Sold
Last Sold Price
2 beds2 baths1,572 sqft

13378 1st St E, Madeira Beach, FL 33708

Multi FamilyProperty Type
0.09 acresLot Size
1959Year Built
$261/sq ftPrice per sq ft

Description

Significant price improvement! 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,...Significant price improvement! 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, submitted and approved with permit in hand, 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!
  • Listed by: John Barkett 727.388.9500 john@BarkettRealty.com Brokerage DRE #1052056 • BARKETT REALTY
Listing closed: 04/18/2025 12:00 AM • Source: MFRMLS, MLS#: TB8344674
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Recent comparable sales

Median sold price

$415,000

Avg days on market

75

Sale-to-list ratio

85.4%

Madeira Beach, FL

9 comparable properties found

a view of a white house
1/51
1

$415,000

Sold 09/14/26

2
Bedrooms
2
Bathrooms
1,264
Square Feet
0.07
Acres
a view of a entryway door front of house
1/2
2

$349,400

Sold 09/15/25

2
Bedrooms
2
Bathrooms
820
Square Feet
0.09
Acres
a view of a lake with houses
1/2
3

$460,000

Sold 08/01/25

2
Bedrooms
1,352
Square Feet
0.18
Acres
a front view of a house with a yard and garage
1/38
4

$494,900

Sold 07/14/26

2
Bedrooms
1,400
Square Feet
0.12
Acres
a front view of house with yard and green space
1/2
5

$470,000

Sold 02/06/26

2
Bedrooms
1,317
Square Feet
0.19
Acres
a kitchen with wooden floors and stainless steel appliances
1/41
6

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Sold 07/08/26

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2
Bathrooms
1,557
Square Feet
0.11
Acres
$307,000 | 14904 North Bayshore Drive, Madeira Beach, FL 33708
1/2
7

$307,000

Sold 12/06/24

2
Bedrooms
2
Bathrooms
1,146
Square Feet
0.08
Acres
a house that has a tree in front of it
1/2
8

$305,000

Sold 08/26/25

2
Bedrooms
2
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Square Feet
0.15
Acres
$300,000 | 113 147th Avenue, Madeira Beach, FL 33708
1/2
9

$300,000

Sold 08/21/25

2
Bedrooms
2
Bathrooms
1,142
Square Feet
0.07
Acres

Location

Listing Courtesy of BARKETT REALTY, John Barkett

Sold By YOUNG REAL ESTATE, Omar Seidel

Add your commute
Payment Calculator

$2,802 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,189

Property Taxes

$613

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 13378 1st Street East

Property Details

  • Taxes: $7,354 / year
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: MITCHELLS BEACH REV
  • Township: 31
  • Waterfront: No
  • Furnished: Unfurnished

Building Information

  • Residences: 3
  • Year Built: 1959
  • Lot Size: 0.09 AC / 4,060 SF

Summary

Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1699.0
  • Building Area Units: Square Feet
  • Directions: From I-275 S, take Exit 28 for FL-694 W/Gandy Blvd toward Seminole/Largo. Continue west on Park Blvd N for approximately 8.5 miles. Turn left onto Gulf Blvd and drive 1.8 miles. Turn right onto 137th Ave E, then take an immediate left onto 1st St E. The property 13378 1st St E will be on your right. For GPS navigation, enter 13378 1st St E, Madeira Beach, FL 33708 into your preferred mapping app.
  • Elementary School: Orange Grove Elementary-PN
  • Middle Or Junior School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Unit Number: No
  • Street Number: 13378
  • Street Name: 1ST
  • Street Suffix: STREET
  • Street Direction Suffix: E
  • State: FL
  • City: MADEIRA BEACH
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Common, Guest, Off Street
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Pet Restrictions: As They Pertain to Local City and County Law. Buyer responsible to verify.
  • Tax Block: 11
  • Tax Book Number: 3-54
  • Tax Legal Description: MITCHELL'S BEACH REVISED BLK 11, LOT 13
  • Tax Lot: 13
  • Tax Year: 2024
Virtual Tour

Property

Lot Information
  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Dimensions: 41 x 104
  • Parcel Number: 153115583200110130
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1572
  • Lot Dimensions: 41 x 104
Property and Assessments
  • Year Built Numeric: 1959
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Property Condition: Fixer
  • Public Survey Range: 15
  • Public Survey Section: 15
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Water - Multiple Meters
  • Water Source: Public
  • Num Electric Meters: 3.0
  • Num Water Meters: 3.0

Interior and Exterior Features

Exterior Features
  • Construction Materials: Block, Concrete, Stucco
  • Exterior Features: Other, Outdoor Shower
  • Foundation Details: Concrete Perimeter, Slab
  • Levels: One
  • Patio And Porch Features: Front Porch, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Terrazzo
  • Heating: None, Wall Units / Window Unit
  • Interior Features: Ninguno
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Multi Family

Multi-Family Information
  • Annual Expenses: $23,310
  • Annual Net Income: $43,290.00
  • Est Annual Market Income: $66,600.00
  • Gross Income: $66,600
  • Unit Count: 2

Rental

Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 13378 1st Street East

DateEvent & SourcePriceAppreciation
Apr 18, 2025

Sold (Public Record)

Public Record #1556597948

$410,000

+0.2% / yr

Apr 18, 2025

Sold

MFRMLS #TB8344674

$410,000—
Apr 8, 2025

Pending

MFRMLS #TB8344674

—
DateEvent & SourcePrice
04/18/2025

Sold (Public Record)

Public Record #1556597948

$410,000

+0.2% / yr

04/18/2025

Sold

MFRMLS #TB8344674

$410,000
04/08/2025

Pending

MFRMLS #TB8344674

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 13378 1st Street East

Taxable Value

Land

$292,102

Additions

$57,898
Total$350,000

Tax Record

2025

$5,676 ($473 / month)

Home Facts

Baths

2

Total Finished SqFt

1,572 SqFt

Above Grade Finished SqFt

1,572 SqFt

Stories

1

Lot Size

4,060 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1959

Year Renovated

1993

County

PINELLAS

APN

15-31-15-58320-011-0130

Schools near 13378 1st Street East

This home is within Pinellas County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Orange Grove Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

Seminole High School
Public9 to 12

Madeira Beach Fundamental K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BARKETT REALTY, John Barkett

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 06/09/2025 09:34 PM