1214 BAY PINE BOULEVARD INDIAN ROCKS BEACH FL 33785 MLS #U8233782

1214 BAY PINE BOULEVARD
INDIAN ROCKS BEACH, FL, 33785
$1,150,000
5 Beds
3 Baths
1,480 SqFt
0.16 Acres
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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.

Property Details

Price:
$1,150,000
MLS #:
U8233782
Status:
Active
Beds:
5
Baths:
3
Address:
1214 BAY PINE BOULEVARD
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
INDIAN BEACH RE-REVISED 1ST ADD
City:
INDIAN ROCKS BEACH
Listed Date:
Mar 7, 2024
State:
FL
Finished Sq Ft:
1,480
ZIP:
33785
Lot Size:
6,782 sqft / 0.16 acres (approx)
Year Built:
1947
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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Mini- Split Unit(s)
Flooring
Vinyl
Heating
Central, Electric
Laundry Features
Laundry Room

Exterior

Community Features
Golf Carts O K, Park, Playground, Restaurant, Tennis Court(s)
Construction Materials
Block, Concrete, Stucco
Exterior Features
Awning(s), Courtyard, Dog Run, Garden, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Storage
Other Structures
Shed(s)
Parking Features
Boat, Guest, Off Street, On Street, R V Parking
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%-295%
Tax Year
2022
Taxes
$6,890

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Community

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1214 BAY PINE BOULEVARD
INDIAN ROCKS BEACH, FL