717 E Gulf Blvd Indian Rocks Beach, FL 33785
Estimated payment $6,577/month
Highlights
- 24 Feet of Waterfront
- Intracoastal View
- Open Floorplan
- Anona Elementary School Rated A-
- Built in 1959 | Newly Remodeled
- Stone Countertops
About This Home
PRICED TO MOVE BELOW $1M: Fully Turnkey Coastal Triplex – Saltwater Canal Frontage & 1 Block to the Beach! Investor's paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach—all for under $1,000,000. Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor. The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today’s high-end vacationers or an owner-occupant looking to live for free. Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests). Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager’s quarters. Premium Upgrades Include: Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances. Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures. Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep. Slab-on-grade block construction on an expansive 5,500+ sq ft lot with ample open parking for guests. The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare "best of both worlds" layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly one block to the west to put your toes in the Gulf of Mexico. Guests can entirely bypass the car—boutique shopping, local culinary staples, and parks are all within casual walking distance. Versatile Investment Strategies: Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market. The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage. Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market. Sellers are highly motivated and ready to look at clean offers. Don't miss the window on this re-positioned luxury asset—schedule your tour today!
Listing Agent
CHARLES RUTENBERG REALTY INC Brokerage Phone: 866-580-6402 License #3149295 Listed on: 12/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,914
Year Built
- Built in 1959 | Newly Remodeled
Lot Details
- 5,624 Sq Ft Lot
- Lot Dimensions are 32x110
- 24 Feet of Waterfront
- 12 Feet of Salt Water Canal Waterfront
- 12 Feet of Intracoastal Waterfront
- Property fronts an intracoastal waterway
- Property fronts a saltwater canal
- Private Entrance
Property Views
- Intracoastal
- Canal
Home Design
- Triplex
- Slab Foundation
- Block Exterior
Interior Spaces
- 2,100 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Blinds
- Family Room Off Kitchen
- Combination Dining and Living Room
- Walk-Up Access
Kitchen
- Convection Oven
- Cooktop
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Windows
- Fire and Smoke Detector
Outdoor Features
- Access to Saltwater Canal
- Seawall
- No Wake Zone
- Covered Patio or Porch
- Exterior Lighting
- Private Mailbox
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Ozona Elementary School
- Seminole Middle School
- Seminole High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Thermostat
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 68
- Assessor Parcel Number 12-30-14-02394-000-0680
Community Details
Overview
- No Home Owners Association
- 3 Units
- Bahia Vista Sub Subdivision
Building Details
- 2 Separate Electric Meters
- Gross Income $77,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,914 | $450,000 | $409,927 | $40,073 |
| 2024 | $13,160 | $830,000 | $559,233 | $270,767 |
| 2023 | $13,160 | $765,000 | $572,223 | $192,777 |
| 2022 | $12,201 | $725,000 | $546,000 | $179,000 |
| 2021 | $7,109 | $386,600 | $0 | $0 |
| 2020 | $6,512 | $329,904 | $0 | $0 |
| 2019 | $6,933 | $351,873 | $256,144 | $95,729 |
| 2018 | $5,000 | $251,266 | $0 | $0 |
| 2017 | $5,033 | $247,399 | $0 | $0 |
| 2016 | $5,043 | $243,642 | $0 | $0 |
| 2015 | $4,817 | $224,043 | $0 | $0 |
| 2014 | -- | $223,862 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2026 06/02/26 | Price Changed | $999,999 | -5.7% | $476 / Sq Ft | |
| 05/05/2026 05/05/26 | Price Changed | $1,059,900 | -3.6% | $505 / Sq Ft | |
| 03/12/2026 03/12/26 | Price Changed | $1,099,999 | -2.7% | $524 / Sq Ft | |
| 02/27/2026 02/27/26 | Price Changed | $1,130,900 | -1.7% | $539 / Sq Ft | |
| 12/30/2025 12/30/25 | For Sale | $1,149,900 | +34.5% | $548 / Sq Ft | |
| 11/08/2021 11/08/21 | Sold | $855,000 | -4.9% | $407 / Sq Ft | View Prior Sale |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- | |
| 09/09/2021 09/09/21 | For Sale | $899,000 | -- | $428 / Sq Ft |
Source: Stellar MLS
MLS Number: TB8459701
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Ask me questions while you tour the home.