Renovated
175 133RD Avenue E, Madeira Beach, FL 33708
For Sale
New
$699,900
Residential Income, MADEIRA BEACH, FL
Property Size1,790 SF
Lot Size0.09 Acres
Price / SF$391.01
Days on Market1
Property Features for 175 133RD Avenue E
General Information
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Buildings
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Robert Bello, JR
(609) 743-0650
Added: Nov 14
Last Checked: Nov 14 at 11:06PM
MLS# W7891184
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.
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Investment Insights
Based on property information with market context.
This 1,790-square-foot duplex on a 0.09-acre parcel contains two renovated residences with matching design and finish quality. Each unit has stainless steel appliances, quartz counters, solid wood cabinetry, a dining or flex area, vaulted ceilings, two bedrooms, and oversized closets. Impact windows, doors, and sliders are installed throughout, along with luxury vinyl plank flooring. Renovation materials include DensGlass and closed-cell insulation. The property was built in 1958 and has central heating and air conditioning.
The property is a few blocks from John's Pass Village, three blocks from the beach, and two blocks from the Intracoastal. Both units are currently occupied.
The property is a few blocks from John's Pass Village, three blocks from the beach, and two blocks from the Intracoastal. Both units are currently occupied.
Key Highlights
- Two‑unit duplex with matching renovated interiors
- 1,790 square feet on a 0.09‑acre lot
- Three blocks from the beach and two blocks from the Intracoastal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,894
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,880
$417.9K
Cap Rate 7%
$298,486
$298.5K
Cap Rate 9%
$232,156
$232.2K
Market Conditions
NOI Build-Up for 1,790 SF
Gross rent
$32.0K $17.88/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$29.8K $16.67/SF
− OpEx
−$9.0K −$5.00/SF
NOI
$20.9K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,880
Cap Rate 7%
$298,486
Cap Rate 9%
$232,156
Alternative Uses
Best Use
Multifamily LT 5
$298.5K
$261.2K – $348.2K
NOI $20,894 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$277.5K
$242.8K – $323.8K
NOI $19,426 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$465.6K
$407.4K – $543.2K
NOI $32,592 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
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Business Placement
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
$463,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pinellas County, FL
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature updated kitchens, vaulted ceilings, impact-rated openings, and durable interior finishes.
Where is this duplex located?
The property is located at 175 133RD Avenue E Madeira Beach, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑unit duplex with matching renovated interiors; 1,790 square feet on a 0.09‑acre lot; Three blocks from the beach and two blocks from the Intracoastal
