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Waterfront Triplex
For Sale
$1,050,000

14975 1ST Street E, Madeira Beach, FL 33708

MULTI_FAMILY - MADEIRA BEACH, FL

Property Size2,052 SF
Lot Size0.11 Acres
Price / SF$511.70
Days on Market721

Property Features for 14975 1ST Street E

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 5, Bathroom 1, Dining Room, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 4
Interior features Living Room/Dining Room Combo
Exterior features Awning(s), Balcony
Subdivision NORTH MADEIRA SHORES
View Water
Directions From Gulf Blvd toward Mederia Beach to 147th Ave N in The EAST direction, then first left on 1st St E to address
Standard status Active
APN 09-31-15-60858-000-0610
Size 2,052 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description NORTH MADEIRA SHORES LOT 61
Tax Annual Amount 11622
Legal Description NORTH MADEIRA SHORES LOT 61

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public
Water front 1

Amenities

balcony
porch
boat slip

Building Details

Year built 1953
Number of units 3
Building materials Block
Roof type Shingle
Listing Agency: BUXTON PROPERTIES INC
Listed By: Ahmad Maki Kubba · License #595500
Added: Aug 29, 2024 Changed: Aug 17 Last Checked: Aug 19 at 2:06AM
MLS# U8255460

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This waterfront triplex offers a fully rented block of concrete construction with recent updates, including new flooring, fresh paint, and new rewiring with new electrical panels. The property is heated and cooled with central systems and served by public water and public sewer. Interior features include a living room/dining room combo. Exterior amenities include awning(s) plus a balcony and porch.

The triplex consists of a two-bedroom/two-bath unit, a one-bedroom/one-bath unit, and an efficiency. A shingle roof tops the building. Parking includes four carports with easy 8-car parking.

Set along a wide canal in Madeira Beach, the property is connected with the Intercoastal and the Gulf of Mexico, offering water views and direct boating access—an attractive fit for owners who want to live in one unit while renting the other two.

Key Highlights

  • 0.11‑acre triplex on a wide canal connected to the Intercoastal and the Gulf of Mexico
  • Fully rented block concrete triplex with recent updates: new flooring, fresh paint, new rewiring and new electrical panels
  • Unit mix: two‑bedroom/two‑bath, one‑bedroom/one‑bath, and an efficiency

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop Hair Salon Bakery HVAC Service

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
100%
Occupancy

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Concrete triplex on a canal connected to the Intercoastal, fully rented with a balcony, porch, and central HVAC.
Where is this triplex located?
The property is located at 14975 1ST Street E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 0.11‑acre triplex on a wide canal connected to the Intercoastal and the Gulf of Mexico; Fully rented block concrete triplex with recent updates: new flooring, fresh paint, new rewiring and new electrical panels; Unit mix: two‑bedroom/two‑bath, one‑bedroom/one‑bath, and an efficiency
More about this property
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