42 Gulf Boulevard E, Indian Rocks Beach, Florida 33785 (MLS# U8183618)
Residential Income listing in Pinellas County
Listing IDU8183618
Sold For$1,600,000
StatusClosed
Sold Date5/15/2023
Bedrooms4
Total Baths3
SqFt
1,550
Acres
0.570
CountyPinellas
SubdivisionBeachcomber Condo Motel Condo
Year Built1970
Property TypeResidential Income
Property Sub TypeTriplex
Incredible opportunity to own 3 short term rental units steps to the beach on Indian Rocks Beach. This triplex offers 3 units in one building: the first floor consists of two 1 bedroom, 1 bath units just 15 steps to the beach and the second floor offers one 2 bedroom, 1 bath unit with beach views. All units are bright and freshly remodeled with a coastal modern design and each offers an outdoor patio. Take advantage of an established rental history with room for rate increases. Renters or owners will love the close proximity to popular dining and entertainment options. Enjoy seafood, pizza, ice cream, fine dining, mini golf and a waterpark within minutes. This beach front community offers a common courtyard, assigned parking with extra guest parking and private dock for fishing on the intracoastal. These units are part of a small condo association with only two other buildings.
County
Pinellas
Price Before Reduction
1749900
Price Reduction Date
2023-01-10T15:48:53+00:00
Property Sub Type
Triplex
Property Type
Residential Income
Subdivision
Beachcomber Condo Motel Condo
Year Built
1970
Zoning
0436
Building Area Units
Square Feet
Cooling Type
Central Air, Wall/Window Unit(s)
Fireplace
no
Furnished
Turnkey
Heating Type
Central
Interior Features
Open Floorplan
Living Area Meters
144.00
Living Area Source
Public Records
Living Area Units
Square Feet
Spa
no
Carport
no
Construction Materials
Block, Vinyl Siding
Exterior Features
Outdoor Shower, Rain Gutters, Sliding Doors, Storage
Foundation Details
Slab
Garage
no
Lot Size SqFt
24928
Lot Size Square Meters
2316
Number Of Units Total
3
Parking Features
Assigned
Pool Private
no
Property Description
Corner Unit, End Unit
Road Surface Type
Asphalt
Roof
Shingle
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Total Number of Buildings
3
Unit Count
3
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
View Type
Water
Water Access
yes
Water Access Type
Gulf/Ocean, Intracoastal Waterway
Water Extras
yes
Water Extras Type
Dock - Wood
Water Frontage Feet Gulf Ocean
200
Water Source
Public
Water View
yes
Water View Type
Gulf/Ocean - Full, Intracoastal Waterway
Waterfront
yes
Waterfront Features
Gulf/Ocean
Waterfront Feet Total
200
Association
yes
Association Approval Required
no
Building Area Source
Public Records
Building Area Total
1550
Community Development District
no
Country
US
Flood Zone Code
VE
MLS Area Major
33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Township
30
Additional Lease Restrictions
Confirm Leasing restrictions with association. IRB has no city restrictions on minimum lease periods.
Annual Net Income
178000.00
Association Fee Requirement
None
Available For Lease
yes
Condo Fees
546
Condo Fees Term
Monthly
Current Price
1600000.00
Gross Income
231000
Listing Terms
Cash, Conventional
Minimum Lease
No Minimum
Monthly Condo Fee Amount
546
Ownership
Fee Simple
Special Listing Conditions
None
Tax Annual Amount
10450
Tax Book Number
35-108
Tax Lot
0050
Tax Year
2022
Total Annual Fees
6552.00
Total Monthly Fees
546.00
Listed by: Engel & Volkers Madeira Beach 727-394-7365.
Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Wednesday, March 27th, 2024 at 09:41:29 PM.
Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Wednesday, March 27th, 2024 at 09:41:29 PM.
Similar Listings
Request More Information - Listing ID U8183618
Data services provided by IDX Broker