$1,495,000
$104K PRICE DROP

Estimated payment $8,970/month

Total Views 2,749
8 Beds
4 Baths
2,824 Sq Ft
$529 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Property is near public transit
  • End Unit
  • Anona Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

An exceptional investment opportunity in the heart of Indian Rocks Beach, this fully remodeled 8-bedroom, 4-bathroom duplex is just 1.5 blocks from the Gulf of Mexico and offers rare short-term (daily) rental eligibility—a sought-after feature in this coastal market. Each side of the duplex is a spacious, independent 4-bedroom, 2-bathroom unit, making this a unique find for investors or owner-operators looking to maximize returns by catering to large groups and multi-family travelers. Properties of this size with daily rental zoning are increasingly hard to find, especially ones that require no updates and are fully turn-key.

Both sides of the home are thoughtfully laid out to support comfort and functionality, featuring dual living rooms, well-appointed kitchens, in-unit laundry, and private screened-in porches. Each side also has access to its own private hot tub and shares a new heated pool. Additionally, both units feature full-size washer and dryer sets, along with ultra-high efficiency mini-split HVAC systems installed in 2024 to ensure year-round comfort. A new roof, installed in 2021, provides added peace of mind. The layout and amenities not only enhance guest experience but also allow flexible rental options: operate as two separate vacation rentals, combine them under one listing to attract large retreats or family reunions, or operate as an owner living in one side while renting the other. The coastal vibe evokes a sense of relaxation and serenity. Guests love the on site beach gear and easy 3 minute walk to the beach for enjoying waves, water sports and sunsets. Local dining and attractions like mini golf and a water park are minutes away, making vacationing here fun and hassle-free. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks.

From an investment standpoint, the home checks every box: prime location in a popular Gulf Coast town, legal daily rentals, and a configuration that directly serves one of the most underserved segments in the short-term rental market—large groups. Whether you're looking to build a high-performing vacation rental portfolio or live in one unit while renting the other, this duplex delivers rare scale, flexibility, and income potential in a vibrant beach community.

Listing Agent

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3370730 Listed on: 08/09/2025

ENGEL & VOLKERS MADEIRA BEACH

Co-Listing Agent

Ashley Pedone

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3462455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,055

Year Built

  • Built in 1972

Lot Details

  • 7,383 Sq Ft Lot
  • Lot Dimensions are 63x120
  • End Unit
  • Corner Lot
  • Irrigation Equipment

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,824 Sq Ft Home
  • Sliding Doors
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Stone Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower
  • Pool Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3,112 Sq Ft Building
  • Indian Beach Re Revised Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,055

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2824
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 3112
  • Lot Size Sq Ft: 7383
  • Directions to Property: From West Bay Dr, travel west over the Belleair Bridge. Turn left onto Gulf Blvd. Turn left onto 21st Ave. House on corner of 21st Ave and 1st St.
  • Status: Active
  • Co List Office Mls Id: MFR283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048177
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 529.39
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • MFR_DockYN: 0
  • Attribution Contact: 727-394-7365
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Other Equipment: Irrigation Equipment
  • Spa Yn: Yes
  • Street Number Modifier: 2011
  • Living Area Meters: 262.36

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Outdoor Shower, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 01-30-14-42030-054-0010
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, Near Public Transit, Paved
  • Lot Dimensions: 63x120
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 686

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify lease restrictions with the city.

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 12055.2
  • Tax Block: 54
  • Tax Book Number: 5-6
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $1,495,000 -6.5% $529 / Sq Ft
08/09/2025 08/09/25 For Sale $1,599,000 +166.5% $566 / Sq Ft
07/29/2021 07/29/21 Sold $600,000 +20.2% $254 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $499,000 -- $211 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8415869

Stellar MLS