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Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1957
Sq.Footage
2,464
** 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.
Features & Amenities
Interior
-
Other Interior Features
Stone Counters
-
Total Bedrooms
6
Area & Lot
-
Lot Features
Level, Near Public Transit, Paved, Waterfront
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Other Exterior Features
Dock, Awning(s), Balcony, Lighting, Outdoor Shower, Rain Gutters, Storage
-
Parking
Driveway, On Street
Financial
-
Sales Price
$2,099,000
-
Tax Amount
15700.0
-
Zoning
MULTIFAMIL
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Location
County
Pinellas
Elementary School
Anona Elementary-PN
Middle School
Seminole Middle-PN
High School
Largo High-PN
Listing Courtesy of Mike Daquino , DOUGLAS ELLIMAN
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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