$995,500
SOLD JAN 10, 2025
8 Beds
4 Baths
3,060 Sq Ft
7,196 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

3 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Property is near public transit
  • Anona Elementary School Rated A-
  • View of Trees or Woods
  • 4-minute walk to South Park

About This Home

As of January 2025

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***

Last Agent to Sell the Property

Liz Barrett

LIZARD REALTY Brokerage Phone: 727-455-2832 License #673753 Listed on: 11/30/2024

Last Buyer's Agent

Liz Barrett

LIZARD REALTY Brokerage Phone: 727-455-2832 License #673753 Listed on: 11/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,927

Year Built

  • Built in 1973

Lot Details

  • 7,196 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Near Conservation Area
  • Dog Run
  • Landscaped
  • Private Lot
  • Level Lot
  • Garden

Property Views

  • Woods
  • Garden

Home Design

  • Quadruplex
  • Fixer Upper
  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 3,060 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Walk-Up Access
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 8 Parking Garage Spaces
  • Oversized Parking
  • Common or Shared Parking
  • Ground Level Parking
  • Tandem Parking
  • On-Street Parking
  • Open Parking
  • Golf Cart Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Property is near a marina
  • Access to Saltwater Canal
  • Balcony
  • Courtyard
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Private Mailbox

Location

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Indian Beach Re Revised Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Restaurant
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $33,801
  • Gross Income $77,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,927

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete, Other
  • Fireplace: No
  • Living Area: 3060
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1973
  • Lease Term: 6-12 Month
  • Lot Size Sq Ft: 7196
  • Number Of Lots: 1
  • Tenant Pays: Electricity
  • Directions to Property: FROM Belleair Cswy go south on Gulf Blvd to 27th Ave, go East on 27th Ave to 1st St , go North on 1st St to property on west side
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Indian Shores
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd
  • List Office Head Office Key Nume: 1038760
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 325.33
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Walk-Up
  • MFR_NumAssignedParkingSpaces: 8
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp,Dock,Fishing,Intracoastal Waterway,Marina,Public Boat Ramp
  • Attribution Contact: 727-455-2832
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Other, Slab
  • Total Bedrooms: 8
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 2706
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 284.28

Exterior Features

  • Other Structures: Kennel/Dog Run, Shed(s), Storage
  • Exterior Features: Balcony, Courtyard, Dog Run, Garden, Lighting, Private Mailbox, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Surface Type: Asphalt, Other
  • Water Access: Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Curb Parking, Golf Cart Parking, Ground Level, Guest, On Street, Open, Oversized, Tandem

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Community Features: Dog Park, Fitness Center, Golf Carts OK, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s), Street Lights
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: contact city or IRB for specifics on this

Fee Information

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

Lot Info

  • Parcel Number: 01-30-14-42030-002-0090
  • Additional Parcels: No
  • Lot Features: Conservation Area, Flood Insurance Required, FloodZone, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Private, Paved
  • Lot Dimensions: 60x120
  • Flood Zone Code: AE
  • Lot Size Square Meters: 669

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Total Actual Rent: 6275
  • Additional Lease Restrictions: Contact City of IRB more details

Multi Family

  • Gross Income: 77600
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 12926.54
  • Tax Block: 2
  • Tax Book Number: 5-6
  • Tax Lot: 9

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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
01/10/2025 01/10/25 Sold $995,500 0.0% $325 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/30/2024 11/30/24 For Sale $995,500 -- $325 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8325522

Stellar MLS