location_onINDIAN ROCKS BEACH, FL 33785 · Pinellas County
SELLERS ARE HIGHLY MOTIVATED AND SAYS TO BRING ALL OFFERS! PRICED TO MOVE AT UNDER $900k A Fully renovated Turnkey Coastal Triplex – Saltwater Canal Frontage & 2 Blocks to the Beach! Investor's paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach—all for under $900k, Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor. The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today’s high-end vacationers or an owner-occupant looking to live for free. Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests). Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager’s quarters. Premium Upgrades Include: Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances. Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures. Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep. Slab-on-grade block construction on an expansive 5,500+ sq ft lot with ample open parking for guests. The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare "best of both worlds" layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly two blocks to the west to put your toes in the Gulf of America...guests can entirely bypass the car—boutique shopping, local culinary staples, and parks are all within casual walking distance. Versatile Investment Strategies: Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market. The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage. Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market. Sellers are highly motivated and ready to look at all offers. Don't miss the window on this re-positioned luxury asset—schedule your tour today!
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$180,000 down
Loan amount $719,999
Estimated monthly principal & interest
$4,551
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
CHARLES RUTENBERG REALTY INC
727-538-9200
