Seller Financing
Address
1011 GULF BOULEVARD Indian Rocks Beach, FL
Price
$ 1,499,900
Property Attributes
- MLS#U8095981
- TypeSingle Family
- CountyPINELLAS
- CityIndian Rocks Beach
- AreaIndian Rocks Bch-Belleair Bch-Indian Shores
- NeighborhoodIndian Beach Revised
- Zip33785
- StyleMulti-Family
- Year Built1959
- Taxes9403
- Price$ 1,499,900
- Bedrooms0
- Full Bathrooms0
- 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 Gross , $25,000 Expenses all in.... NOTE: Weekly rentals would greatly enhance Income. Nice opportunity here for a 1031 Exchange.. Owner Financing ?? ... Want to Semi - Retire. Purchase this Property. $1.49.. 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 would be 6 X 155 X 255 = $237,150.. Cash in that stock.. Have a nice 10 year run . Double your Investment & move on.. Get out of the City and move to Florida.. Call for details .. Have a Family member participate.. Location, Location, location. Also reference MLS# U8114548
| Price History | |
|---|---|
| 8/27/2020 | Listed $1,250,000 |
General Features
| Additional Water Information | Beach Access right across the street. |
|---|---|
| Appliances | Dryer, Microwave, Refrigerator, Washer |
| Business Type | Hotel/Motel, Other |
| Ceiling Height | 8 to 9 Feet |
| Community Features | Beach Area |
| Construction Materials | Block, Stucco |
| Cooling | Mini-Split Unit(s), Wall/Window Unit(s) |
| Electric | 200+ Amp Service, Other |
| Flooring | Ceramic Tile |
| Heating | Electric, Wall Units / Window Unit |
| Levels | One |
| MLS Area | 33785- Indian Rocks Bch/Belleair Bch/Indian Shores |
| Parking Features | 6 to 12 Spaces, Common |
| Pets Allowed | No |
| Property SubType | Multi-Family |
| Property Type | Commercial Sale |
| Roof | Built-Up |
| Security Features | Closed Circuit Camera(s), Smoke Detector(s) |
| Sewer | Public Sewer |
| Special Listing Conditions | None |
| Status | Active |
| Subdivision Name | INDIAN BEACH REVISED |
| Terms | Cash, Other, Private Financing Available |
| Total Num Buildings | 1 |
| Total Units | 6 |
| Township | 30 |
| Utilities | BB/HS Internet Capable, Electricity Available, Water Connected |
| Year Built | 1959 |
| Zoning | RM2 |
Interior Features
| Ceiling Type | Drywall |
|---|---|
| Living Area | 2419.00 |
| Numof Restrooms | 6 |
Exterior Features
| Building Area Total | 2419.00 |
|---|---|
| Foundation Details | Slab |
| Lot Dimensions | 68X114 |
| Lot Features | Corner Lot, Curb and Gutters, In City Limits, Sidewalk, Street Paved |
| Lot Size Acres | 0.18 |
| Lot Size Square Feet | 7752 |
| Road Frontage Type | City Street |
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
Taxes
Visits
Year Built
Walkscore
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