Property Attributes
- MLS#U8230633
- TypeIncome
- CountyPINELLAS
- CityINDIAN ROCKS BEACH
- AreaIndian Rocks Bch-Belleair Bch-Indian Shores
- NeighborhoodIndian Beach Re-Revised 1St Add
- Zip33785
- StyleTriplex
- Year Built1947
- Taxes$ 6890
- Price$ 1,150,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1480
- Lot Size6,970 SqFt
Data Source:
Stellar MLS
Property Description
Exciting investment opportunity! $73,000 Gross Annual Income. Fully updated and renovated multi-family triplex, ZERO deferred maintainance. Nestled in the picturesque coastal town of Indian Rocks Beach, Florida. Offering a unique proposition for both investors and homeowners seeking a prime location. Perfectly positioned just steps away from the beach, access to the intercoastal and the sparkling waters of the Gulf of Mexico, this triplex comprises two charming studio apartments and a main unit with 1100 sq ft featuring three bedrooms one bath private parking, and screened recreation room and private patio. Residents and tenants alike can bask in the glorious Florida sunshine and enjoy the gentle sea breeze from their private patios, providing an ideal space for unwinding after a long day. Moreover, this exceptional triplex provides convenient access to a wide array of local amenities, ensuring a lifestyle of comfort and convenience. With its prime corner location, zoning flexibility, endless possibilities, and strong potential for generating rental income, or building your dream beach getaway, this triplex represents a rare and exceptional investment prospect in one of Florida's most desirable coastal communities. Don't miss out on the chance to make this property your own and capitalize on all that Indian Rocks Beach has to offer. Property Features: Exterior: New roof (2023), New landscaping, new pavers, new driveways, new sprinkler system, new exterior paint, new PVC fencing, new patios on each unit, new exterior lighting, parking for 8-10 cars. Interior: All three units Fully Furnished / New Kitchens / appliances / counters and cabinets, new flooring, new doors, new keyless entry, Updated AC units (2021), Updated electric, 3 separate meters, updated plumbing, new interior lighting and fans, new interior paint and moldings. Highlight: No short term rental minimum Room for RV storage or boat storage. Unit 1 - Rented $3000 a month Lease starts May 1st 2024 Unit 2 - Rented $1500 a month leased started March 1st 2024 Unit 3 - For Rent - $1600 a month $73K a year Current gross income. Great 1031 exchange property.
Price History | |
---|---|
2/13/2024 | Listed $1,299,000 |
2/27/2024 | 9% - $1,195,000 |
3/3/2024 | 4% - $1,150,000 |
3/17/2024 | 9% - $1,050,000 |
General Features
Interior Features | Built-in Features,Ceiling Fan(s),Kitchen/Family Room Combo,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Central,Electric |
Cooling | Central Air,Mini-Split Unit(s) |
Utilities | BB/HS Internet Available,Cable Available,Cable Connected,Fiber Optics |
Roof | Shingle |
Appliances | Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer |
Exterior Features | Awning(s),Courtyard,Dog Run,Fenced,Garden,Irrigation System,Lighting,Private Mailbox,Rain Gutters,Storage |
Patio/Porch Features | Covered,Front Porch,Patio,Rear Porch |
Construction Materials | Block,Concrete,Stucco |
Year Built | 1947 |
Property SubType | Triplex |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Community Features | Golf Carts OK,Park,Playground,Restaurant,Tennis Court(s) |
County | Pinellas |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | INDIAN BEACH RE-REVISED 1ST ADD |
Garage Y/N | No |
Other Structures | Shed(s) |
Status | Active |
Directions | Gulf Blvd North to 14th Ave N,make right on 14th Ave,property is on corner of 14th and Bay pine on the right. |
City | INDIAN ROCKS BEACH |
Buyer Agent Compensation | 2.5%-295 |
Senior Community Y/N | No |
Total Units | 3 |
MLS Area | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores |
Lot Size Square Feet | 6782 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Bay Pine |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 6890 |
Public Remarks | Exciting investment opportunity! $73,000 Gross Annual Income. Fully updated and renovated multi-family triplex,ZERO deferred maintainance. Nestled in the picturesque coastal town of Indian Rocks Bea |
Lease Considered Y/N | No |
Days on Market | 64 |
Standard Status | Active |
Tax Lot | 17 |
Legal Description | INDIAN BEACH RE-REVISED 1ST ADD BLK 84,LOT 17 |
Minimum Lease | No Minimum |
Water Access Y/N | No |
Additional Rooms | Breakfast Room Separate,Den/Library/Office,Storage Rooms |
Water View Y/N | No |
Interior Features
Flooring | Vinyl |
---|---|
Furnished Y/N | Furnished |
Common Walls | Corner Unit,End Unit |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | Blinds,Window Treatments |
Fireplace Y/N | No |
Street Suffix | BOULEVARD |
Laundry Features | Laundry Room |
Total Bedrooms | 5 |
LivingAreaSource | Public Records |
Total Baths | 3 |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Boat,Guest,Off Street,On Street,RV Parking |
---|---|
Lot Features | Corner Lot,Flood Insurance Required,FloodZone,City Lot,Level,Near Public Transit |
Water Source | Public |
Lot Size Area | 6782 |
Foundation Details | Slab |
Number of Buildings | 1 |
Lot Size Acres | 0.16 |
Road Surface Type | Paved,Asphalt |
Lot Size Units | Square Feet |
Road Frontage Type | Street Paved |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool