13388 1st Street E, MADEIRA BEACH, FL 33708
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Priced at Only: $435,000
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Address: 13388 1st Street E, MADEIRA BEACH, FL 33708
Property Location and Similar Properties
- MLS#: TB8355846 ( Residential Income )
- Street Address: 13388 1st Street E
- Viewed: 4
- Price: $435,000
- Price sqft: $256
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 1699
- Bedrooms: 2
- Total Baths: 2
- Days On Market: 4
- Additional Information
- Geolocation: 27.7904 / -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
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DescriptionPrime 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 Johns PassPinellas Countys #1 tourist destinationthis is a prime rental investment opportunity. This incredible investment property at 13388 1st St E, Madeira Beach, FL, presents quite a unique opportunityespecially 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 Johns 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 Johns 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 returnswhether you're looking to flip, hold, or create an unbeatable beach rental portfolio. Opportunities like this dont last longsecure your piece of paradise today! Contact us for details on purchasing one or both properties and unlocking their full income potential!
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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 12
- Levels: One
- Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Parcel Number: 15-31-15-58320-011-0120
- Possession: Close Of Escrow
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