Seller Financing
Address
1011 GULF BOULEVARD Indian Rocks Beach, FL
Price
$ 1,499,900
Property Attributes
  • MLS#U8095462
  • TypeIncome
  • CountyPINELLAS
  • CityIndian Rocks Beach
  • AreaIndian Rocks Bch-Belleair Bch-Indian Shores
  • NeighborhoodIndian Beach Revised
  • Zip33785
  • StyleMulti-Family
  • Year Built1959
  • Taxes9403
  • Price$ 1,499,900
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage2419
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
COLDWELL BANKER SUN VISTA
Data Source:
Stellar MLS
Property Description

Indian Rocks Beach Fl. Nicely updated Key West style 6 unit apartment building on Gulf Blvd. Beach access right across the street. The ' Sun and Sand ' Building consists of Two Studios Apts ( #1 #2) plus Three - One Bedroom Apts ( # 3, #4, #5) and One Larger Owners Unit (#6 ) which is a larger one Bedroom with an additional Room / Office.. All Units rented including #6. Just completed Updating which consisted of Roof, Electrical Panel, One Meter with all new Elec panels in each unit. New A/C Wall Units, Laundry Room, Outdoor Lighting, All New Patio Pavers, Sod, Fencing, Sprinkler System, Ext Painting & Security Cameras.. Large corner property (over 114 ft. on Gulf Blvd.) Commercial Zoning allows hotel/motel, retail, office use or condo conversion if desired. No realtor sign (look for Sun & Sand sign). Note: Owners Unit #6 updated & Furnished. Please do not disturb Tenants or walk the property. Ample On-Site Parking . We can answer any questions. Come to Florida and enjoy life again. Call for Survey. More photos coming.. Apts are rented on a monthly basis.. $88,000 GYI with $25,000 Expenses. Owner pays all expenses .. NOTE: Weekly rentals would greatly enhance Income. Nice opportunity here for a 1031 Exchange.. Owner Financing ?? Want to semi - retire .. Purchase this Property. $1.45.. Install a Pool $65,000 - Live in Apt 6 and rent out the 5 other Units on a nightly basis.. Income would be 5 rooms x $155 a Night x 70% occupancy which is 255 days out of the year.. Calculation 5 X $155 X 255 = $197,625 Yearly Gross Income.. Not a bad Life... Rent all 6 Units YGI = 6 X 155 X 255= $237,150.00.. Cash in that stock.. Have a nice 10 year run . Double your initial Investment & move on.. Get out of the City and move to Florida.. Call for details .. Have a Family member participate.. Location, Location, Location.

Price History
8/24/2020 Listed $1,250,000

General Features

Additional Water Information Beach Access right across the street.
Appliances Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Association Amenities Shuffleboard Court
Construction Materials Block, Stucco
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Exterior Features Awning(s), Irrigation System, Lighting, Other, Outdoor Grill, Sidewalk
Flooring Ceramic Tile
HOA Fee 0.00
Heating Electric
Interior Features Ceiling Fans(s), Walk-In Closet(s)
Levels One
MLS Area 33785- Indian Rocks Bch/Belleair Bch/Indian Shores
Parking Features Common, Guest, Off Street, On Street
Patio/Porch Features Deck, Patio, Porch
Property Description Corner Unit
Property SubType Multi-Family
Property Type Residential Income
Roof Built-Up
Security Features Smoke Detector(s)
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name INDIAN BEACH REVISED
Terms Cash, Conventional, Private Financing Available
Total Num Buildings 1
Total Units 6
Township 30
Utilities Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Sewer Connected, Water Connected
Year Built 1959
Zoning RM2

Interior Features

Furnished Y/N Partially
Laundry Features Laundry Room
Living Area 2419.00
Unit Count 3

Exterior Features

Building Area Total 2419.00
Foundation Details Slab
Lot Dimensions 68X114
Lot Features Corner Lot, In City Limits, Sidewalk, Street Paved
Lot Size Acres 0.18
Lot Size Square Feet 7752

Amenities

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

Property vs Zip Code Average in 33785

Price
AVG $1.28M
$1.5M
Taxes
AVG $7,611
$9,403
Visits
AVG 396
650
Year Built
AVG 1959
1959
Walkscore
AVG 56
56
Data Provided by Walkscore ® not using MLS data

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