2308 bay boulevard

INDIAN ROCKS BEACH, FL 33785

10 BEDS 5-Full BATHS
0.2 AC LOT
Residential - Condo
Image 1
Bedrooms 10
Total Baths 5
Full Baths 5
Acreage 0.21
Status Off Market
MLS # U8217259
County Pinellas
More Info
Category Residential - Condo
Status Off Market
Acreage 0.21
MLS # U8217259
County Pinellas
**** 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.

Exterior Features

  • Construction Condo - Hotel
  • Siding Block, Stucco
  • Roof Shingle
  • Garage No
  • Garage Description Open
  • Water Public
  • Sewer Public Sewer
  • Lot Dimensions 60x156
  • Lot Description Corner Lot, Flood Insurance Required, Landscaped

Interior Features

  • Appliances Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Heating Central, Electric
  • Cooling Central Air
  • Basement Slab
  • Year Built 1972

Neighborhood & Schools

  • Subdivision INDIAN BEACH RE-REVISED 16TH ADD

Financial Information

  • Parcel ID 06-30-15-42318-000-0170

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.