$1,600,000
$1,699,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
4,096 SqFt
SOLD DATE : 07/03/2024
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $390
Subdivision Indian Beach Re-Revised
MLS Listing ID U8197187
Sold Date 07/03/24
Bedrooms 2
Full Baths 2
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1954
Annual Tax Amount $11,788
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x120
Property Description
Dreams do come true! Imagine the possibilities... Indian Rocks Beach multi-use investment property for sale. This 4,872 square foot building is located across the street from the Gulf of Mexico. The residential unit is a spacious short term rental with garages. In front there is an 1,800 square foot restaurant space. In addition to the two existing revenue streams, the owner has secured zoning entitlements for future expansion opportunity (two apartments). Utility infrastructure for separately metered utilities, is already in place. Don't miss your chance in acquiring an asset that has a pro-forma double digit cap rate.. Contact advisor for details.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised
Zoning RES
Rooms
Other Rooms Attic, Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms
Interior
Interior Features Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Disposal, Range, Refrigerator
Exterior
Exterior Feature Awning(s), Balcony, Garden, Lighting, Private Mailbox, Sliding Doors, Storage
Parking Features Garage Door Opener, Golf Cart Parking, Ground Level, On Street
Garage Spaces 2.0
Fence Other, Wood
Community Features Golf Carts OK, Park, Playground, Sidewalks, Tennis Courts
Utilities Available Electricity Connected, Sewer Connected, Street Lights, Water Connected
Roof Type Built-Up
Porch Deck, Patio, Porch
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot, FloodZone, City Limits, Near Golf Course, Near Marina, Sidewalk
Story 2
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Florida, Patio Home, Traditional
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status No Contingency
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
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Bought with BRIDGEWATER COMMERCIAL RE
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