1. Florida
  2. Madeira Beach
  3. 13228 3RD STREET E
$622,900

13228 3RD STREET E, Madeira Beach, FL 33708

  • 3 beds |
  • 3 baths |
  • 1,279 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $487/sqft
  • Property List Date Icon Listed 3 months ago

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. 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.

Listing Status:
Active
Date Added:
May 18, 2025 at 05:00AM
Listing Office:
DALTON WADE INC : 888-668-8283
Listing Agent:
Robert Bello, JR : 609-743-0650
MLS ID:
W7875642
  • General: Ceiling Fan(s)Living Room/Dining Room Combo
  • Laundry: Common Area
  • A/C: Central AirWall/Window Unit(s)
  • Heating: CentralElectricWall Units / Window Unit

This listing courtesy of Robert Bello, JR, DALTON WADE INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Madeira Beach Fundamental K-8

591 Tom Stuart Cswy, Saint Petersburg, FL, 33708

Grades KG-8

1.30 miles away

M

Madeira Beach Fundamental K-8

591 Tom Stuart Cswy, Saint Petersburg, FL, 33708

Grades KG-8

1.30 miles away

S

St. Petersburg Collegiate High School

6605 5th Ave N, Saint Petersburg, FL, 33710

Grades 10-12

3.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.