Price History
$1,150,000
3/7/2024
$1,050,000
3/18/2024
$1,150,000
3/27/2024
1214 Bay Pine BOULEVARD, Indian Rocks Beach, FL, 33785
7 rooms
5 beds
3 Full baths
1947
1,480 sqft
Exciting investment opportunity! $73,000 Gross Annual Income. Fully updated and renovated multi-family triplex, ZERO deferred maintenance. Nestled in the picturesque coastal town of Indian Rocks Beach, Florida. Offering a unique proposition for both investors and homeowners seeking a prime location. Perfectly positioned just steps away from the beach, access to the intercoastal and the sparkling waters of the Gulf of Mexico, this triplex comprises two charming studio apartments and a main unit with 1100 sq ft featuring three bedrooms one bath private parking, and screened recreation room and private patio. Residents and tenants alike can bask in the glorious Florida sunshine and enjoy the gentle sea breeze from their private patios, providing an ideal space for unwinding after a long day. Moreover, this exceptional triplex provides convenient access to a wide array of local amenities, ensuring a lifestyle of comfort and convenience. With its prime corner location, zoning flexibility, endless possibilities, and strong potential for generating rental income, or building your dream beach getaway, this triplex represents a rare and exceptional investment prospect in one of Florida's most desirable coastal communities. Don't miss out on the chance to make this property your own and capitalize on all that Indian Rocks Beach has to offer. Property Features: Exterior: New roof (2023), New landscaping, new pavers, new driveways, new sprinkler system, new exterior paint, new PVC fencing, new patios on each unit, new exterior lighting, parking for 8-10 cars. Interior: All three units Fully Furnished / New Kitchens / appliances / counters and cabinets, new flooring, new doors, new keyless entry, Updated AC units (2021), Updated electric, 3 separate meters, updated plumbing, new interior lighting and fans, new interior paint and moldings. Highlight: No short term rental minimum Room for RV storage or boat storage. Perfect for Owner / Operator : live in Unit 1 - rent 2 & 3. Great 1031 exchange property.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Furnished
Laundry Remarks:
Laundry Room
Subdivision:
INDIAN BEACH RE-REVISED 1ST ADD
Garage:
Boat, Guest, Off Street, On Street, RV Parking
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s)
Acreage:
0.16
Est. Taxes:
$6,890
Construction
Block, Concrete, Stucco
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Fiber Optics
Lot Description:
Corner Lot, Flood Insurance Required, FloodZone, City Lot, Level, Near Public Transit
Days on Market:
40
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
U8233782
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of DOUGLAS ELLIMAN Phone: 727-698-5708