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Waterfront Triplex with Boat Access
For Sale
$1,050,000

14975 1ST Street E, Madeira Beach, FL 33708

Residential Income, MADEIRA BEACH, FL

Property Size2,052 SF
Lot Size0.11 Acres
Price / SF$511.70
Days on Market741

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 Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Dining Room, Bathroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
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: Sep 2 Last Checked: Sep 8 at 12:06PM
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 2,052-square-foot triplex sits on a 0.11-acre waterfront parcel in Madeira Beach. The concrete-block property contains a two-bedroom, two-bath unit, a one-bedroom, one-bath unit, and an efficiency. Interior updates include new flooring, fresh paint, rewiring, and new electrical panels. Central heating and central air are provided, with public water and public sewer service.

The property fronts a wide canal connected to the Intracoastal Waterway and the Gulf of Mexico. Its outdoor features include a balcony, porch, four carports, and parking for up to eight vehicles. John’s Pass, restaurants, shopping, watercraft rentals, Tyrone Mall, Walmart, Target, and area beaches are identified nearby. The triplex was built in 1953 and is described as fully rented.

Key Highlights

  • 2,052‑square‑foot triplex on a 0.11‑acre waterfront parcel
  • Unit mix includes 2 beds/2 baths, 1 bed/1 bath, and an efficiency
  • Concrete‑block construction with new flooring, fresh paint, rewiring, and electrical panels

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

633
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 - Income-producing waterfront property with three distinct residential units, covered parking, and direct canal access to broader coastal waterways.
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: 2,052‑square‑foot triplex on a 0.11‑acre waterfront parcel; Unit mix includes 2 beds/2 baths, 1 bed/1 bath, and an efficiency; Concrete‑block construction with new flooring, fresh paint, rewiring, and electrical panels
More about this property
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