2011 1st St Indian Rocks Beach, FL 33785
Estimated payment $8,970/month
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
ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3370730 Listed on: 08/09/2025

Co-Listing Agent
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
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / 54
- Assessor Parcel Number 01-30-14-42030-054-0010
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: TB8415869

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