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1214 Bay Pine Boulevard

Indian Rocks Beach, FL 33785
  • $1,125,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: U8233782
Price Reduced
$1,125,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,480
    SQFT
  • $760
    $/SQFT
Type:
Single-Family Home
Built:
1947
County:

School Ratings & Info

Description

Exciting investment opportunity! $73,000 Gross Annual Income. Fully updated and renovated multi-family triplex, ZERO deferred maintenance. Nestled in the picturesque coastal town of Indian Rocks Beach, Florida. Offering a unique proposition for both investors and homeowners seeking a prime location. Perfectly positioned just steps away from the beach, access to the intercoastal and the sparkling waters of the Gulf of Mexico, this triplex comprises two charming studio apartments and a main unit with 1100 sq ft featuring three bedrooms one bath private parking, and screened recreation room and private patio. Residents and tenants alike can bask in the glorious Florida sunshine and enjoy the gentle sea breeze from their private patios, providing an ideal space for unwinding after a long day. Moreover, this exceptional triplex provides convenient access to a wide array of local amenities, ensuring a lifestyle of comfort and convenience. With its prime corner location, zoning flexibility, endless possibilities, and strong potential for generating rental income, or building your dream beach getaway, this triplex represents a rare and exceptional investment prospect in one of Florida's most desirable coastal communities. Don't miss out on the chance to make this property your own and capitalize on all that Indian Rocks Beach has to offer. Property Features: Exterior: New roof (2023), New landscaping, new pavers, new driveways, new sprinkler system, new exterior paint, new PVC fencing, new patios on each unit, new exterior lighting, parking for 8-10 cars. Interior: All three units Fully Furnished / New Kitchens / appliances / counters and cabinets, new flooring, new doors, new keyless entry, Updated AC units (2021), Updated electric, 3 separate meters, updated plumbing, new interior lighting and fans, new interior paint and moldings. Highlight: No short term rental minimum Room for RV storage or boat storage. Perfect for Owner / Operator : live in Unit 1 - rent 2 & 3. Great 1031 exchange property.

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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 2024-05-22T23:50:02.657.
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1214 Bay Pine Boulevard Indian Rocks Beach, FL 33785

  • Price: $1,125,000
  • Status: Active
  • On Site: 76 Days
  • MLS #: U8233782
5
Beds
3
Baths
0
½ Baths
0.16
Acres
1,480
SQFT
$760
$/SQFT
1947
Built
Neighborhood:
Indian Beach Re-Revised 1St Add
County:
Pinellas
Area:
Indian Rocks Bch/Belleair Bch/Indian Shores
Property Description
Exciting investment opportunity! $73,000 Gross Annual Income. Fully updated and renovated multi-family triplex, ZERO deferred maintenance. Nestled in the picturesque coastal town of Indian Rocks Beach, Florida. Offering a unique proposition for both investors and homeowners seeking a prime location. Perfectly positioned just steps away from the beach, access to the intercoastal and the sparkling waters of the Gulf of Mexico, this triplex comprises two charming studio apartments and a main unit with 1100 sq ft featuring three bedrooms one bath private parking, and screened recreation room and private patio. Residents and tenants alike can bask in the glorious Florida sunshine and enjoy the gentle sea breeze from their private patios, providing an ideal space for unwinding after a long day. Moreover, this exceptional triplex provides convenient access to a wide array of local amenities, ensuring a lifestyle of comfort and convenience. With its prime corner location, zoning flexibility, endless possibilities, and strong potential for generating rental income, or building your dream beach getaway, this triplex represents a rare and exceptional investment prospect in one of Florida's most desirable coastal communities. Don't miss out on the chance to make this property your own and capitalize on all that Indian Rocks Beach has to offer. Property Features: Exterior: New roof (2023), New landscaping, new pavers, new driveways, new sprinkler system, new exterior paint, new PVC fencing, new patios on each unit, new exterior lighting, parking for 8-10 cars. Interior: All three units Fully Furnished / New Kitchens / appliances / counters and cabinets, new flooring, new doors, new keyless entry, Updated AC units (2021), Updated electric, 3 separate meters, updated plumbing, new interior lighting and fans, new interior paint and moldings. Highlight: No short term rental minimum Room for RV storage or boat storage. Perfect for Owner / Operator : live in Unit 1 - rent 2 & 3. Great 1031 exchange property.
Exterior Features

Additional Water Information 4 min walk to the Gulf of Mexicolocated across from Inter-coastal Carport Yn No Construction Materials BlockConcreteStucco Direction Faces North Exterior Features Awning(s)CourtyardDog RunGardenIrrigation SystemLightingPrivate MailboxRain GuttersStorage Foundation Details Slab Lot Features Corner LotFlood Insurance RequiredFloodZoneCity LotLevelNear Public Transit Open Parking YN Yes Other Structures Shed(s) Parking Features BoatGuestOff StreetOn StreetRV Parking Patio And Porch Features CoveredFront PorchPatioRear Porch Pool Private Yn No Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Breakfast Room SeparateDen/Library/OfficeStorage Rooms Appliances DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher Building Area Total 2103 Cooling Central AirMini-Split Unit(s) Cooling YN Yes Fireplace Yn No Flooring Vinyl Furnished Furnished Heating CentralElectric Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)Kitchen/Family Room ComboPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsThermostatWindow Treatments Laundry Features Laundry Room Levels One Sewer Public Sewer Water Source Public Window Features BlindsWindow Treatments

Property Features

Additional Lease Restrictions Indian Rocks Beach has very limited rental restrictions. STR is allowed. AirBNB is allowedDaily and weekly is allowed. Approval Process Approval by City of Indian Rocks Beach - Rental license for STR. Association Approval Required Yn No Association Yn No Cdd Yn No Community Features Golf Carts OKParkPlaygroundRestaurantTennis Court(s) Down Payment Resource No Flood Zone Code AE Garage Yn No Homestead Yn No Lease Considered YN No Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum Month To Month Or Weekly Yn No New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Realtor Info As-IsDocs AvailableFloor Plan AvailableShort Term Rental AllowedSurvey Available Senior Community Yn No Special Listing Conditions None Tax Annual Amount 6890 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableCable ConnectedFiber Optics


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 2024-05-22T23:50:02.657.
 
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