711 E Gulf Boulevard, Indian Rocks Beach, FL 33785

$2,200,000
2,613
SqFt
List Price
$2,200,000
Status
Active
Days on Market
94
Price Change
▼ $100,000 1666381520
MLS#
O6057394
Property Style
Quadruplex
Year Built
1960
Living Area
2,613
Lot Size
5,606
Acres
0.13
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bahia Vista Sub
MLS Area Major
Indian Rocks Bch/Belleair Bch/Indian Shores

Property Description

BRING ALL OFFERS! SELLER IS MOTIVATED TO SELL! The only waterfront 4plex in all of IndianRocks Beach priced to sell at a 6.5% cap rate. Buy now before the season gets here! 2023 bookings already in place averaging 4-5k a month per unit. All bookings and superhost status will transfer! Investors dream as this property can be managed fully remote from anywhere in the world. Rent it daily, weekly, monthly, or annually as IndianRocks Beach has no rental restrictions on short terms rentals. Save 20%! No property manager required. Everything is set up for full automation. All software and programs will convey. Seller will stay on 2 additional weeks to train buyer. Over 200k in rehab. The entire property has been fully renovated inside and out. All new hurricane windows, new paint, awnings, pavers, landscaping, and fencing. Interiors of all 4 units are brand new, kitchens, appliances, bathrooms, flooring, moldings and paint. All new energy-efficient smart-enabled mini split AC units in the living room and bedroom of each unit keep the place cold and the electric bill down. Separately metered for water and electric for added flexibility and rent options. New hurricane-rated custom french doors give guests amazing views of the water. Brand new dock with heat and weather resistant Trex and enough space for 3 boats for added income. All new front doors equipped with Yale smart locks so guests are automatically sent their own unique code upon booking. Security system with app monitoring access. EVERYTHING is new! This is truly a turnkey investment. Start making money from day 1 with a proven asset in the most highly sought-after area on the Gulf Coast with NO RENTAL RESTRICTIONS! Seller makes no guarantees. Buyer to verify all information as accurate.

Additional Information

Taxes
$9366
Annual Gross Income
180000
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s), Open Floorplan
Interior Features
Ceiling Fans(s), Open Floorplan
Floor
Vinyl
Appliances
Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Phone Available, Water Connected
Heating
Electric
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Concrete
Exterior Features
Fence, French Doors, Hurricane Shutters, Lighting, Sidewalk, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Off Street
Water View
Gulf/Ocean to Bay
Water Access
Beach - Public, Gulf/Ocean to Bay
Pets
Allowed
Flood Zone Code
AE
Parcel ID
12-30-14-02394-000-0710
Legal Description
BAHIA VISTA SUB LOT 71

Mortgage Calculator

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Listing courtesy of BEYCOME OF FLORIDA LLC.

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