13098 GULF BOULEVARD Madeira Beach, FL 33708
Duplex - MADEIRA BEACH, FL
Property Features for 13098 GULF BOULEVARD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3 - C1
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Carport
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primarybedroom Upstairs, Vaulted Ceiling(s), Window Treatments
- Exterior features
- Balcony, Sidewalk
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Pending
- APN
- 15-31-15-58320-004-0171
- Size
- 2,439 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4004.7
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1954
- Number of units
- 2
- Flooring type
- Tile, Wood
- Building materials
- Concrete
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Maria Mercado Herbert, PA License #3032151 (727) 642-1151
Listing office COLDWELL BANKER REALTY 6505 Gulf Blvd, Plant City, FL (727) 360-6927
Listing date May 8, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Situated on a 40x49 lot with four dedicated parking spaces, the property has Gulf Blvd frontage directly in front of beach access. It is positioned within the John’s Pass Activity Center, under zoning designated as R3 - C1.
R3 - C1 zoning provides flexibility for a range of operating strategies, including short-term vacation rentals, long-term leasing, and mixed-use operation, with potential commercial conversion subject to municipal approvals. The upper unit presents an option to reconfigure existing space into a third bedroom. With finishing work completed on the ground-floor unit, an owner can operate both units as independent rentals while leveraging the property’s direct beach-access frontage and dedicated parking.
Key Highlights
- Duplex on a 40x49 lot with two 2‑bedroom, 1‑bath units and four dedicated parking spaces
- Gulf Blvd frontage directly in front of beach access within the John's Pass Activity Center
- Large elevated outdoor deck for indoor‑outdoor living plus balcony and sidewalk access
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $17.88 |
| − Vacancy | −$2.9k | −$1.21 |
| EGI | $40.7k | $16.67 |
| − OpEx | −$12.2k | −$5.00 |
| NOI | $28.5k | $11.67 |
