2308 Bay Boulevard, Indian Rocks Beach, Florida 33785
- $1,995,000
- $2,100,000
2308 Bay Boulevard, Indian Rocks Beach, Florida 33785
- $1,995,000
- $2,100,000
Overview
- Multi-Family, Residential Income
- 10
- 5
Description
**** 5-UNIT INDIAN ROCKS BEACH INVESTMENT PROPERTY **** INCLUDES A NEW ROOF WITH FULL CATEGORY-4-RATED HURRICANE STRAPS **** TRANSFERABLE HOTEL LICENSE **** A unique opportunity to own a turnkey investment property in this quiet location. Nestled between the Gulf & Intracoastal. Beach access, a 2-minute walk at the end of 24th Ave N, and a small park on deep-water Intracoastal across the street. The current owner has meticulously maintained the property for over 20 years. No Rental Minimum and NO HOA! The property consists of 5 separate – 2 bed / 1 bath units all updated and maintained. Each unit has a private patio and Washer/Dryer hookup/storage area. **Live in one unit and rent out the rest or use a local management company and have a hands-free Seasonal/VRBO/Airbnb income rental** THE WINDOWS ARE HURRICANE IMPACT!! Non-smoking building, inside and out. The Kitchen appliances include a Refrigerator, Range, Dishwasher, and built-in Microwave. THIS PROPERTY HAS 2 PARKING SPACES PER UNIT PLUS GUEST PARKING!! The only property of its size for Indian Rocks Beach (IRB) with this amount of parking. Block construction, Block walls between each unit, and firewalls between apartments in the attic. Each unit is metered separately for Electric, Water/Sewer. The building shows pride of ownership. **Currently Tenant Occupied and Annual Lease to 2024 – $115, 000. An increase in revenue is easily attainable as current rents are below market value. Perfect setup to convert to Airbnb. Comparable Short-Term Rentals in Indian Rocks Beach $200-$250k in gross income. Buyer to verify comparable income. **PLEASE DO NOT DISTURB TENANTS! ** Schedule a Private Showing today.
Address
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Address: 2308 BAY BOULEVARD
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City: Indian Rocks Beach
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State/county: FL
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Zip/Postal Code: 33785
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Country: US
Details
Updated on June 29, 2024 at 3:27 pm-
Property ID HZU8211094
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Price $1,995,000
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Land Area 0.21 Acres
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Bedrooms 10
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Bathrooms 5
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Year Built 1972
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Property Type Multi-Family, Residential Income
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Property Status Withdrawn
Additional details
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Listing Terms Cash, Conventional
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Roof Shingle
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Utilities BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central, Electric
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Flooring Tile
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County Pinellas
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Property Type Residential Income
Features
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Down Payment
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Loan Amount
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Property Tax
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PMI
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Monthly HOA Fees