MADEIRA BEACH, FL 33708 13326 1ST STREET E
$529,900
22 more
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
Beds • 3
Baths • 2
SQFT • 1,213
Home Details
This Madeira Beach property features two licensed short-term rental units, just a 5-minute walk from the beach and close to John's Pass, offering easy access to dining, shopping, and entertainment. The 1-bedroom, 1-bath and 2-bedroom, 1-bath cottages are ready for finishing touches. Owner has already completed mold remediation and electrical. With a proven history of generating $80,000 in Gross Operating Income (GOI) and an average Net Operating Income (NOI) of $67,000, this property delivers strong income potential. The 5.0-star ratings and glowing reviews from past guests on Airbnb and Vrbo transfer to the new owner, ensuring continued success. Onsite parking adds convenience, and the current owner will share their established rental base, allowing the property to be ready to operate before the next season. This property offers a cap rate of approximately 12.6% for cash buyers and is an excellent opportunity to invest in a high-demand vacation rental market.
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
Interior Features for 13326 1ST STREET E
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringother
Heating Y/NYes
Interior Amenitiesninguno
Laundry Featureselectric dryer hookup, outside, washer hookup
Total Stories1
General for 13326 1ST STREET E
Additional Parcels Y/NNo
Appliancesnone
Building Area Unitssquare feet
Carport Y/NNo
Citymadeira beach
Construction Materialswood frame
Coolingmini-split unit(s), wall/window unit(s)
Countypinellas
Directionsturn south on gulf blvd from tom stuart cswy. turn left onto 133rd ave e. turn left onto 1st st. e. property will be on the left.
Facing Directioneast
Flood Zone Codeae
Full Baths2
Garage Y/NNo
HOANo
Heatingnone, wall units / window unit
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionmitchell's beach revised blk 11, lot 15
Levelsone
Listing Termscash
Living Area Unitssquare feet
Lot Size Square Feet4060
Lot Size Unitssquare feet
MLS Area33708 - st pete/madeira bch/n redington bch/shores
Minimum Leaseno minimum
ModificationTimestamp2025-05-09t10:51:36.083z
New ConstructionNo
Occupancy Typevacant
Other Structuresadditional single family home
Ownershipfee simple
Property Subtypesingle family residence
Property Typeresidential
Roofother
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namemitchells beach rev
Tax Annual Amount5927.45
Tax Lot15
Tax Year2024
Total Rooms3
Utilitiesbb/hs internet available, cable available, electricity available, electricity connected, phone available, public, sewer available, sewer connected, water available, water connected
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1938
Exterior for 13326 1ST STREET E
Building Area Total1267
Exterior Amenitiesother
Fencingfenced
Foundation Detailscrawlspace
Lot Dimensions40 x 104
Lot Size Acres0.09
Lot Size Area4060
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Additional Details
Price History
Steven Silcock
Broker Owner