Address
2707 1st STREET, INDIAN ROCKS BEACH, FL
Price
$ 1,499,990
Property Attributes
  • MLS#U8241725
  • TypeIncome
  • CountyPINELLAS
  • CityINDIAN ROCKS BEACH
  • AreaIndian Rocks Bch-Belleair Bch-Indian Shores
  • NeighborhoodIndian Beach Re-Revised
  • Zip33785
  • StyleDuplex
  • Year Built2000
  • Taxes$ 11744
  • Price$ 1,499,990
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2907
  • Lot Size0.17 Acres
Data Source:
Stellar MLS
Property Description

TROPICAL KEY WEST STYLE DUPLEX - INDIAN ROCKS BEACH! ONLY 2 BLOCKS TO THE BEACH! UNIQUE OPPORTUNITY to live in a stunning home with an spacious extra apt/ mother-in-law home. Lovingly built and occupied by IRB's past Mayor, this beautiful main house (apt 1/east side) is 3 bedrooms + enclosed office, 2.5 bathrooms, 1 car garage and 1 under bldg parking. Stunning great room with high vaulted ceiling, custom Mexican Saltillo tile floors, built-in shelving and loads of 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. ***SELLER FINANCING OPTIONS*** Apt Home #2 (west side) is generous 2 bedrooms, 2 bathrooms, about 940 sq ft, 1 car garage with storage, 3 covered parking spaces. Featuring a great room plan plus a private porch overlooking the garden. UPDATES: new metal roof 2017, some units feature newer hot water heater, new AC, new fridge, dishwasher. BOTH homes have private covered porches, inside washer/dryer full size and extra guest parking outside, inside laundry closets with full size washer dryer in each unit. See attached list of upgrades & FAQs. WEST side of property has room for pool, hot tub, gazebo. tiki huts - check with City of IRB for permitting requirements. 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 less than 1 block away! 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***

Price History
5/6/2024 Listed $1,499,990

General Features

Interior Features Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Solid Wood Cabinets,Split Bedroom
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities BB/HS Internet Available,Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water Connected
Roof Metal
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Ice Maker,Microwave,Range,Refrigerator,Washer
Exterior Features Balcony,French Doors,Garden,Lighting,Private Mailbox,Rain Barrel/Cistern(s),Rain Gutters,Storage
Garage Spaces 2
Patio/Porch Features Covered,Front Porch,Rear Porch,Side Porch
Security Features Secured Garage/Parking,Smoke Detector(s)
Construction Materials Other,Vinyl Siding,Wood Frame
Pets Allowed Yes
Year Built 2000
Tenant Pays Electricity,Sewer,Trash Collection,Water
View Garden,Trees/Woods
Levels Multi/Split
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 54000
Waterfront Features Gulf/Ocean Front
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 OK,Park,Playground,Pool,Restaurant,Sidewalks
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name INDIAN BEACH RE-REVISED
Garage Y/N Yes
Status Active
Directions From GULF BLVD and 27th Ave,go EAST on 27th Ave to 1st St.,Go North on 1st Street to property ***LOCATED ON EAST SIDE OF 1st Street***
ModificationTimestamp 2024-06-18T13:13:36.140Z
City INDIAN ROCKS BEACH
Buyer Agent Compensation 2.5%-$395
Disclosures Other,Seller Property Disclosure
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 2
MLS Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Lot Size Units Square Feet
Lot Size Square Feet 7196
Waterfront Y/N No
Carport Spaces 4
Carport Y/N Yes
Land Lease Y/N No
Tax Annual Amount 11744.06
Ok to Lease >6 Months
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8241725
Days on Market 43
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 10
Total Actual Rent 4500
Legal Description INDIAN BEACH RE-REVISED BLK 2,LOT 10
Water Access Type Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
Minimum Lease 1-7 Days
Water Access Y/N Yes
Additional Rooms Attic,Den/Library/Office,Great Room,Inside Utility,Interior In-Law Suite w/Private Entry,Storage Rooms
Water View Y/N No
Flood Zone Code AE

Interior Features

Flooring Carpet,Ceramic Tile,Luxury Vinyl,Other
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N No
Laundry Features Electric Dryer Hookup,Inside,Laundry Closet,Upper Level,Washer Hookup
Total Bedrooms 6
LivingAreaSource Appraiser
Total Baths 5

Exterior Features

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
Lot Features Conservation Area,Flood Insurance Required,FloodZone,City Lot,In County
Water Source Public
Lot Size Area 7196
Foundation Details Other,Stilt/On Piling
Number of Buildings 1
Lot Dimensions 60 x 120
Lot Size Acres 0.17
Road Surface Type Asphalt,Other
Covered Spaces 6
Number of Separate Water Meters 2
Number of Separate Electric Meters 2
Road Responsibility Public Maintained Road
Open Parking Y/N Yes

Amenities

  • 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

Price
AVG $2.36M
$1.5M
Taxes
AVG $12,504
$11,744
Visits
AVG 1094
751
Data Provided by Inside Real Estate®
Year Built
AVG 1988
2000