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$2,195,000

722-724 1st Street Indian Rocks Beach, FL 33785 Multi Unit - Multiple Active

  • 722-724 1st Street, Indian Rocks Beach, FL 33785 Main Photo

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Description

A Rare Opportunity in the Heart of Indian Rocks Beach!Welcome to an exceptional 6-unit multifamily gem in the highly coveted Indian Rocks Beach community - where lifestyle, location, and income potential align beautifully.This property has been completely renovated from top to bottom, delivering peace of mind and modern appeal for today's savvy investor. Every detail has been thoughtfully refreshed, including new landscaping, a new privacy fence, and fully updated interiors throughout all 6 units.Each residence features a spacious 2-bedroom, 1-bath layout, enhanced with brand-new modern appliances, sleek cabinetry, and stylish countertops. Two on-site laundry rooms adds convenience & value for tenants & guests. 8 Tandem parking spaces, brand new paved parking, all new rock landscaping- for low maintenance.The flexibility here is powerful: short-term rentals, AirBnB, or long-term leasing are all permitted, opening multiple income streams in one of the Gulf Coasts most desirable beach towns.Step outside and enjoy the charm of Indian Rocks Beachaward-winning local restaurants, laid-back coastal vibes, and stunning white-sand beaches are just moments away. Even better, the beach is only a short walk from the property, making this an irresistible location for renters year-round.Whether you're expanding your portfolio or seeking a high-demand coastal investment, this is a rare opportunity to own a fully renovated, income-producing property in one of Florida's most beloved beach communities.Opportunities like this don't come often!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $9,491
Year Built: 1974

General Information

Bedrooms: 12
Sqft: 4,800
County: Pinellas
Subdivision: NEW HAVEN BEACH
Listed By:
Kevin Freel CENTURY 21 LIST WITH BEGGINS 813-658-2121

Amenities

Other
Other

Property Features

Annual Net Income: 130000.00
Directions: Gulf Blvd turn onto 7th Ave or 8th Ave then turn onto 1st St.
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.16
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Property Attached Y/N: No
Property Sub-Type: Triplex
Senior Community: Yes
Sewer: Public Sewer
Showing Instructions: Lock Box Electronic, ShowingTime
Special Sale Provisions: None
Units: 6
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Display Window(s)
$2,195,000
12beds
4,800sqft
New to the Market Active
BEDS12 BATHS SQUARE FEET4,800 MLS#TB8486443
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNEW HAVEN BEACH

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722-724 1st Street, Indian Rocks Beach, FL 33785.

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Estimated Payment

$ 8,834.49 per month $7,403.37 Principal & Interest $790.92 Property Tax $640.21 Homeowner's Insurance

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