2707 1ST STREET INDIAN ROCKS BEACH FL 33785 MLS #U8243175

2707 1ST STREET
INDIAN ROCKS BEACH, FL, 33785
$1,499,990
6 Beds
4.5 Baths
2,907 SqFt
0.17 Acres
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TROPICAL KEY WEST STYLE HOME WITH SPACIOUS MOTHER IN LAW APT- INDIAN ROCKS BEACH! ONLY 2 BLOCKS TO THE BEACH! UNIQUE OPPORTUNITY to live in a breathtaking home with an extra apt/mother-in-law home. Lovingly built and occupied by IRB’s past Mayor, the main house (#1/east side) is almost 2000 sq ft with 3 bedrooms + enclosed office, 2.5 bathrooms, 3 car garage and 4 under bldg parking. Stunning great room with high vaulted ceiling, custom Mexican Saltillo style tile floors, built-in shelving and lots of large windows, French doors accessing private wrap around porch. Private office/den located right off Great room with light & bright atmosphere with more windows and French pocket doors opening to the Great room. Apt Home #2 (west side) is generous 2 bedrooms, 2 bathrooms about 900 sq ft. Featuring a great room plan plus a private porch overlooking the tropical garden. UPDATES: new metal roof 2017, some feature newer hot water heater, new AC, new fridge, dishwasher. GARAGE / STORAGE / WORKSHOP AREA is almost 2000 sq ft. About 800 sq ft of covered porches. BOTH homes have central heat & air, private covered porches, extra guest parking outside, inside laundry closets with full size washer dryer in each side. See attached list of upgrades & FAQs. WEST side of property has room for pool, hot tub, gazebo/tiki hut – check with City of IRB for permitting requirements. ***SELLER FINANCING OPTIONS***Highly desirable location, newer construction, elevated building, over 20 years steady rental income! Currently rented to long term, very nice tenants at below market rent due to being listed for sale. Live in one and rent out other! SHORT TERM RENTALS ALLOWED. ADJACENT south quadplex property for sale as well. Great chance to have a fantastic vacation resort! Or knock down and build new. Unlimited opportunities and income for the right beach loving owner! Located within walking distance to local restaurants, attractions including the IRB Nature Preserve, many parks with tennis/pickleball, basketball, baseball field, skateboard park, playground. EASY, convenient access to the beautiful Gulf beaches via 27th Ave beach access, perfectly situated for both leisure and ease of commuting. BRING YOUR BOAT – community boat ramp! The beach community offers waterfront activities, dining, and shopping, making it an ideal location. IRB is golf cart friendly. Many options with this unique property as primary residence with mother in law apt, 2nd home getaway with short term rentals (STR) – NO minimum rental in IRB. AIRDNA estimates $240K gross rental as a STR. Well maintained, new owners will enjoy a worry-free lifestyle! VERY unique building design and opportunity! ***DO NOT DISTURB TENANTS***

Property Details

Price:
$1,499,990
MLS #:
U8243175
Status:
Active
Beds:
6
Baths:
4.5
Address:
2707 1ST STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
INDIAN BEACH RE-REVISED
City:
INDIAN ROCKS BEACH
Listed Date:
May 17, 2024
State:
FL
Finished Sq Ft:
2,907
ZIP:
33785
Lot Size:
7,196 sqft / 0.17 acres (approx)
Year Built:
2000
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Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Luxury Vinyl, Other
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, Inside, Laundry Closet, Upper Level, Washer Hookup

Exterior

Architectural Style
Florida, Key West
Community Features
Boat Slip, Community Boat Ramp, Dock, Fishing, Gulf/ Ocean Front, Intracoastal Waterway, Marina, Public Boat Ramp, Water Access, Dog Park, Fitness Center, Golf Carts O K, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
Construction Materials
Other, Vinyl Siding, Wood Frame
Exterior Features
Balcony, French Doors, Garden, Lighting, Private Mailbox, Rain Barrel/ Cistern(s), Rain Gutters, Storage
Other Structures
Workshop
Parking Features
Boat, Covered, Curb Parking, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Off Street, On Street, Parking Pad, Under Building, Workshop in Garage
Roof
Metal

Financial

Buyer Agent Compensation
2.5%-$395%
Tax Year
2023
Taxes
$11,744

Map

Community

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2707 1ST STREET
INDIAN ROCKS BEACH, FL