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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,389 sqft
Price per Sqft $565
Subdivision Indian Beach Re-Revised
MLS Listing ID U8213273
Sold Date 12/11/23
Construction Status Appraisal,Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1947
Annual Tax Amount $8,947
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 70x106
Property Description
MLS U8220097 WAS ORIGINALLY INCLUDED IN THIS SALE BUT WAS LISTED SEPARATELY PER LENDER REQUEST. Finally, here’s a TOTALLY renovated turnkey investment property in Indian Rocks Beach. Three completely remodeled charming "Old Florida style" cottages are available only one block from beach access to the Gulf of Mexico. No rental minimum and no HOA. Current owners completely renovated the cottages in 2019 and 2021 in addition to building a new gas heated pool with spa and Tiki bar in the center courtyard. One of the cottages is a single 1bedroom 1 bath and the remaining cottage is a duplex, each unit having 1 bedroom and 1 bath in addition to a bonus room that is currently designed as a sitting room with a pull- out sofa giving the ability to sleep 4 people.
All units are beautifully decorated and furnished with coastal theme and contain fully stocked kitchens in addition to a washer/dryer located inside each unit. Kitchen appliances include refrigerator, oven (gas in all units), dishwasher and microwave. Each unit has water heaters and AC/heating units installed at the time renovations were completed. All are block construction. Each unit has an outdoor shed to store beach gear. One of the two outdoor grills has gas line hookup. Two exterior security cameras have also been installed providing views of the pool and off-street parking area which can accommodate up to five cars.
Additional income potential for this property is great given the current owners rent weekly, and shorter term rentals are allowed. Its location is within walking distance to several restaurants and the beach, in addition to the character of the property which provides a unique experience for guests that could be further enhanced by utilizing the side and back courtyards surrounding the cottages to include additional seating areas, fire pit, outdoor games etc. Peak season months are fully booked with repeat snow bird travelers. This is a unique property that stands out from the rest in beautiful Indian Rocks Beach, a 10-minute drive south of Clearwater Beach which was voted #5 best beaches in the country in 2023 by USA News.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Thermostat, Window Treatments
Heating Central, Propane
Cooling Central Air, Mini-Split Unit(s)
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Courtyard, Fence, Lighting, Outdoor Grill
Pool Gunite, Heated, In Ground
Utilities Available Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool Yes
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with NORTHSTAR REALTY