We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Back to Search

Multi Family 2 bedrooms - MITCHELLS BEACH REV for Sale

13378 1ST E, MADEIRA BEACH, FL 33708

Asking Price$470,000

Share by:
  • Days on market:

    1 day(s)
  • Original Price:

    $470,000
  • Price per sqft:

    $298.98
  • Tax Legal Description:

    MITCHELL'S BEACH REVISED BLK 11, LOT 13
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Parking:

    Common GuestOff Street
  • Furnished Info:

    Unfurnished
  • Elementary School:

    Orange Grove Elementary-PN
  • Middle School:

    Seminole Middle-PN
  • Senior High School:

    Seminole High-PN
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    StuccoBlockConcrete
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    NoneWall Units / Window Unit
  • Floor Description:

    TerrazzoCeramic Tile
  • Interior Features:

    Ninguno
  • Exterior Features:

    OtherOutdoor Shower
  • Special Listing Conditions:

    None
  • Lot Features:

    Landscaped

Description

$470,000 • two bedroom(s) • living size area 1572 sqft

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, 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!

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty