2706 1ST ST
INDIAN ROCKS BEACH, FL 33785

$1,599,990

32 Beds

16 Baths

3,060 Sq Ft

Status Active

MLS# U8241594

ATTN INVESTORS - INDIAN ROCKS BEACH 4 UNIT BUILDING! LESS THAN $400K/unit ---ONLY 2 BLOCKS TO SAND! GREAT INVESTMENT OPPORTUNITY! ALL UNITS are 2 bedrooms, 1 bath, 765 square feet, great floorplan, porches, many new updates! UPDATES: new metal roof 2017, some units feature new hot water heater, new AC, new fridge, dishwasher. See attached list of upgrades & FAQs. Laundry room on-site , new coin operated washer & dryer. Each unit has 2 parking spaces and 2 guest spaces (tandem). POOL sized lot has lots of room on west side of the property for pool, hot tub, gazebo. tiki huts - check with City of IRB for permitting requirements. Highly desirable location, concrete building with 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 others! SHORT TERM RENTALS ALLOWED. ADJACENT southside duplex 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 endless opportunities for waterfront activities, dining, and shopping, making it an ideal location. IRB is golf cart friendly. Many options with this unique property as primary residence, 2nd home getaway with short term rentals (STR) - NO minimum rental in IRB. AIRDNA estimates $247K gross rental as a STR. Embodying quality construction and many updates, new owners will enjoy a worry-free lifestyle! Enjoy a beach community that celebrates the best of Florida living, blending modern comforts with the natural beauty of IRB. Don't let this promising investment opportunity get away! ***DO NOT DISTURB TENANTS***

Details for 2706 1ST ST

$523 / Sq Ft

0 parking spaces

Central, Electric

30 Days on website

0.17 acres lot

Interior

Appliances

Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Bathrooms Total

Bedrooms Total

Flooring

Carpet, Ceramic Tile, Luxury Vinyl, Tile

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments

Laundry Features

Common Area, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Living Area

3,060 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Smoke Detector(s)"]

Window Features

Blinds

Year Built

1973

Exterior And Lot

Exterior Features

Balcony, Courtyard, Garden, Lighting, Private Mailbox, Storage

Lot Features

Conservation Area, Flood Insurance Required, FloodZone, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Private, Paved

Lot Size Acres

0.17

Lot Size Square Feet

7196

Parking Features

Common, Curb Parking, Golf Cart Parking, Ground Level, Guest, On Street, Open, Oversized, Tandem

Patio And Porch Features

["Covered", "Front Porch", "Patio"]

Utilities

Cooling

["Central Air"]

Heating

Central, Electric

Area And Schools

City

INDIAN ROCKS BEACH

Community Features

Dog Park, Fitness Center, Golf Carts OK, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Courts

County Or Parish

Pinellas

Subdivision Name

INDIAN BEACH RE-REVISED

Financial Info

Buyer Agency Compensation^*

2.5%-$395

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$12,926.54

Tax Year

2023