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Renovated Beachside Triplex
For Sale
$749,999

13388 1ST Street E, Madeira Beach, FL 33708

Residential Income, MADEIRA BEACH, FL

Property Size1,572 SF
Lot Size0.09 Acres
Price / SF$477.10
Days on Market166

Property Features for 13388 1ST Street E

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Interior features Thermostat
Exterior features Balcony, Sidewalk, Storage
Subdivision MITCHELLS BEACH REV
Directions Drive southwest on Tom Stuart Causeway/FL 666. Left to Gulf Bld/FL 699. Left to 134th Ave East. Turn right. Property is on the left.
Standard status Active
APN 15-31-15-58320-011-0120
Size 1,572 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MITCHELL'S BEACH REVISED BLK 11, LOT 12
Tax Annual Amount 4805
Legal Description MITCHELL'S BEACH REVISED BLK 11, LOT 12

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1959
Number of units 3
Building materials Block, Stucco
Roof type Shingle
Additional Structures Storage
Listing Agency: BEYCOME OF FLORIDA LLC
Listed By: Steven Koleno · License #3469487
Added: Mar 16 Changed: Aug 20 Last Checked: Aug 28 at 5:06AM
MLS# O6391215

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.

This multifamily property at 13388 1st Street E in Madeira Beach contains three residential units: two one-bedroom, one-bath units and one two-bedroom, one-bath unit. The 1,572-square-foot building was constructed in 1959 and includes updated kitchens, bathrooms, flooring, and fixtures, along with new HVAC systems and water heaters. Additional features include balconies, storage, sidewalks, block and stucco construction, a shingle roof, electric heat, and thermostat controls.

The 0.09-acre property is located one block from the Gulf beaches and approximately a five-minute walk from John's Pass Village, restaurants, shops, and the marina. It has multifamily zoning, public water, public sewer, and water available. Two units are leased, while the third is available for leasing, occupancy, or seasonal use.

Key Highlights

  • Three‑unit layout with two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • 1,572 square feet on a 0.09‑acre lot
  • One block from the Gulf beaches in Madeira Beach

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Furniture & Home Goods Storage Facility Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 33708, FL

16,034
Population
13,211
Households
1.2
Avg Household Size
60
Median Age
44%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
4,716
Density / Sq Mi
$83,773
Median Household Income
$49,403
Median Earnings
$1,961
Median Rent
$463,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Updated kitchens, bathrooms, flooring, fixtures, HVAC systems, and water heaters support a low-maintenance multifamily property.
Where is this triplex located?
The property is located at 13388 1ST Street E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Three‑unit layout with two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; 1,572 square feet on a 0.09‑acre lot; One block from the Gulf beaches in Madeira Beach
More about this property
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