For sale

Price cut: $50K (3/22)

$799,999

13388 1st St E, Madeira Beach, FL 33708

9beds

6baths

1,572sqft

Est.:

Triplex, Multi Family

Built in 1959

-- sqft lot

$-- Zestimate^®

$509/sqft

$-- HOA

What's special

Fully renovated triplexHigh-demand beachside location

Turnkey Coastal Triplex – 1 Block from Madeira Beach Fully renovated triplex just steps from the beach, offering strong income potential and low-maintenance ownership. The property features two 1BR/1BA units and one 2BR/1BA unit, mid-term rentals (3+ months) including seasonal residents and traveling professionals. Highlights - Income potential: $6,000+ per month (~$72,000+ annually) - High-demand beachside location - New HVAC systems and water heaters - Updated kitchens, bathrooms, flooring, and fixtures - Turnkey, low-maintenance condition Located near dining, shopping, and entertainment at Johns Pass Village, this property benefits from consistent rental demand and long-term upside. Rare opportunity to own a renovated income-producing property this close to the beach.

19 days

782

31

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 6

Heating

Electric

Cooling

Ductless

Appliances

Laundry: None

Features

Thermostat
Has fireplace: No

Interior area

Total interior livable area: 1,572 sqft

Video & virtual tour

View virtual tour

Property

Features

Exterior features: Balcony, Sidewalk, Storage

Lot

Size: 4,060 Square Feet

Details

Parcel number: 153115583200110120
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Block, Stucco
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: MITCHELLS BEACH REV

HOA

Has HOA: No

Location

Region: Madeira Beach

Financial & listing details

Price per square foot: $509/sqft
Tax assessed value: $620,000
Annual tax amount: $4,805
Date on market: 3/16/2026
Cumulative days on market: 19 days
Listing terms: Cash,Conventional,FHA,Other,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/22/2026	Price change	$799,999-5.9%$509/sqft
Source: Stellar MLS #O6391215 Report a problem
3/16/2026	Listed for sale	$849,999+107.3%$541/sqft
Source: Stellar MLS #O6391215 Report a problem
6/12/2025	Sold	$410,000-5.7%$261/sqft
Source: Stellar MLS #TB8355846 Report a problem
4/17/2025	Pending sale	$435,000$277/sqft
Source: Stellar MLS #TB8355846 Report a problem
3/23/2025	Listed for sale	$435,000+291.9%$277/sqft
Source: Stellar MLS #TB8355846 Report a problem
4/3/1995	Sold	$111,000$71/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,991 +10.6%	$238,391 +10%
2023	$5,418 +15%	$216,719 +10%
2022	$4,711 +32.2%	$197,017 +10%
2021	$3,563 +14.1%	$179,106 +10%
2020	$3,122 +13.4%	$162,824 +10%
2019	$2,752	$148,022 -6.3%
2018	$2,752 +11.6%	$157,924 +17.1%
2017	$2,466 +21%	$134,891 +12.6%
2016	$2,039 +10.5%	$119,846 +18.1%
2015	$1,845 +10.8%	$101,458 +10.1%
2014	$1,665 +9.9%	$92,147 +10.3%
2013	$1,515 +8.5%	$83,555 +8.4%
2012	$1,397	$77,099 -12.5%
2011	--	$88,108 -16.4%
2010	--	$105,412 -16.6%
2009	--	$126,454 -25.4%
2008	$2,954	$169,500 -22.5%
2007	--	$218,600 +13.7%
2005	--	$192,300 +20.8%
2004	$3,091 +20.5%	$159,200 +21.2%
2003	$2,565 +47.7%	$131,300 +9.4%
2002	$1,736	$120,000 +36.8%
2001	$1,736 +7.9%	$87,700 +7.3%
2000	$1,609	$81,700