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Renovated Triplex Near Madeira Beach
For Sale
$798,999

13388 1ST St E, Madeira Beach, FL 33708

Turnkey triplex one block from Madeira Beach with income potential.

Property SizeContact for details
Days on Market106

Property Features for 13388 1ST St E

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1959
Listing Agency: beycome
Listed By: Steven Koleno · License #3469487
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 7 at 2:48AM

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

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.

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 - 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.
More about this property
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