NOT LISTED FOR SALE

42 Gulf Blvd Unit E Indian Rocks Beach, FL 33785

Estimated Value: $984,000 - $1,539,000

4 Beds
3 Baths
1,550 Sq Ft
$857/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,600,000 $1,032 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $9,267/month

150 Days on Market

Highlights

  • 200 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Intracoastal View
  • Anona Elementary School Rated A-
  • Dock made with wood
  • 0.57 Acre Lot

About This Home

As of May 2023

Incredible opportunity to own 3 short term rental units steps to the beach on Indian Rocks Beach. This triplex offers 3 units in one building: the first floor consists of two 1 bedroom, 1 bath units just 15 steps to the beach and the second floor offers one 2 bedroom, 1 bath unit with beach views. All units are bright and freshly remodeled with a coastal modern design and each offers an outdoor patio. Take advantage of an established rental history with room for rate increases. Renters or owners will love the close proximity to popular dining and entertainment options. Enjoy seafood, pizza, ice cream, fine dining, mini golf and a waterpark within minutes. This beach front community offers a common courtyard, assigned parking with extra guest parking and private dock for fishing on the intracoastal. These units are part of a small condo association with only two other buildings.

Last Agent to Sell the Property

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3370730 Listed on: 11/29/2022

ENGEL & VOLKERS MADEIRA BEACH

Co-Listed By

Ashley Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3462455

Last Buyer's Agent

Jantzen Ellis

EXP REALTY LLC License #3563367

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,450

Year Built

  • Built in 1970

Lot Details

  • 0.57 Acre Lot
  • 200 Feet of Ocean or Gulf Waterfront

HOA Fees

  • $546 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Intracoastal
  • Full Gulf or Ocean

Home Design

  • Triplex
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • Open Floorplan
  • Sliding Doors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Dock made with wood
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • 3 Units
  • 1,550 Sq Ft Building
  • Beachcomber Condo Motel Condo Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $231,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,450

Year Built

Built in 1970

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Vinyl Siding
  • Fireplace: No
  • Living Area: 1550
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1550
  • Lot Size Sq Ft: 24928
  • Status: Sold
  • Co List Office Mls Id: MFR283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 144.00
  • Escrow City: Indian Shores
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd #C
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1032.26
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,End Unit
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Yn: No
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 144.00

Exterior Features

  • Exterior Features: Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Dock - Wood
  • Water View: Gulf/Ocean - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Water Frontage Feet Gulf Ocean: 200

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Condo Fees: 546
  • Monthly Condo Fee Amount: 546

Fee Information

  • Total Annual Fees: 6552.00
  • Total Monthly Fees: 546.00

Lot Info

  • Zoning: 0436
  • Parcel Number: 13-30-14-05888-000-0050
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Confirm Leasing restrictions with association. IRB has no city restrictions on minimum lease periods.

Multi Family

  • Gross Income: 231000
  • Number Of Units Total: 3
  • Waterfront Features: Gulf/Ocean
  • Total Num Buildings: 3
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 10450
  • Tax Block: 000
  • Tax Book Number: 35-108
  • Tax Lot: 0050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Fielding Dickey Properties Llc
Bought by
Dickey Fielding Howell
Current Estimated Value
$1,328,123

Purchase Details

Listed on
Nov 29, 2022
Closed on
May 15, 2023
Sold by
Gg0317 Llc
Bought by
Fielding Dickey Properties Llc
Seller's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
Buyer's Agent
Jantzen Ellis
EXP REALTY LLC
List Price
$1,599,900
Sold Price
$1,600,000
Premium/Discount to List
$100
0.006%
Views
240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.79%

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 12, 2019
Sold by
Nelson Warren and Nelson Carol
Bought by
Gg0317 Llc
Seller's Agent
Joseph MacConnell
CENTURY 21 JIM WHITE & ASSOC
Buyer's Agent
Joseph MacConnell
CENTURY 21 JIM WHITE & ASSOC
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.89%
Original Mortgage
$372,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2000
Sold by
Mccurry Elaine and Mccurry Charles
Bought by
Nelson Warren and Nelson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
7.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dickey Fielding Howell -- None Listed On Document
Fielding Dickey Properties Llc $1,600,000 Fidelity National Title
Gg0317 Llc $585,000 Sea Star Title Company Llc
Nelson Warren $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gg0317 Llc $372,000
Previous Owner Nelson Warren $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $1,600,000 0.0% $1,032 / Sq Ft
05/02/2023 05/02/23 For Sale $1,599,900 0.0% $1,032 / Sq Ft
04/30/2023 04/30/23 Off Market $1,600,000 -- --
04/29/2023 04/29/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $1,599,900 0.0% $1,032 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $1,599,900 -8.6% $1,032 / Sq Ft
11/29/2022 11/29/22 For Sale $1,749,900 +199.1% $1,129 / Sq Ft
04/12/2019 04/12/19 Sold $585,000 -2.5% $377 / Sq Ft View Prior Sale
03/17/2019 03/17/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $599,900 -- $387 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $21,396 $816,240 -- $816,240
2024 $11,927 $1,360,400 -- $1,360,400
2023 $11,927 $907,865 $0 $907,865
2022 $10,450 $796,150 $0 $796,150
2021 $8,751 $518,010 $0 $0
2020 $8,541 $496,896 $0 $0
2019 $4,015 $219,722 $0 $219,722
2018 $4,094 $228,296 $0 $0
2017 $3,917 $212,768 $0 $0
2016 $3,661 $194,402 $0 $0
2015 $2,216 $151,437 $0 $0
2014 $2,126 $146,249 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8183618

Stellar MLS

APN: 13-30-14-05888-000-0050