NOT LISTED FOR SALE

13368 1st St E Madeira Beach, FL 33708

4 Beds
3 Baths
1,622 Sq Ft
4,060 Sq Ft Lot

Last Sold March 10, 2025

Last sale price $422,500 $260 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating System Mounted To A Wall or Window
  • Orange Grove Elementary School Rated A
  • Fenced

About This Home

As of March 2025

Discover potential in this triplex nestled in Madeira Beach, Florida- oh so close to the beach and just 3 blocks to Johns Pass Village and Boardwalk. Despite recent flooding, this property offers a unique investment opportunity in a sought-after location. Ideal for savvy investors looking to renovate and capitalize on its prime coastal setting. Schedule your viewing today! Solid concrete construction provides for a firm foundation to renovate this stalwart property. Rental potential is amazing as there are few affordable rental properties on the beaches. A 3-month minimum rental period will still allow for seasonal rentals or capitalize on the annual rental potential. Two units are 1 bedroom & 1 bath, while the back unit is a 2 bedroom, 1 bath. Paved parking spaces for each unit, makes vehicle access easy. Just a block from the beach and very nearby John's Pass Village where you'll find so much to do: shopping, dining, tiki bars, boat rentals, fishing charters and more. After the storms the owners immediately had the interiors remediated and treated for moisture. The entire sewer system was recently jetted and re-lined for a worry free sewer system. Based on information received the building is able to be repaired in its current configuration (ie. doesn't need to be elevated). Roof is less than 10 years old. It is ready for your finishing touches.

Last Agent to Sell the Property

Michael Wyckoff

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3006024 Listed on: 02/15/2025

ENGEL & VOLKERS MADEIRA BEACH

Co-Listed By

Ineta Kalnina

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3351610

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1959

Lot Details

  • 4,060 Sq Ft Lot
  • Fenced

Home Design

  • 1,622 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Schools

  • Orange Grove Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,907 Sq Ft Building
  • Mitchells Beach Rev Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,048

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1622
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 1907
  • Lot Size Sq Ft: 4060
  • Directions to Property: From Tom Stuart Causeway go S on Gulf Blvd, left on 134th Ave, right on 1st St E, property located on your right.
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Clearwater
  • Escrow Postal Code: 33759
  • Escrow State: FL
  • Escrow Street Name: Gulf to Bay Blvd, Suite 601
  • Escrow Street Number: 3000
  • List Office Head Office Key Nume: 1048177
  • RATIO Current Price By Calculate: 260.48
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 727-394-7365
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 13368
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 150.69

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0191H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Orange Grove Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 15-31-15-58320-011-0140
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Lot Size Square Meters: 377

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer/Buyers Agent to confirm Leasing Restrictions with the City.

Multi Family

  • Gross Income: 60000
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4048
  • Tax Block: 11
  • Tax Book Number: 3-54
  • Tax Lot: 14

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $422,500 -2.9% $260 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $435,000 -- $268 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8348487

Stellar MLS