$800,000
$899,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
2,680 SqFt
SOLD DATE : 10/19/2020
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,680 sqft
Price per Sqft $298
Subdivision Indian Beach Re-Revised
MLS Listing ID U8063151
Year Built 1980
Annual Tax Amount $8,550
Lot Size 5,662 Sqft
Property Description
Incredible investment opportunity on Indian Rocks Beach - zoned commercial and allows nightly rentals. Both units in this duplex feature 2 bedrooms and 2 bathrooms with indoor laundry and a massive garage that can hold 6 cars each. This location is perfect for entertaining and the beautiful Gulf Beaches are directly across the street. This property has been completely renovated with the finest materials and no expense spared. Everything in this solid concrete structure is brand new including a metal roof, AC, electric, all hurricane impact glass, beautiful tile floor, and custom kitchens with high-end appliances. Both units have large balconies to watch the beautiful sunsets. With an abundance of storage, you can have all of the beach toys including golf carts -- great for Indian Rocks Beach! One garage is even air conditioned. You can walk to local restaurants, nightlife, and shopping or ride the Jolley Trolley up and down the Gulf coast. This would also make a great property to live in one side and rent out the other unit. The opportunity is endless for this amazing property! Pro forma available upon request. Projected 10% cap rate! Duplex can be split into two condo units.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised
Rooms
Other Rooms Inside Utility
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Laundry Inside, Laundry Room
Exterior
Exterior Feature Balcony, Fence, Sliding Doors
Parking Features Bath In Garage, Boat, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Open, Oversized, Tandem, Workshop in Garage
Garage Spaces 12.0
Community Features Fishing, Golf Carts OK, Playground, Boat Ramp, Sidewalks, Tennis Courts, Water Access
Utilities Available Public, Street Lights
View Y/N 1
Water Access 1
View City, Water
Roof Type Metal
Building
Lot Description FloodZone, Level, Paved
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Schools
Elementary Schools Anona Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Largo High-Pn
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with ENGEL & VOLKERS BELLEAIR