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13388 1ST Street E, Madeira Beach, FL, 33708
Renovated Coastal Triplex Opportunity

13388 1ST Street E Madeira Beach, FL 33708

For Sale
$798,999

MULTI_FAMILY - MADEIRA BEACH, FL

Property Size1,572 SF
Lot Size0.09 Acres
Price / SF$508.27
Days on Market135

Property Features for 13388 1ST Street E

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 5
Rooms Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Interior features Thermostat
Exterior features Balcony, Sidewalk, Storage
Standard status Active
APN 15-31-15-58320-011-0120
Size 1,572 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MITCHELL'S BEACH REVISED BLK 11, LOT 12
Tax Annual Amount 4805

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1959
Number of units 3
Building materials Block, Stucco
Roof type Shingle
Additional Structures Storage
Listing Agency: BEYCOME OF FLORIDA LLC
Listed By: Steven Koleno · License #0779766
Added: Mar 16 Changed: Jul 24 Last Checked: Jul 28 at 10:06PM
MLS# O6391215

Copyright © 2026 Stellar MLS. 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.

A fully renovated coastal triplex at 13388 1ST Street E in Madeira Beach offers three separate units: two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Two of the three units are currently leased and generating $3,600 per month, while the third unit is available to lease, occupy, or use as a seasonal residence. The property includes new HVAC systems and water heaters, along with updated kitchens, bathrooms, flooring, and fixtures, presenting a turnkey, low-maintenance setup.

Located one block from the Gulf beaches, the triplex is described as about a 5-minute walk to John’s Pass Village, with nearby restaurants, shops, and a marina. The property is also noted as multifamily zoned, with potential for duplex through quadplex development (buyer to verify zoning and redevelopment opportunities).

With the existing configuration and renovation improvements, the property is positioned for ongoing rental use and flexibility based on how the third unit is handled.

Key Highlights

  • Income‑producing coastal triplex with 2 leased units generating $3,600/month; third unit available to lease, occupy, or use seasonally
  • Unit mix: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • Only one block from Madeira Beach; about a 5‑minute walk to John's Pass Village, restaurants, shops, and marina

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Furniture & Home Goods Storage Facility Nail Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Renovated triplex with two leased units and a third unit available, featuring updated interiors and new HVAC.
Where is this triplex located?
The property is located at 13388 1ST Street 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: Income‑producing coastal triplex with 2 leased units generating $3,600/month; third unit available to lease, occupy, or use seasonally; Unit mix: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; Only one block from Madeira Beach; about a 5‑minute walk to John's Pass Village, restaurants, shops, and marina
More about this property
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