Property Description
Completely renovated and fully occupied triplex with three 1 bed, 1 bath units! Just a few blocks to John’s Pass, 3 blocks to the beach, 2 blocks to two intercoastal pocket parks. So this is one of the most desirable areas of Madeira Beach. New Stainless Steel appliances and instant-on hot water heaters in each unit. Beautiful quartz countertops in the kitchen along with 42″ tall solid wood cabinets. Tile for easy cleaning and maintenance. The renovation used FEMA approved flood resistant materials such as DensGlass which is a replacement for drywall and closed cell insulation instead of traditional fiberglass insulation. These materials are considered mold resistant with DensGlass having a rating of 10 under the ASTM D3273 test method. The front two units have a open living, dining, kitchen area along with a little office/dining /flex space in the entry and one bedroom and full bath for each. The back unit has a huge open area for the living/dining area with multiple large windows allowing in tons of natural light along with one bedroom, a bath and double closet for the main bedroom. There are laundry hookups in the backyard where there is a little storage unit containing the washer and dryer for tenant use. 6 foot privacy fence on the back and side of the property. 6.9% current cap rate with no rehab to do and Proforma Cap is 8.66%. 24 hour notice required for showings to respect the tenants.
Features
: Central, Electric, Ductless
: Central Air, Wall/Window Unit(s)
: Common
: Private Mailbox, Fence
: Ceiling Fans(s), Living Room/Dining Room Combo
: Common Area
: Public Sewer
: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Address Map
US
FL
Pinellas
Madeira Beach
PAGES REP OF MITCHELLS BEACH
33708
3RD
13228
STREET
From Gulf Blvd turn east onto 133rd. Go to 3rd St and make a right. It is on the right side of the street.
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
E
Additional Information
40x104
: Public
https://www.propertypanorama.com/instaview/stellar/W7875642
649800
2025-05-18
3
: Slab
: Block, Stucco, Frame
1279
Financial
6054.39
Listing Information
285514555
260031661
Active
2025-05-31T01:05:09Z
Stellar
: None
2025-05-18T07:33:04Z

Residential Income For Sale

13228 3rd St E, Madeira Beach, Florida 33708

3 Bedrooms
3 Bathrooms
1,279
$639,900
Listing ID #W7875642
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : W7875642
Price : $639,900
Bedrooms : 3
Bathrooms : 3
Square Footage : 1,279
Year Built : 1947
Lot Area : 0.09 Acre
Property Sub Type : Triplex
Roof : Shingle, Membrane
Agent info
Contact Agent

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