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2605 Bay Boulevard

Indian Rocks Beach, FL 33785
  • $2,099,000
  • STATUS: Closed
  • ON SITE: 459 Days
  • MLS #: U8191404
Sold - 10/27/2023
$2,099,000
SOLD - 10/27/2023
  • 6
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,464
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
1957
County:

School Information

Elementary School:
Middle School:
High School:

Description

** Seller Financing Opportunity...Seller will hold 500K note at 7%**Perfect opportunity to purchase a waterfront, 3 unit (6 bedroom) vacation rental building in the highly sought after city of Indian Rocks Beach. CONCRETE BLOCK CONSTRUCTION - ALL NEW HURRICANE - NEW MARINE SEAWALL - ALL NEW ROOF - WATERFRONT VACATION RENTAL PROPERTY. Turn-key and ready for Vacation Rentals. Tenant occupied, annual leases all Month to Month. Indian Rocks Beach has no rental restrictions on AirBnB short terms rentals. Excellent Income property. Entire property has been renovated both interior and exterior. All new hurricane windows, new paint, awnings, pavers (front and back), car port, landscaping, sprinklers and fencing. 72 feet of new seawall and cap. Interiors of all three units (2 Beds 1 Bath) are brand new, kitchens, appliances, bathrooms, flooring, moldings and paint. All new AC units. Roof deck and dock with space for two boats. New outdoor shower, covered parking. Three separate storage units with washer and dryer in each. See attached income statement for income and expenses. All 2 Beds 1 Bath Zero deferend maintenance Fully Renovated New roof 72 Feet of Waterfront along the Intercoastal All New landscaping, sprinklers, pavers, deck, dock New seawall and cap All New hurricane windows, exterior paint, awnings. All New gutters and soffits. All New interiors, paint, flooring, kitchens, baths, molding, doors, appliances. New Hot & Cold Outdoor Shower 3 New AC units 3 Separate electric meters Unit 1 furnished by professional interior designer, ready for Airbnb, all furnishings convey. All new outdoor lighting Keyless entry on all doors. Comparable STR's in Indian Rocks Beach are showing 240K-260K in gross income. Buyer to verify comparable income.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-28T20:44:41.763.
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2605 Bay Boulevard Indian Rocks Beach, FL 33785

  • Price: $2,099,000
  • Status: Closed
  • On Site: 459 Days
  • Updated: 36 min ago
  • MLS #: U8191404
6
Beds
0
Baths
0
½ Baths
0.18
Acres
2,464
SQFT
$0
$/SQFT
1957
Built
Neighborhood:
Indian Beach Re-Revised 12Th Add
County:
Pinellas
Area:
Indian Rocks Bch/Belleair Bch/Indian Shores
Elementary School:
Anona Elementary-PN
Middle School:
Seminole Middle-PN
High School:
Largo High-Pn
Property Description
** Seller Financing Opportunity...Seller will hold 500K note at 7%**Perfect opportunity to purchase a waterfront, 3 unit (6 bedroom) vacation rental building in the highly sought after city of Indian Rocks Beach. CONCRETE BLOCK CONSTRUCTION - ALL NEW HURRICANE - NEW MARINE SEAWALL - ALL NEW ROOF - WATERFRONT VACATION RENTAL PROPERTY. Turn-key and ready for Vacation Rentals. Tenant occupied, annual leases all Month to Month. Indian Rocks Beach has no rental restrictions on AirBnB short terms rentals. Excellent Income property. Entire property has been renovated both interior and exterior. All new hurricane windows, new paint, awnings, pavers (front and back), car port, landscaping, sprinklers and fencing. 72 feet of new seawall and cap. Interiors of all three units (2 Beds 1 Bath) are brand new, kitchens, appliances, bathrooms, flooring, moldings and paint. All new AC units. Roof deck and dock with space for two boats. New outdoor shower, covered parking. Three separate storage units with washer and dryer in each. See attached income statement for income and expenses. All 2 Beds 1 Bath Zero deferend maintenance Fully Renovated New roof 72 Feet of Waterfront along the Intercoastal All New landscaping, sprinklers, pavers, deck, dock New seawall and cap All New hurricane windows, exterior paint, awnings. All New gutters and soffits. All New interiors, paint, flooring, kitchens, baths, molding, doors, appliances. New Hot & Cold Outdoor Shower 3 New AC units 3 Separate electric meters Unit 1 furnished by professional interior designer, ready for Airbnb, all furnishings convey. All new outdoor lighting Keyless entry on all doors. Comparable STR's in Indian Rocks Beach are showing 240K-260K in gross income. Buyer to verify comparable income.
Exterior Features

Carport Spaces 4 Carport Yn Yes Construction Materials BlockConcrete Covered Spaces 4 Exterior Features Awning(s)BalconyFencedIrrigation SystemLightingOutdoor ShowerRain GuttersStorage Foundation Details Slab Lot Features Flood Insurance RequiredFloodZoneCity LotIn CountyLevelNear MarinaNear Public Transit Lot Size Dimensions 73x104 Open Parking YN No Other Structures Storage Parking Features DrivewayGround LevelOn Street Pool Private Yn No Road Surface Type PavedConcrete Roof Membrane Spa YN No View Water Water Access Canal - SaltwaterIntracoastal Waterway Water Access Yn Yes Water Body Name Intracoastal Waterway Water Extras Dock - Composite Water Extras Yn Yes Water Frontage Feet Icw 73 Water View Bay/Harbor - FullCanalIntracoastal Waterway Water View Yn Yes Waterfront Features Bay/HarborCanal - SaltwaterIntracoastal Waterway Waterfront Feet Total 73 Waterfront Yn Yes

Interior Features

Additional Rooms Storage Rooms Appliances DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher Cooling Central Air Cooling YN Yes Fireplace Yn No Furnished Partially Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(s)Kitchen/Family Room ComboStone CountersThermostat Levels Two Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions City of IRB allows short term vacation rentalsAirBNBVrbo.. just need license through the city. Annual Net Income 190000 Association Approval Required Yn No Association Yn No Building Name Number BAY TO BEACH Cdd Yn No Community Features ParkPlaygroundPublic Boat RampTennis Courts Down Payment Resource No Flood Zone Code A Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pets Allowed Yes Planned Unit Development Yn No Property Condition Completed Property Sub Type Triplex Realtor Info As-IsSign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 15700 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPublicSewer ConnectedStreet LightsWater Connected Yrs Of Owner Prior To Leasing Re No Zoning MULTIFAMIL


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of DOUGLAS ELLIMAN: 727-698-5708.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-28T20:44:41.763.
 
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