13378 1st St E

2
Baths
1,572 Sq. Ft.
$261 / Sq. Ft.
1,572
Sq. Ft.
$261
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!
  1. Listed by John Barkett • Brokerage DRE #1052056 • BARKETT REALTY
    P: (727)-388-9500 john@BarkettRealty.com

Property Details for 13378 1st Street East

Subdivision Name
MITCHELLS BEACH REV
Township
31
Waterfront
No
Furnished
Unfurnished
LISTING CLOSED: 04/18/2025 12:00 AM

Property Details for 13378 1st Street East

StatusSold
MLS #TB8344674
Days on Market56
Taxes$7,354 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1959
Lot Size0.09 AC / 4,060 SF
CountyPinellas County

Location

Listing Courtesy of BARKETT REALTY, John Barkett

Sold By YOUNG REAL ESTATE, Omar Seidel

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Building Information for 13378 1st Street East

Stories-Residences3Year Built1959Building Size-Lot Size0.09 AC / 4,060 SF

Payment Calculator

$2,656 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,043

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

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 ValueLand$292,102Additions$57,898Total$350,000
Tax Record2024$7,354 ($613 / month)
Home Facts
Baths3Total Finished SqFt1,572 SqFtAbove Grade Finished SqFt1,572 SqFtStories1Lot Size4,060 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated1993CountyPINELLASAPN15-31-15-58320-011-0130

Schools near 13378 1st Street East

This home is within Pinellas.
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