location_onINDIAN ROCKS BEACH, FL 33785 · Pinellas County
ATTN INVESTORS - INDIAN ROCKS BEACH 4 UNIT BUILDING! LESS THAN $250K/unit ---ONLY 2 BLOCKS TO SAND! GREAT INVESTMENT OPPORTUNITY! ***ALL UNITS are IDEAL SIZE for vacation rental business - 2 bedrooms, 1 bath, 765 square feet, great floorplan, many new updates! UPDATES: new metal roof 2017, some units feature new hot water heater, new AC, new fridge, dishwasher. MAJOR new landscaping design just completed! See attached list of upgrades & FAQs. Each unit has 2 parking spaces (tandem) and 2 guest spaces tandem parking. 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! HURRICANE HELENE flooded apt 1 and 2 and laundry room. ALL professionally remediated. Ready for new owner’s tastes. NO damages from Hurricane Milton super winds - very strong, safe bldg and roof proven! APT 3 & 4 on 2nd floor currently rented at below market rent due to being listed for sale/showings. Live in one apt and rent out others! SHORT TERM RENTALS ALLOWED. ADJACENT northside duplex property for sale as well. Great chance to have a fantastic vacation resort. Unlimited opportunities and income for the right beach loving owner! Located within walking distance to local restaurants, attractions. EASY, convenient access to the beautiful Gulf beaches via 27th Ave beach access, perfectly situated for both leisure and ease of commuting. IRB is golf cart friendly. Many options with this unique property as a primary residence, 2nd home getaway with short term rentals (STR) - NO minimum nightly rental in IRB. AIRDNA estimates $247K gross rent as a STR. Don't let this promising investment opportunity get away! ***DO NOT DISTURB TENANTS IN APT 3 & 4 ONLY***
Appliances
Flooring
Cooling
Heating
Construction
Roof
Parking
Elizabeth Barrett
LIZARD REALTY
$199,100 down
Loan amount $796,400
Estimated monthly principal & interest
$5,034
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
LIZARD REALTY
727-455-2832
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