NOT LISTED FOR SALE
2 Beds
2 Baths
1,788 Sq Ft
5,519 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $1,135,000 $635 Per Sq Ft

1 Day on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Porch
  • Anona Elementary School Rated A-
  • No HOA
  • 1-minute walk to 10th Avenue Park

About This Home

As of March 2022

Check out this TURN KEY TRIPLEX located in IRB! The property is zoned with NO RENTAL RESTRICTIONS ON VACATION RENTALS, which makes it PERFECT for Air Bnb and Vrbo’s nightly/weekly rentals. This amazing investment opportunity is ONLY 5 MINUTE WALKING DISTANCE (0.2 miles) from the soft sand and ocean water! It is conveniently located to popular IRB's shops and restaurants. Around the corner is 10th Avenue Park, with playground equipment, and a few streets south is IRB’s Nature Preserve!

The property features a new large shell drive-way, which allows for plenty of guest parking. The shell walk-way continues to each unit’s entrance. The front unit, which is the largest, has a screened-in porch as well as a fireplace in the living room. The kitchen in this unit features open cathedral style ceilings with exposed beams and plenty of linen/pantry storage. The back unit upstairs is accessible via a large wooden deck - which is the perfect spot for sitting outside and sipping morning coffee or enjoying a nice cold one after a long day at the beach. All three units share a community style utility room, which is ideal for storing bikes, beach chairs, and misc toys! There is also wash/dry hook ups for laundry on-site!

So what are you waiting for?! Rent all 3 units or rent 2 and keep one for yourself to live in/visit, whichever you decide this property will allow you capitalize on GREAT short-term rental returns! Properties with this type of zoning and access to the beach are far and few, so grab yours while you can! Easy to show, set up your viewing today!!

Last Agent to Sell the Property

Kate Story

PALM ISLAND REALTY License #3365778 Listed on: 01/20/2022

Last Buyer's Agent

Nina Becker

MAVREALTY License #3329280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1946

Lot Details

  • 5,519 Sq Ft Lot
  • Lot Dimensions are 48x108

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,788 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Inside Utility
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 3 Units
  • Indian Beach Re Revised 1St Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,156

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1788
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1946
  • Lot Size Sq Ft: 5519
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3351048?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3351048?w=Customer
  • Unit Count: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00898
  • Price per Sq Ft: 634.79
  • Close to Original List Price Ratio: 1.00898
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: 5 minute (0.2 mile) walk from sand/ocean.
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 01-30-14-42048-083-0100
  • Additional Parcels: No
  • Lot Dimensions: 48x108
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: NO LEASE RESTRICTIONS ON VACATION RENTALS!!! CAN USE FOR NIGHTLY/WEEKLY RENTALS (AIR BNB, VRBO, ETC.)

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6155.94
  • Tax Block: 83
  • Tax Book Number: 23-11
  • Tax Lot: 10
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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 List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $1,135,000 +0.9% $635 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $1,124,900 -- $629 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,543 $625,000 $515,782 $109,218
2024 $15,845 $1,000,000 $739,242 $260,758
2023 $15,845 $935,000 $694,441 $240,559
2022 $7,046 $445,032 $393,845 $51,187
2021 $6,282 $321,100 $0 $0
2020 $5,294 $255,965 $0 $0
2019 $5,174 $255,913 $0 $0
2018 $4,607 $242,945 $0 $0
2017 $4,374 $225,045 $0 $0
2016 $3,964 $184,631 $0 $0
2015 $3,824 $175,864 $0 $0
2014 $3,562 $160,038 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3351048

Stellar MLS