$686,000
$769,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
2,016 SqFt
SOLD DATE : 02/18/2020
Key Details
Sold Price $686,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $340
Subdivision Indian Beach Re-Revised 3Rd Add
MLS Listing ID U8068391
Year Built 1951
Annual Tax Amount $6,562
Lot Size 4,791 Sqft
Property Description
Attention investors and savvy home buyers! Here is an excellent investment opportunity to purchase a 4 unit rental building in the highly desirable Indian Rocks Beach community. This community still allows for SHORT TERM AND LONG TERM RENTALS!! Property is located 2 blocks from the turquoise waters of the Gulf of Mexico and is directly on the Intercoastal Waterway. It lies within a Cul De Sac road, so traffic is not a concern. Quadplex consists of (3) 1bed/1bath with full kitchen apartments and (1) studio apartment with an efficiency kitchen area. Each apartment is on a separate electrical meter. There is also an electrical source on the dock for the boats with its own meter. Unit 4 has a direct view of the Intercoastal Waterway from the apartment - it would make a fabulous home while you rent out the remaining units as income. In addition to the Quadplex. There are 3 boat slips available for use -which may be rented out as well. A small grilling and patio area is located to the back of the property so visitors can entertain people during the summer time. Roof is 2008, AC units in homes are less than 3 years old. Sod and brand new exterior painting was completed Dec 2019. The opportunities are endless. It is located close to local restaurants, night life, and shopping, The Jolly Trolley stop is 2 blocks up the street Hurry, this investment opportunity will not last long.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised 3Rd Add
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature Sliding Doors
Parking Features Open
Utilities Available Public
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
View Water
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
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 KELLER WILLIAMS ST PETE REALTY