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Renovated Triplex Near Madeira Beach

13388 1ST St E Madeira Beach, FL 33708

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For Sale
$798,999

Turnkey triplex one block from Madeira Beach with income potential.

Type:Investment
Added:
Apr 24, 2026
Days on Market:
81
Last Refresh:
Apr 24 at 5:58 pm

Property Features for 13388 1ST St E

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1959

Listing office beycome

Listing date Apr 24, 2026

Source Elliman

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 beycome


Investment Insights

Based on property information with market context.

This fully renovated triplex is located just steps from Madeira Beach. The property features two 1BR/1BA units and one 2BR/1BA unit. It is currently used for mid-term rentals (3+ months), catering to seasonal residents and traveling professionals. The property offers income potential of $6,000+ per month, equating to approximately $72,000+ annually. The property is in turnkey, low-maintenance condition. New HVAC systems and water heaters have been installed. The kitchens, bathrooms, flooring, and fixtures have been updated. The property is located near dining, shopping, and entertainment at Johns Pass Village. The location benefits from consistent rental demand and long-term upside.

Key Highlights

  • Steps from Madeira Beach: Prime beachside location ensures high rental demand.
  • Strong Income Potential: Generates $6,000+ per month (~$72,000+ annually) from mid‑term rentals.
  • Fully Renovated: Turnkey condition with updated kitchens, bathrooms, flooring, and fixtures.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility Nail Salon Pharmacy Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Turnkey triplex one block from Madeira Beach with income potential.
Where is this triplex located?
The property is located at 13388 1ST St E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $798,999.
What are key features of this property?
This property features: Steps from Madeira Beach: Prime beachside location ensures high rental demand.; Strong Income Potential: Generates $6,000+ per month (~$72,000+ annually) from mid‑term rentals.; Fully Renovated: Turnkey condition with updated kitchens, bathrooms, flooring, and fixtures.
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