$686,000
SOLD FEB 18, 2020
-- Bed
-- Bath
2,016 Sq Ft
4,892 Sq Ft Lot

Recently Sold

$340 Per Sq Ft

11% Below List Price

27 Days on Market

Highlights

  • 12 Feet of Waterfront
  • Access To Intracoastal Waterway
  • No HOA
  • Anona Elementary School Rated A-
  • Intracoastal View
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2023

Attention investors and savvy home buyers! Here is an excellent investment opportunity to purchase a 4 unit rental building in the highly desirable Indian Rocks Beach community. This community still allows for SHORT TERM AND LONG TERM RENTALS!! Property is located 2 blocks from the turquoise waters of the Gulf of Mexico and is directly on the Intercoastal Waterway. It lies within a Cul De Sac road, so traffic is not a concern. Quadplex consists of (3) 1bed/1bath with full kitchen apartments and (1) studio apartment with an efficiency kitchen area. Each apartment is on a separate electrical meter. There is also an electrical source on the dock for the boats with its own meter. Unit 4 has a direct view of the Intercoastal Waterway from the apartment - it would make a fabulous home while you rent out the remaining units as income. In addition to the Quadplex. There are 3 boat slips available for use -which may be rented out as well. A small grilling and patio area is located to the back of the property so visitors can entertain people during the summer time. Roof is 2008, AC units in homes are less than 3 years old. Sod and brand new exterior painting was completed Dec 2019. The opportunities are endless. It is located close to local restaurants, night life, and shopping, The Jolly Trolley stop is 2 blocks up the street Hurry, this investment opportunity will not last long.

Last Agent to Sell the Property

Heather Stotts

RE/MAX COLLECTIVE License #3343513 Listed on: 12/12/2019

RE/MAX COLLECTIVE

Last Buyer's Agent

Deborah Eagan

KELLER WILLIAMS ST PETE REALTY License #3269649

KELLER WILLIAMS ST PETE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1951

Lot Details

  • 4,892 Sq Ft Lot
  • Lot Dimensions are 49x100
  • 12 Feet of Waterfront
  • Property fronts an intracoastal waterway

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Intracoastal Views
  • Range

Outdoor Features

  • Access To Intracoastal Waterway
  • Patio

Schools

  • Anona Elementary School
  • Seminole Middle School
  • Largo High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Indian Beach Re Revised 3Rd Add Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,562

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2016
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1951
  • Lot Size Sq Ft: 4892
  • Tenant Pays: Electricity
  • Directions to Property: Head North on Gulf Blvd, Right on to 18th Ave, House is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8068391?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8068391?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89207
  • Price per Sq Ft: 340.28
  • Close to Original List Price Ratio: 0.89207
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Street Number Modifier: 407
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Water View: Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock w/Electric
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 12
  • Water Frontage Feet I C W: 12
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • 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

Schools

  • Elementary School: Anona Elementary-PN
  • High School: Largo High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 01-30-14-42084-001-0060
  • Additional Parcels: No
  • Lot Dimensions: 49x100
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: VERIFY WITH INDIAN ROCKS BEACH

Multi Family

  • Gross Income: 45600
  • Number Of Units Total: 4
  • Waterfront Features: Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 6562.03
  • Tax Block: 1
  • Tax Book Number: 25-30
  • Tax Lot: 6

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
01/17/2023 01/17/23 Sold $1,695,000 0.0% $841 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,695,000 +147.1% $841 / Sq Ft
02/18/2020 02/18/20 Sold $686,000 -10.8% $340 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $769,000 -- $381 / 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: U8068391

Stellar MLS