$724,999
Original price: $749,999
6 Beds
5 Baths
1,572 sqft
13388 1ST STREET E, Madeira Beach, FL 33708
Est. Mortgage $5,004/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1959
$461/sqft
Local Information
- Map ViewExplore the area around 13388 1ST STREET E.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 9 hours ago
Listing Provided by: Steven Koleno, (804) 656-5007
BEYCOME OF FLORIDA LLC, (804) 656-5007
Originating MLS: Orlando Regional
Source: Stellar MLS, MLS#O6391215
Also Listed on Stellar MLS.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Home Details for 13388 1ST STREET E
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 1572 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water ConnectedLaundry: None |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
View No View |
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Exterior Home Features Roof: ShingleExterior: Balcony, Sidewalk, StorageFoundation: SlabNo Private Pool |
Parking & Garage No CarportNo Garage |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 165Days on Market: 180+ |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: Block, StuccoNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 153115583200110120 |
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Price List Price: $724,999Price Per Sqft: $461 |
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MLS Status: Active |
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Direction & Address City: MADEIRA BEACHCommunity: MITCHELLS BEACH REV |
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Listing Agent Listing ID: O6391215 |
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Not Senior Community |
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Association for this Listing: Orlando RegionalNo HOAHOA Fee: No HOA Fee |
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Lot Area: 4060 sqft |
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Special Conditions: None |
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Listing Terms: Cash, Conventional, FHA, Other, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: O6391215Showing Requirements: Call Owner, OtherUniversal Property Id: US-12103-N-153115583200110120-R-N |
Around this home
What Locals Say about Madeira Beach
At least 67 Trulia users voted on each feature.
90 % Say it's dog friendly
84 % Say it's walkable to restaurants
78 % Say people would walk alone at night
73 % Say parking is easy
69 % Say yards are well-kept
66 % Say it's quiet
64 % Say there's holiday spirit
63 % Say car is needed
63 % Say it's walkable to grocery stores
61 % Say there are sidewalks
59 % Say streets are well-lit
55 % Say they plan to stay for at least 5 years
45 % Say neighbors are friendly
34 % Say there's wildlife
34 % Say there are community events
29 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
Market trends in Madeira Beach
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
116
12MoM
Home Value
Trulia Estimate
$698KSince last month
Increased$25K (+3.7%)Since last year
Increased$289K (+70.7%)Since last sale
Increased$288K (+70.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +68% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $698K |
| August 2026 | $673K |
| July 2026 | $739K |
| June 2026 | $738K |
| May 2026 | $737K |
| February 2026 | $627K |
| January 2026 | $613K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $600,000 | 09/26/25 | 4 | 2 | 1,236 | |
0.17 | Multi-Family Home | $525,000 | 03/11/26 | 4 | 2 | 1,352 | |
0.51 | Multi-Family Home | $525,000 | 05/07/26 | 8 | 4 | 1,600 | |
0.52 | Multi-Family Home | $600,000 | 05/07/26 | 8 | 4 | 1,296 | |
0.45 | Multi-Family Home | $404,000 | 11/03/25 | 4 | 2 | 1,644 | |
0.21 | Multi-Family Home | $849,000 | 05/21/26 | 4 | 4 | 1,936 | |
0.41 | Multi-Family Home | $510,000 | 07/08/26 | 3 | 2 | 1,557 | |
0.18 | Multi-Family Home | $535,000 | 03/13/26 | 2 | 2 | 1,047 | |
0.66 | Multi-Family Home | $395,000 | 03/04/26 | 4 | 6 | 1,518 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $1,930,100 | Studio | - | 3,492 | Off Market | |
0.02 | $562,100 | 3 | 2 | 1,622 | Off Market | |
0.01 | $392,400 | 3 | 2 | 1,572 | Off Market | |
0.02 | $194,793 | Studio | 1 | 218 | For Sale | |
0.02 | $229,000 | Studio | 1 | 240 | For Sale | |
0.02 | $135,900 | 1 | 1 | 209 | Off Market | |
0.02 | $122,600 | 1 | 1 | 205 | Off Market | |
0.02 | $240,000 | 1 | 1 | 407 | Recently Sold | |
0.02 | $284,900 | 1 | 1 | 445 | For Sale | |
0.02 | $260,000 | 1 | 1 | 414 | For Sale | |
0.03 | $358,700 | 2 | 1 | 774 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 28, 2026 Source: Stellar MLS #O6391215 | PriceChange | $724,999 Price decreased by 3% |
Aug 3, 2026 Source: Stellar MLS #O6391215 | PriceChange | $749,999 Price decreased by 6% |
Apr 20, 2026 Source: Stellar MLS #O6391215 | PriceChange | $798,999 Price decreased by 0% |
Mar 22, 2026 Source: Stellar MLS #O6391215 | PriceChange | $799,999 Price decreased by 6% |
Mar 16, 2026 Source: Stellar MLS #O6391215 | Listed For Sale | $849,999 |
Jun 12, 2025 Source: Stellar MLS #TB8355846 | Sold | $410,000 |
Apr 17, 2025 Source: Stellar MLS #TB8355846 | Pending | $435,000 |
Mar 23, 2025 Source: Stellar MLS #TB8355846 | Listed For Sale | $435,000 |
Apr 3, 1995 Source: N/A | Sold | $111,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,805 | $350,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Steven Koleno, BEYCOME OF FLORIDA LLC, (804) 656-5007
Agent Phone: (804) 656-5007
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Frequently asked questions about 13388 1ST STREET E
- What is the estimated monthly payment for 13388 1ST STREET E?Based on a $724,999 list price with 20% down at today's rates, the estimated monthly payment for 13388 1ST STREET E in Madeira Beach, FL is approximately $5,089 (about $3,920 principal & interest, $1,094 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Madeira Beach?Residents describe Madeira Beach, FL as dog-friendly, walkable to restaurants, and easy to park in. See homes for sale in Madeira Beach, FL.
- What are the closest schools to 13388 1ST STREET E?The closest schools to 13388 1ST STREET E in Madeira Beach, FL are Orange Grove Elementary School (Pre-K, rated 10/10), Seminole High School (rated 4/10), Seminole Middle School (rated 7/10).
- What is 13388 1ST STREET E estimated to be worth?Trulia's estimated value for 13388 1ST STREET E in Madeira Beach, FL is $697,900.
- Does 13388 1ST STREET E have air conditioning?Yes, 13388 1ST STREET E in Madeira Beach, FL has air conditioning.
- Is there a virtual tour of 13388 1ST STREET E?Yes, a virtual tour of 13388 1ST STREET E in Madeira Beach, FL is available.
13388 1ST STREET E, Madeira Beach, FL 33708 is a 6 bedroom, 5 bathroom, 1,572 sqft multi-family built in 1959. This property is currently available for sale and was listed by Stellar MLS on Mar 16, 2026. The MLS # for this home is MLS# O6391215.