2308 BAY BOULEVARD, Indian Rocks Beach, FL 33785

  • $2,100,000
  • $2,300,000
2308 BAY BOULEVARD, Indian Rocks Beach, FL 33785
Active
2308 BAY BOULEVARD, Indian Rocks Beach, FL 33785
2308 BAY BOULEVARD, Indian Rocks Beach, FL 33785
  • $2,100,000
  • $2,300,000

Overview

Property ID: HZU8216586
  • Multi-Family, Commercial Sale
  • Property Type
  • 4186
  • Square Feet
  • 1972
  • Year Built

Description

**** INDIAN ROCKS BEACH INVESTMENT PROPERTY **** A unique opportunity to own a turnkey investment property in this quiet location. Nestled between the Gulf & Intracoastal. Beach access, a short 2-minute walk at the end of 24th Ave N, and a small park on deep-water Intracoastal across the street. The current owner has owned and meticulously maintained the property for over 20 years. No Rental Minimum and NO HOA! The property consists of 5 separate – 2 bed / 1 bath units all updated and maintained. Each unit has a private patio and Washer/Dryer hookup/storage area. **Live in one unit and rent out the rest or use a local management company and have a hands-free Seasonal/VRBO/Airbnb income rental** THE WINDOWS ARE HURRICANE IMPACT!! Non-smoking building, inside and out. The Kitchen appliances include: Refrigerator, Range, Dishwasher, and built-in Microwave. THIS PROPERTY HAS 3 PARKING SPACES PER UNIT!! The only property of its size for Indian Rocks Beach (IRB) with this amount of parking. Block construction, Block walls between each unit, and firewalls between apartments in the attic. Each unit is metered separately for Electric, Water/Sewer. The building shows pride of ownership. **Currently Tenant Occupied and Annual Lease to 2024 – $96,062K. An increase in revenue is easily attainable as current rents are below market value. Perfect setup to convert to Airbnb. Comparable Short-Term Rentals in Indian Rocks Beach $200-$250k in gross income. Buyer to verify comparable income. **PLEASE DO NOT DISTURB TENANTS! ** Schedule a Private Showing today.

  • Address 2308 BAY BOULEVARD
  • City Indian Rocks Beach
  • State/county FL
  • Zip/Postal Code 33785
  • Country US

Details

Updated on January 4, 2024 at 1:56 am
  • Property ID: HZU8216586
  • Price: $2,100,000
  • Property Size: 4186 Square Feet
  • Land Area: 0.21 Acres
  • Garage Size: x x
  • Year Built: 1972
  • Property Type: Multi-Family, Commercial Sale
  • Property Status: Active

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