13228 3rd Street E, Madeira Beach, FL 33708
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by:robert bello, jr
Office:dalton wade inc
MLS#:W7875642
Source:MFRMLS
Price summary
- Price:$622,900
- Price per sq. ft.:$487.02
About this home
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. 30 year roof is 5 years old. 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.
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Home facts
- Year built:1947
- Listing ID #:W7875642
- Added:133 day(s) ago
- Updated:September 29, 2025 at 11:57 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:1,279 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless, Electric
Structure and exterior
- Roof:Membrane, Shingle
- Year built:1947
- Building area:1,279 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$622,900
- Price per sq. ft.:$487.02
- Tax amount:$6,054 (2024)
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