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Indian Rocks Beach,FL 33785
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $325
Subdivision Indian Beach Re-Revised
MLS Listing ID TB8325522
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $12,926
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x120
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***
Location
State FL
County Pinellas
Community Indian Beach Re-Revised
Rooms
Other Rooms Inside Utility,Storage Rooms
Interior
Interior Features Ceiling Fans(s),Eat-in Kitchen,Living Room/Dining Room Combo,Solid Wood Cabinets,Stone Counters,Walk-In Closet(s),Window Treatments
Heating Central,Electric
Cooling Central Air
Flooring Carpet,Ceramic Tile,Luxury Vinyl,Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator
Laundry Common Area,Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup
Exterior
Exterior Feature Balcony,Courtyard,Dog Run,Garden,Lighting,Private Mailbox,Storage
Parking Features Common,Curb Parking,Golf Cart Parking,Ground Level,Guest,On Street,Open,Oversized,Tandem
Community Features Dog Park,Fitness Center,Golf Carts OK,Park,Playground,Pool,Restaurant,Sidewalks,Tennis Courts
Utilities Available Cable Connected,Electricity Connected,Public,Sewer Connected,Street Lights,Water Connected
Water Access Yes
Water Access Desc Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
View Garden,Trees/Woods
Roof Type Metal
Porch Covered,Front Porch,Patio
Garage false
Private Pool No
Building
Lot Description Conservation Area,Flood Insurance Required,FloodZone,City Limits,In County,Landscaped,Level,Near Golf Course,Near Marina,Near Public Transit,Private,Paved
Entry Level One
Foundation Other,Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete,Other
New Construction false
Others
Pets Allowed Cats OK,Dogs OK,Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Owner Financing
Listing Terms Cash,Conventional,Owner Financing
Special Listing Condition None