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Waterfront Triplex in Madeira Beach
For Sale
$1,390,000

14975 1ST St E, Madeira Beach, FL 33708

Waterfront triplex in desirable Madeira Beach, close to attractions.

Lot Size0.11 Acres
Days on Market144

Property Features for 14975 1ST St E

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Investment

Building Details

Year Built 1953
Listing Agency: Buxton Properties, Inc.
Listed By: Ahmad Maki Kubba · License #595500
Source: Elliman
Added: Mar 12 Changed: Jul 10 Last Checked: Aug 2 at 12:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buxton Properties, Inc.

Investment Insights

Based on property information with market context.

This waterfront property is located on a wide open canal in Madeira Beach, providing access to the intercostal waterway and the Gulf of Mexico. The property features a fully rented triplex constructed of concrete. The units have been updated and remodeled with new flooring, fresh paint, and new rewiring with new electrical panels. Situated in a desirable area, the property is minutes from John's Pass by boat or car. John's Pass is a central vacation destination in Pinellas County, offering a variety of restaurants, cafes, shopping centers, and boat and jet ski rentals. The property is also close to Tyrone Mall, Walmart, and Target, and within walking distance of beaches. This property is suitable as an investment for the future and retirement, with the option to live in one unit and rent out the other two. Boat owners can bring their boats and potentially rent out the boat slip with a lifter for extra income. The triplex includes a 2-bed/2-bath unit, a 1-bed/1-bath unit, and an efficiency. The property also features four carports, easy 8-car parking, a balcony, and a porch for enjoying views and watching dolphins.

Key Highlights

  • Waterfront property on a wide‑open canal with direct access to the Intracoastal Waterway and the Gulf of Mexico.
  • Fully rented, updated and remodeled triplex with concrete block construction.
  • Located in a desirable area of Madeira Beach, minutes from John's Pass.

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.

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
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Frequently Asked Questions

What type of property is this?
Triplex - Waterfront triplex in desirable Madeira Beach, close to attractions.
Where is this triplex located?
The property is located at 14975 1ST St E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Waterfront property on a wide‑open canal with direct access to the Intracoastal Waterway and the Gulf of Mexico.; Fully rented, updated and remodeled triplex with concrete block construction.; Located in a desirable area of Madeira Beach, minutes from John's Pass.
More about this property
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