13378 1ST ST E new

Madeira Beach,FL 33708

$ 470000

2 Beds

2 Baths

1572 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $298

Subdivision Mitchells Beach Rev

MLS Listing ID TB8344674

Bedrooms 2

Construction Status Fixer

HOA Y/N No

Originating Board Stellar MLS

Year Built 1959

Annual Tax Amount $7,354

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 41x104

Property Sub-Type Triplex

Property Description

An exceptional income-producing opportunity just steps from the Gulf in beautiful Madeira Beach! This triplex, featuring two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, offers strong rental potential. While the property sustained damage from Hurricane Helene, it has been verified as not substantially damaged by the municipality. The Substantial Improvement package required to pull a build back permit has already been completed by a licensed General Contractor, meaning it's fully ready for renovation and can start generating income for its new owner quickly. With alley access, six (6) off-street parking spaces, and individually metered utilities (water & electric), this property is well-positioned for a seamless rehab and rental setup. Located in very close proximity to the beach (safe, lit crossing less than a block away) and just minutes from John's Pass—Pinellas County's #1 tourist destination—this is a prime rental investment opportunity. Property Highlights Include: Triplex – Three Income-Producing Units, 1,572 SqFt of Heated Living Space, Prime Location Near the Gulf & John's Pass, Substantial Improvement Package Completed – Ready for Renovation, Individually Metered for Electric, Internet & Water, Six Parking Spaces & Alley Access, No HOA. This property is a rare find for investors looking to secure a fix-and-hold or renovate and flip in a high-demand beachside market. Don't miss out on this chance to own a prime income property in one of Florida's most sought-after coastal locations! Contact us today for more details or to schedule a showing!

Location

State FL

County Pinellas

Community Mitchells Beach Rev

Direction E

Interior

Interior Features Ninguno

Heating None,Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile,Terrazzo

Furnishings Unfurnished

Fireplace false

Laundry Electric Dryer Hookup,Laundry Room,Washer Hookup

Exterior

Exterior Feature Other,Outdoor Shower

Parking Features Common,Guest,Off Street

Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Public,Sewer Available,Street Lights,Water - Multiple Meters

Roof Type Shingle

Porch Front Porch,Screened

Garage false

Private Pool No

Building

Lot Description Landscaped,Paved

Entry Level One

Foundation Concrete Perimeter,Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Fixer

Schools

Elementary Schools Orange Grove Elementary-Pn

Middle Schools Seminole Middle-Pn

High Schools Seminole High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,FHA

Listing Terms Cash,FHA

Special Listing Condition None

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