13326 1ST STREET E | Madeira Beach

$529,900 | 3 Beds | 2 Baths (2 Full) | 1,213 Sq. Ft.

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. StellarMLS TB8384120

Directions to property: Turn 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.

MLS Listing ID: 
StellarMLS TB8384120
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Madeira Beach
Address: 
13326 1ST STREET E, Madeira Beach, FL 33708, US
County: 
Pinellas
Community Information
Subdivision: 
MITCHELLS BEACH REV
Building Details
Details about the building on a property.
Year Built: 
1938
New Construction: 
0
Living Area: 
1,213
Interior: 
Ninguno
Construction
Construction Materials: 
Wood Frame
Foundation Details: 
Crawlspace
Roof: 
Other
Exterior Features: 
Other
Room Details
Details about the rooms in the building.
Total Rooms: 
3
Total Bedrooms: 
3
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
None, Wall Units / Window Unit
Cooling System: 
Mini-Split Unit(s), Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
4,060
Lot Size (Dimensions): 
40 x 104
Waterfront: 
0
Lot Features
Fence: 
Fenced
Public Record
Parcel Number: 
153115583200110150
Annual Tax: 
$5,927.45
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
5/8/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Nicole Wolf
Listing Office Name: 
EXP REALTY LLC