2706 1ST STREET INDIAN ROCKS BEACH FL 33785 MLS #U8241594

2706 1ST STREET
INDIAN ROCKS BEACH, FL, 33785
$1,599,990
32 Beds
16 Baths
3,060 SqFt
0.17 Acres
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ATTN INVESTORS – INDIAN ROCKS BEACH 4 UNIT BUILDING! LESS THAN $400K/unit —ONLY 2 BLOCKS TO SAND! GREAT INVESTMENT OPPORTUNITY! ALL UNITS are 2 bedrooms, 1 bath, 765 square feet, great floorplan, porches, many new updates! UPDATES: new metal roof 2017, some units feature new hot water heater, new AC, new fridge, dishwasher. See attached list of upgrades & FAQs. Laundry room on-site , new coin operated washer & dryer. Each unit has 2 parking spaces and 2 guest spaces (tandem). POOL sized lot has lots of room on west side of the property for pool, hot tub, gazebo. tiki huts – check with City of IRB for permitting requirements. Highly desirable location, concrete building with over 20 years steady rental income! Currently rented to long term, very nice tenants at below market rent due to being listed for sale. Live in one and rent out others! SHORT TERM RENTALS ALLOWED. ADJACENT southside duplex property for sale as well. Great chance to have a fantastic vacation resort or knock down and build new. Unlimited opportunities and income for the right beach loving owner!
Located within walking distance to local restaurants, attractions including the IRB Nature Preserve, many parks with tennis/pickleball, basketball, baseball field, skateboard park, playground. EASY, convenient access to the beautiful Gulf beaches via 27th Ave beach access, perfectly situated for both leisure and ease of commuting. BRING YOUR BOAT – community boat ramp less than 1 block away! The beach community offers endless opportunities for waterfront activities, dining, and shopping, making it an ideal location. IRB is golf cart friendly. Many options with this unique property as primary residence, 2nd home getaway with short term rentals (STR) – NO minimum rental in IRB. AIRDNA estimates $247K gross rental as a STR. Embodying quality construction and many updates, new owners will enjoy a worry-free lifestyle! Enjoy a beach community that celebrates the best of Florida living, blending modern comforts with the natural beauty of IRB. Don’t let this promising investment opportunity get away! ***DO NOT DISTURB TENANTS***

Property Details

Price:
$1,599,990
MLS #:
U8241594
Status:
Active
Beds:
32
Baths:
16
Address:
2706 1ST STREET
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
INDIAN BEACH RE-REVISED
City:
INDIAN ROCKS BEACH
Listed Date:
May 5, 2024
State:
FL
Finished Sq Ft:
3,060
ZIP:
33785
Lot Size:
7,196 sqft / 0.17 acres (approx)
Year Built:
1973
Units:
4
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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Luxury Vinyl, Tile
Heating
Central, Electric
Laundry Features
Common Area, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Exterior

Community Features
Community Boat Ramp, Dock, Fishing, Intracoastal Waterway, Marina, Public Boat Ramp, Dog Park, Fitness Center, Golf Carts O K, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
Construction Materials
Concrete, Other
Exterior Features
Balcony, Courtyard, Garden, Lighting, Private Mailbox, Storage
Other Structures
Shed(s), Storage
Parking Features
Common, Curb Parking, Golf Cart Parking, Ground Level, Guest, On Street, Open, Oversized, Tandem
Roof
Metal

Financial

Buyer Agent Compensation
2.5%-$395%
Tax Year
2023
Taxes
$12,927

Map

Community

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2706 1ST STREET
INDIAN ROCKS BEACH, FL