# 13388 1ST Street E, Madeira Beach, FL 33708 > **TL;DR:** 6bd/5ba multi-family, $699,999 ($445/sqft), built 1959, 1,572 sqft. Est. $3,744/mo. Listed 231 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $699,999 | | Price/sqft | $445 | | Bedrooms | 6 | | Bathrooms | 5 full | | Square Feet | 1,572 | | Year Built | 1959 | | Lot Size | 3,920 sqft (0.09 acres) | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 231 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,540 | | Estimated Insurance | $204 | | **Total** | **$3,744** | ## Property Highlights - Built in 1959 - 0.09 acre lot ## Description ### Agent Description Income-Producing Coastal Triplex - One Block from Madeira Beach Rare opportunity to own a fully renovated, income-producing triplex just one block from the Gulf beaches in desirable Madeira Beach. Two of the three units are currently leased, generating $3,600 per month in rental income, with the third unit available to lease, occupy, or use as a seasonal residence-offering immediate cash flow with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal investment for seasonal residents, traveling professionals, or those seeking extended beach stays. The area is well suited for 90-day+ seasonal rentals, providing strong demand while minimizing the turnover associated with STR rentals. Property Highlights Income-producing property with two leased units generating $3,600/month Opportunity to lease the third unit and achieve projected rental income of $6,000+ per month ($72,000+ annually) One block from Madeira Beach Approximately a 5-minute walk to John's Pass Village, restaurants, shops, and marina Multifamily zoning with potential for duplex through quadplex development (buyer to verify all zoning and redevelopment opportunities) New HVAC systems and water heaters Updated kitchens, bathrooms, flooring, and fixtures Turnkey, low-maintenance condition Located in a high-demand beachside area with excellent long-term appreciation and rental potential Whether you're an investor seeking immediate cash flow, a buyer looking to maximize rental income, or a house hacker wanting to live in one unit while the others generate income, this renovated beachside triplex provides a rare combination of location, flexibility, and long-term value. ## Location - **Address:** 13388 1ST Street E, Madeira Beach, FL 33708 - **County:** Pinellas - **Neighborhood:** MITCHELLS BEACH REV - **Coordinates:** 27.790424, -82.787233 - **Google Maps:** https://www.google.com/maps?q=27.790424,-82.787233 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/O6391215 ## Listing Agent - **Name:** Steven Koleno - **Brokerage:** beycome - **Broker Phone:** (844) 239-2663 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/13388-1st-St-E-Apt-A_Madeira-Beach_FL_33708_M51385-29039?f=listhub&s=MFRMLSFL&m=O6391215&c=propsimple) ## Photos ![13388 1ST Street E - Photo 1](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f505057713r.jpg) ![13388 1ST Street E - Photo 2](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3957126484r.jpg) ![13388 1ST Street E - Photo 3](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2165248053r.jpg) ![13388 1ST Street E - Photo 4](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2299387730r.jpg) ![13388 1ST Street E - Photo 5](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1221795166r.jpg) ![13388 1ST Street E - Photo 6](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3850971753r.jpg) ![13388 1ST Street E - Photo 7](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3675071706r.jpg) ![13388 1ST Street E - Photo 8](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3433402680r.jpg) ![13388 1ST Street E - Photo 9](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f4242293843r.jpg) ![13388 1ST Street E - Photo 10](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1419734351r.jpg) ![13388 1ST Street E - Photo 11](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f127761213r.jpg) ![13388 1ST Street E - Photo 12](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2622865804r.jpg) ![13388 1ST Street E - Photo 13](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1081207009r.jpg) ![13388 1ST Street E - Photo 14](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f277002839r.jpg) ![13388 1ST Street E - Photo 15](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1908827315r.jpg) ![13388 1ST Street E - Photo 16](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1948055450r.jpg) ![13388 1ST Street E - Photo 17](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1424977196r.jpg) ![13388 1ST Street E - Photo 18](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1752447804r.jpg) ![13388 1ST Street E - Photo 19](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1291423363r.jpg) ![13388 1ST Street E - Photo 20](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1013147832r.jpg) ![13388 1ST Street E - Photo 21](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1518335819r.jpg) ![13388 1ST Street E - Photo 22](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f112851045r.jpg) ![13388 1ST Street E - Photo 23](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3173910016r.jpg) ![13388 1ST Street E - Photo 24](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2226607237r.jpg) ![13388 1ST Street E - Photo 25](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f4110704879r.jpg) ![13388 1ST Street E - Photo 26](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3677085463r.jpg) ![13388 1ST Street E - Photo 27](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1727254952r.jpg) ![13388 1ST Street E - Photo 28](http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3765990881r.jpg) --- **MLS#:** O6391215 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/13388-1st-street-e-madeira-beach-fl-33708-9a9025f0799a45b885924aad697a8cd1) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/13388-1st-street-e-madeira-beach-fl-33708-9a9025f0799a45b885924aad697a8cd1#listing", "url": "https://www.propertysimple.ai/listing/13388-1st-street-e-madeira-beach-fl-33708-9a9025f0799a45b885924aad697a8cd1", "name": "13388 1ST Street E, Madeira Beach, FL 33708", "description": "Income-Producing Coastal Triplex - One Block from Madeira Beach Rare opportunity to own a fully renovated, income-producing triplex just one block from the Gulf beaches in desirable Madeira Beach. Two of the three units are currently leased, generating $3,600 per month in rental income, with the third unit available to lease, occupy, or use as a seasonal residence-offering immediate cash flow with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal investment for seasonal residents, traveling professionals, or those seeking extended beach stays. The area is well suited for 90-day+ seasonal rentals, providing strong demand while minimizing the turnover associated with STR rentals. Property Highlights Income-producing property with two leased units generating $3,600/month Opportunity to lease the third unit and achieve projected rental income of $6,000+ per month ($72,000+ annually) One block from Madeira Beach Approximately a 5-minute walk to John's Pass Village, restaurants, shops, and marina Multifamily zoning with potential for duplex through quadplex development (buyer to verify all zoning and redevelopment opportunities) New HVAC systems and water heaters Updated kitchens, bathrooms, flooring, and fixtures Turnkey, low-maintenance condition Located in a high-demand beachside area with excellent long-term appreciation and rental potential Whether you're an investor seeking immediate cash flow, a buyer looking to maximize rental income, or a house hacker wanting to live in one unit while the others generate income, this renovated beachside triplex provides a rare combination of location, flexibility, and long-term value.", "image": [ "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f505057713r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3957126484r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2165248053r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2299387730r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1221795166r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3850971753r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3675071706r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3433402680r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f4242293843r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1419734351r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f127761213r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2622865804r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1081207009r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f277002839r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1908827315r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1948055450r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1424977196r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1752447804r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1291423363r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1013147832r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1518335819r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f112851045r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3173910016r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f2226607237r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f4110704879r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3677085463r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f1727254952r.jpg", "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f3765990881r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/a9cca3c2cfdd4a31bde93bcceb4004c1l-f505057713r.jpg", "caption": "13388 1ST Street E - 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