UPDATED:
Key Details
Sold Price $1,573,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,918 sqft
Price per Sqft $401
Subdivision Indian Beach Re-Revised 13Th Add
MLS Listing ID TB8335976
Bedrooms 8
Year Built 1970
Annual Tax Amount $22,859
Lot Size 6,969 Sqft
Property Sub-Type Quadruplex
Property Description
Waterfront Multifamily 4-plex has Deep water with direct access to the Gulf of Mexico is a income-generating property that offers flexible rental opportunities, including SHORT-TERM rentals.
The previous owner used the property as an Air B&B.
Located on picturesque Deep-Water Cove leading to the Intracoastal Waterway, it is a dream come true for investors or those seeking the ultimate Florida lifestyle. Ideally located just blocks from the sugar-white sands of Indian Rocks Beach.
Each of the four identical units boasts a spacious 2-bedroom, 2-bathroom layout. Two units feature serene open-water views, while the other two enjoy charming street views. Inside, discover modern updates with new or brand-new appliances and fixtures, perfect for long-term, seasonal, or vacation rentals.
Premier waterfront amenities set this property apart. A private dock includes one 13,000-lb boat lift and two jet ski lifts, with additional space for more watercraft. Boaters will appreciate the easy access to the Gulf of Mexico, while fishing enthusiasts can cast their lines right from the dock. The fully brick-paved patio provides an ideal outdoor dining and relaxation setting, and endless dolphin sightings add to the charm.
Other highlights include a shared laundry room for tenant convenience, ample parking, a dedicated carport space for each unit, and extra guest parking. This property is close to city parks featuring tennis and basketball courts, playgrounds, and recreational amenities.
With no rental minimums and Close access to local dining, entertainment, a trolley, and the Beach, the property offers endless potential as a turnkey investment. The bottom two units were damaged during the last storm. Electrical, Plumbing, Bathrooms, and More are complete. However, drywall, lower cabinets, etc., are needed. This is a Great Opportunity for a High-Income Property.
........BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing...4-Pont Inspection uploaded Shortly and will be available at the Sale. Prospectus attached. WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised 13Th Add
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Tile
Laundry Common Area, Inside, Laundry Room
Exterior
Exterior Feature Balcony, Courtyard, Lighting, Other, Sliding Doors
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
View Water
Roof Type Other
Building
Lot Description FloodZone, Paved
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Anona Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Largo High-Pn
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
Bought with AMERICAN HERITAGE REALTY, INC.