$2,099,000
$2,099,000
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6 Beds
3 Baths
2,464 SqFt
SOLD DATE : 10/27/2023
Key Details
Sold Price $2,099,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,464 sqft
Price per Sqft $851
Subdivision Indian Beach Re-Revised 12Th Add
MLS Listing ID U8191404
Sold Date 10/27/23
Bedrooms 6
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $15,700
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 73x104
Property Description
** Seller Financing Opportunity...Seller will hold 500K note at 7%**Perfect opportunity to purchase a waterfront, 3 unit (6 bedroom) vacation rental building in the highly sought after city of Indian Rocks Beach. CONCRETE BLOCK CONSTRUCTION - ALL NEW HURRICANE - NEW MARINE SEAWALL - ALL NEW ROOF - WATERFRONT VACATION RENTAL PROPERTY. Turn-key and ready for Vacation Rentals. Tenant occupied, annual leases all Month to Month. Indian Rocks Beach has no rental restrictions on AirBnB short terms rentals. Excellent Income property. Entire property has been renovated both interior and exterior. All new hurricane windows, new paint, awnings, pavers (front and back), car port, landscaping, sprinklers and fencing. 72 feet of new seawall and cap. Interiors of all three units (2 Beds 1 Bath) are brand new, kitchens, appliances, bathrooms, flooring, moldings and paint. All new AC units. Roof deck and dock with space for two boats. New outdoor shower, covered parking. Three separate storage units with washer and dryer in each. See attached income statement for income and expenses. All 2 Beds 1 Bath Zero deferend maintenance Fully Renovated New roof 72 Feet of Waterfront along the Intercoastal All New landscaping, sprinklers, pavers, deck, dock New seawall and cap All New hurricane windows, exterior paint, awnings. All New gutters and soffits. All New interiors, paint, flooring, kitchens, baths, molding, doors, appliances. New Hot & Cold Outdoor Shower 3 New AC units 3 Separate electric meters Unit 1 furnished by professional interior designer, ready for Airbnb, all furnishings convey. All new outdoor lighting Keyless entry on all doors. Comparable STR's in Indian Rocks Beach are showing 240K-260K in gross income. Buyer to verify comparable income.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised 12Th Add
Zoning MULTIFAMIL
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Stone Counters, Thermostat
Heating Central, Electric
Cooling Central Air
Furnishings Partially
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Awning(s), Balcony, Fence, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Storage
Parking Features Driveway, Ground Level, On Street
Community Features Park, Playground, Boat Ramp, Tennis Courts
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Waterfront Description Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
View Y/N 1
Water Access 1
Water Access Desc Canal - Saltwater,Intracoastal Waterway
View Water
Roof Type Membrane
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, City Limits, In County, Level, Near Marina, Near Public Transit, Paved
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Concrete
New Construction false
Schools
Elementary Schools Anona Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Largo High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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