$995,500 pending
2706 1st street , indian rocks beach, FL 33785
| Beds 8 | Baths 4 | 3,060 Sqft | 0.17 Acres |
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1 of 95 |
Property Description
ATTN INVESTORS - INDIAN ROCKS BEACH 4 UNIT BUILDING! LESS THAN $250K/unit ---ONLY 2 BLOCKS TO SAND! GREAT INVESTMENT OPPORTUNITY! ***ALL UNITS are IDEAL SIZE for vacation rental business - 2 bedrooms, 1 bath, 765 square feet, great floorplan, many new updates! UPDATES: new metal roof 2017, some units feature new hot water heater, new AC, new fridge, dishwasher. MAJOR new landscaping design just completed! See attached list of upgrades & FAQs. Each unit has 2 parking spaces (tandem) and 2 guest spaces tandem parking. POOL sized lot has lots of room on west side of the property for pool, hot tub, gazebo, tiki huts - check with City of IRB for permitting requirements. Highly desirable location, concrete building with over 20 years steady rental income! HURRICANE HELENE flooded apt 1 and 2 and laundry room. ALL professionally remediated. Ready for new owner’s tastes. NO damages from Hurricane Milton super winds - very strong, safe bldg and roof proven! APT 3 & 4 on 2nd floor currently rented at below market rent due to being listed for sale/showings. Live in one apt and rent out others! SHORT TERM RENTALS ALLOWED. ADJACENT northside duplex property for sale as well. Great chance to have a fantastic vacation resort. Unlimited opportunities and income for the right beach loving owner! Located within walking distance to local restaurants, attractions. EASY, convenient access to the beautiful Gulf beaches via 27th Ave beach access, perfectly situated for both leisure and ease of commuting. IRB is golf cart friendly. Many options with this unique property as a primary residence, 2nd home getaway with short term rentals (STR) - NO minimum nightly rental in IRB. AIRDNA estimates $247K gross rent as a STR. Don't let this promising investment opportunity get away! ***DO NOT DISTURB TENANTS IN APT 3 & 4 ONLY***
General Information
Sale Price: $995,500
Price/SqFt: $325
Status: Pending
MLS#: TB8325522
City: indian rocks beach
Post Office: indian rocks beach
County: Pinellas
Subdivision: indian beach re-revised
Acres: 0.17
Lot Dimensions: 60 x 120
Bedrooms:8
Bathrooms:4
House Size: 3,060 sq.ft.
Acreage: 0.17 est.
Year Built: 1973
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Paved, Asphalt, Other
Garage: No
Construction: Concrete, Other
Exterior Misc: Balcony, Courtyard, Dog Run, Garden, Lighting, Private Mailbox, Storage
Pool: Yes
Pool Description: Community Pool
Basement: No
Foundation : Other, Slab
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Central, Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $12,927
Legal Description: INDIAN BEACH RE-REVISED BLK 2, LOT 9
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Liz Barrett of LIZARD REALTY, Phone: 727-455-2832
