722-724 1st Street, Indian Rocks Beach, FL 33785

$2,195,000

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Property Description

A Rare Opportunity in the Heart of Indian Rocks Beach!Welcome to an exceptional 6-unit multifamily gem in the highly coveted Indian Rocks Beach community - where lifestyle, location, and income potential align beautifully.This property has been completely renovated from top to bottom, delivering peace of mind and modern appeal for today's savvy investor. Every detail has been thoughtfully refreshed, including new landscaping, a new privacy fence, and fully updated interiors throughout all 6 units.Each residence features a spacious 2-bedroom, 1-bath layout, enhanced with brand-new modern appliances, sleek cabinetry, and stylish countertops. Two on-site laundry rooms adds convenience & value for tenants & guests. 8 Tandem parking spaces, brand new paved parking, all new rock landscaping- for low maintenance.The flexibility here is powerful: short-term rentals, AirBnB, or long-term leasing are all permitted, opening multiple income streams in one of the Gulf Coasts most desirable beach towns.Step outside and enjoy the charm of Indian Rocks Beachaward-winning local restaurants, laid-back coastal vibes, and stunning white-sand beaches are just moments away. Even better, the beach is only a short walk from the property, making this an irresistible location for renters year-round.Whether you're expanding your portfolio or seeking a high-demand coastal investment, this is a rare opportunity to own a fully renovated, income-producing property in one of Florida's most beloved beach communities.Opportunities like this don't come often!

722-724 1st Street | MLS# TB8486443

This multi-family property located at 722-724 1st Street, Indian Rocks Beach, FL 33785 is currently listed for sale with an asking price of $2,195,000. Search Indian Rocks Beach real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $9,491
Year Built: 1974
Square Feet: 4,800

Amenities

Other
Other

Feature Descriptions

Annual Net Income: 130000.00
Days on Site: 1
Directions: Gulf Blvd turn onto 7th Ave or 8th Ave then turn onto 1st St.
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.16
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Property Attached Y/N: No
Property Sub-Type: Triplex
Senior Community: Yes
Sewer: Public Sewer
Showing Instructions: Lock Box Electronic, ShowingTime
Special Sale Provisions: None
Units: 6
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Display Window(s)

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 LIST WITH BEGGINS
Agency Contact: 813-658-2121

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 12,015.75 per month $10,584.62 Principal & Interest $790.92 Property Tax $640.21 Homeowner's Insurance

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