1214 Bay Pine Boulevard, Indian Rocks Beach, FL 33785

$1,125,000
5
BD
3
BA
1,480
SqFt
List Price
$1,125,000
Status
Active
Days on Market
77
Price Change
▼ $25,000 1716075756
MLS#
U8233782
Property Style
Single Family
Year Built
1947
Bedrooms
5
Bathrooms
3
Living Area
1,480
Lot Size
6,782
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Indian Beach Re-Revised 1st Add
MLS Area Major
Indian Rocks Bch/Belleair Bch/Indian Shores

Property Description

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.

Additional Information

Taxes
$6890
Minimum Lease
No Minimum
Location
Corner Lot, Flood Insurance Required, FloodZone, City Limits, Level, Near Public Transit, Paved
Community Features
Golf Carts OK, Park, Playground, Restaurant, Tennis Courts, No Deed Restriction
Property Description
One Story
Interior Layout
Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Interior Features
Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Floor
Vinyl
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Fiber Optics
Heating
Central, Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Awning(s), Courtyard, Dog Run, Garden, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Boat, Guest, Off Street, On Street, RV Parking
Flood Zone Code
AE
Parcel ID
01-30-14-42048-084-0170
Legal Description
INDIAN BEACH RE-REVISED 1ST ADD BLK 84, LOT 17

Mortgage Calculator

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Listing courtesy of DOUGLAS ELLIMAN.

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