How Zack DeCaro sold a 1956 block duplex at 13311 2nd St E, Madeira Beach, FL 33708 for $300,000 after storm damage, by pricing it for its condition and putting it in front of the right buyer fast.
In May 2025, Zack DeCaro listed a storm-damaged 1956 duplex at 13311 2nd St E in Madeira Beach for its owner. It went under contract in 15 days and closed at $300,000. The property has two units, 3 bedrooms and 2 baths across 1,378 sq ft, fee-simple ownership, no HOA and a 60 x 104 lot a short walk from the Gulf beaches. Zack represented the seller from pricing through closing as a Florida real estate agent with Dalton Wade Real Estate Group.
The owner was selling a beach-town duplex that had storm damage. A property in that condition can sit when it is priced like a finished home or marketed to buyers who want to move right in.
Zack priced the duplex for its condition and location and marketed it to the buyers most likely to see its value: investors and owner-occupants who want a block duplex near the Gulf and are ready to handle repairs. He found the right buyer in a short number of days. The home went under contract 15 days after it was listed and closed at $300,000.
Buyers and lenders for older block homes and small multifamily properties on the barrier islands ask about flood zone, insurance, elevation, roof age and storm history. Having the insurance declarations page, any elevation certificate, permit history, repair estimates and current leases ready before listing keeps a sale moving.
Yes. Many storm-damaged homes sell as-is to investors and buyers who plan to renovate. The key is pricing for the current condition and disclosing known damage. Florida sellers must disclose known facts that materially affect a home's value.
Florida sellers typically pay documentary stamp tax on the deed ($0.70 per $100 of the price), title and closing fees, any mortgage payoff and prorated property taxes, plus the listing-side fee. Zack's listing-side fee is 1% plus a $400 transaction fee. Buyer-agent compensation, if offered, is separate and negotiable, and all commissions are negotiable.
Yes. They are priced and financed partly on income, so buyers want rent history, leases and expenses. Investors and owner-occupants value them differently, which affects pricing and marketing.
Insurance declarations, any elevation certificate, flood insurance history, roof and permit records, repair estimates or claim paperwork, and leases or rent rolls if the property is rented.
Dalton Wade Real Estate Group, 260 1st Ave S, Suite 200, St. Petersburg, FL 33701. Zack DeCaro is a Florida real estate agent, license SL3584718.
Sale facts from Stellar MLS #TB8380309 as shown on public portals. Results depend on each property and market; past results do not guarantee future outcomes. Florida real estate services are provided by Zack DeCaro, FL SL3584718, through Dalton Wade Real Estate Group (firm CQ1047837; managing broker Phillip Wade, BK3314021). Written by Zack DeCaro · Last reviewed September 2026.