$ 4,900,000
Property Attributes
  • MLS#U8226179
  • TypeIncome
  • CountyPINELLAS
  • AreaIndian Rocks Bch-Belleair Bch-Indian Shores
  • NeighborhoodIndian Beach Re-Revised
  • Zip33785
  • StyleMulti Family
  • Year Built2024
  • Taxes$ 11030
  • Price$ 4,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7780
  • Lot Size0.23 Acres
Data Source:
Stellar MLS
Property Description

Pre-Construction. To be built. Magnolia Condominium Project: A Prime Investment Opportunity Discover the Magnolia Condominium Project, an exclusive investment prospect, strategically situated on the West side of Gulf Blvd in charming Indian Rocks Beach, FL. Investment Highlights: Turnkey Investment: This project offers a turnkey solution for investors. It includes the land, drawings, and a permit-ready project. Experienced Builder: A reputable commercial condo builder has already submitted a bid for the project. Ready-Made Deal: This is not just a property; it's a fully prepared investment opportunity, offering the potential for rapid returns. Property Features: Prime Location: Located on Gulf Blvd, this project enjoys a prime beachfront location, providing residents with direct access to the stunning Indian Rocks Beach. Modern Design: The development features a modern coastal design. Convenience: On-site parking facilities, a swimming pool, and an elevator add convenience to the property. Unit Offerings: Unit 201: 3 bedrooms, 2 bathrooms, 1,489 sq. ft., 3 balconies Unit 202: 3 bedrooms, 2 bathrooms, 1,273 sq. ft., 3 balconies Unit 301: 3 bedrooms, 2 bathrooms, 1,489 sq. ft., 3 balconies Unit 302: 3 bedrooms, 2 bathrooms, 1,273 sq. ft., 3 balconies Unit 401: 3 bedrooms, 2 bathrooms, 1,229 sq. ft., 93 sq. feet of balconies Unit 402: 2 bedrooms, 2 bathrooms, 1,027 sq. ft., 79 sq. feet of balconies Investor's Paradise: The Magnolia Condominium Project is tailored to meet the needs of investors looking for a hassle-free investment. With all the necessary components in place, including a local builder's bid, this is a ready-made deal with the potential for significant returns. Strategic Location: Nestled on Gulf Blvd in Indian Rocks Beach, this project offers more than just beachfront luxury. It's strategically positioned in a region where Florida's economic growth and real estate market continue to thrive. Florida's robust economy and sustained real estate growth make this investment opportunity even more compelling.

Price History
1/9/2024 Listed $4,900,000

General Features

Interior Features Elevator,Solid Surface Counters,Solid Wood Cabinets
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Street Lights,Water Available
Roof Built-Up
Exterior Features Fenced,Sliding Doors
Pool Features Heated
Security Features Key Card Entry
Construction Materials Block,Concrete
Year Built 2024
Property SubType Multi Family
Tax Year 2022
Percent Ownership Fee Simple
County Pinellas
New Construction Yes
Property Type Residential Income
HOA / Comm Assn No
Garage Y/N No
Status Active
Directions From Walsingham Causeway head north on Gulf Blvd,the property is on the west side of Gulf Blvd
Buyer Agent Compensation 2.5%
Senior Community Y/N No
Total Units 6
MLS Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Lot Size Square Feet 9962
Private Pool Yes
Waterfront Y/N No
Carport Spaces 13
Carport Y/N Yes
Street Name Gulf
Tax Annual Amount 11030.16
Property Condition Pre-Construction
Public Remarks Pre-Construction. To be built. Magnolia Condominium Project: A Prime Investment Opportunity Discover the Magnolia Condominium Project,an exclusive investment prospect,strategically situated on the
Virtual Tour
Days on Market 10
Standard Status Active
Tax Lot 9
Legal Description INDIAN BEACH RE-REVISED BLK 47,LOTS 9 & 10 LESS W 32FT & LESS E 10FT FOR RD R/W O.R 6671/35
Water View Gulf/Ocean - Partial
Water Access Y/N No
Water View Y/N Yes

Interior Features

Flooring Ceramic Tile,Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix BOULEVARD
Laundry Features Inside,Laundry Room
LivingAreaSource Builder
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 9962
Foundation Details Block,Pillar/Post/Pier,Slab,Stem Wall,Stilt/On Piling
Number of Buildings 1
Building Area Total 10400
Lot Dimensions 120 x 89
Lot Size Acres 0.23
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 13


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33785

AVG $1.92M
AVG $11,160
AVG 1064
Data Provided by Inside Real Estate®
Year Built
AVG 1983