Close Of Escrow
  • Views: 63
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Nearby Subdivisions
Gulf Shores 6th Add Rep   Mitchells Beach Rev   Pages Rep Of Mitchells Beach   Snug Harbor Sub   Sunny Shores