USAFLMadeira BeachMitchells Beach Rev13388 1St St E
Listing image | Image 1

13388 1St St E, Madeira Beach, FL

House

For Sale

Listed price in listed location currency (USD).
$749,999

650

MLS® O6391215

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1572 sqft
Garage 
Taxes $4,805
Days Active 155
Lot Size 0.09 Acres
Approx. Age 1959
Avg. Price Per Sqft $477
MLS® Number O6391215

Property Address: 13388 1st St E, MADEIRA BEACH, FL, 33708-2989

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing Coastal Triplex – One Block from Madeira Beach Rare opportunity to own a fully renovated, income-producing triplex just one block from the Gulf beaches in desirable Madeira Beach. Two of the three units are currently leased, generating $3, 600 per month in rental income, with the third unit available to lease, occupy, or use as a seasonal residence—offering immediate cash flow with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal investment for seasonal residents, traveling professionals, or those seeking extended beach stays. The area is well suited for 90-day+ seasonal rentals, providing strong demand while minimizing the turnover associated with STR rentals. Property Highlights Income-producing property with two leased units generating $3, 600/month Opportunity to lease the third unit and achieve projected rental income of $6, 000+ per month ($72, 000+ annually) One block from Madeira Beach Approximately a 5-minute walk to John’s Pass Village, restaurants, shops, and marina Multifamily zoning with potential for duplex through quadplex development (buyer to verify all zoning and redevelopment opportunities) New HVAC systems and water heaters Updated kitchens, bathrooms, flooring, and fixtures Turnkey, low-maintenance condition Located in a high-demand beachside area with excellent long-term appreciation and rental potential Whether you’re an investor seeking immediate cash flow, a buyer looking to maximize rental income, or a house hacker wanting to live in one unit while the others generate income, this renovated beachside triplex provides a rare combination of location, flexibility, and long-term value.
MLS® NumberO6391215
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
Driveway
Garage Spaces
HeatElectric
A/CMini-Split Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$749,999List Price
Apr 16, 2025End Date
$410,000Sold Price

Sold

Mar 23, 2025List Date
$435,000List Price
  • Commute

Commute

Starting Address
Destination Address
13388 1St St E, Madeira Beach, FL

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