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    2704 2ND Street

    Indian Rocks Beach, FL 33785
    • $3,500,000
    • STATUS: Active
    • ON SITE: 66 days
    • MLS #: U8098459
    Price Reduced
    UPDATED: 59 min ago
    $3,500,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,708
      SQFT
    • $361
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    RARE OPPORTUNITY TO INVEST IN A 16 UNIT CONDO BUILDING NEAR PUBLIC BEACH ACCESS! This block construction building is an INSTANT INCOME GENERATOR with even more potential. Nightly, Seasonal rentals and annual established tenants present. This wonderful property presents (16) 1 bedroom, 1 bath units each offering full kitchens w/ stainless steel appliances, living/dining areas upgraded A/C, Hot water heater, and windows has been completed. Onsite laundry has scrub sink, 2 NEWER Stackable Washer/ Dryers w/ Credit Card Payment, No Coin Pickup with space available for additional Washer/Dryer Unit. Also, ample on-site paved parking, and a private patio courtyard for tenants to enjoy. Current rents average $1300-$1350 month to month or annually, $120/$140 nightly or $3,0000/$4,000 seasonally. These desirable units are steps to the beach. Just a short walk or bike ride to the pristine white sands of Indian Rocks Beach and the waves of the Gulf of Mexico. Across the street is Brown Park to keep the kids busy w/ a playground, basketball and tennis courts. Enjoy the many nearby restaurants.. life at the beach is simply the best! Do not let this unique and profitable property drift away, call today!!

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2020-11-24T22:39:53.107.
    www.memoryhopkinsrealestate.com/homes/110179100
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    2704 2ND Street Indian Rocks Beach, FL 33785

    • Price: $3,500,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: U8098459
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    9,708
    SQFT
    $361
    $/SQFT
    1972
    Built
    Neighborhood:
    Indian Oaks Condominium
    County:
    Pinellas
    Area:
    Indian Rocks Beach/Belleair Beach/Indian Shores
    Property Description
    RARE OPPORTUNITY TO INVEST IN A 16 UNIT CONDO BUILDING NEAR PUBLIC BEACH ACCESS! This block construction building is an INSTANT INCOME GENERATOR with even more potential. Nightly, Seasonal rentals and annual established tenants present. This wonderful property presents (16) 1 bedroom, 1 bath units each offering full kitchens w/ stainless steel appliances, living/dining areas upgraded A/C, Hot water heater, and windows has been completed. Onsite laundry has scrub sink, 2 NEWER Stackable Washer/ Dryers w/ Credit Card Payment, No Coin Pickup with space available for additional Washer/Dryer Unit. Also, ample on-site paved parking, and a private patio courtyard for tenants to enjoy. Current rents average $1300-$1350 month to month or annually, $120/$140 nightly or $3,0000/$4,000 seasonally. These desirable units are steps to the beach. Just a short walk or bike ride to the pristine white sands of Indian Rocks Beach and the waves of the Gulf of Mexico. Across the street is Brown Park to keep the kids busy w/ a playground, basketball and tennis courts. Enjoy the many nearby restaurants.. life at the beach is simply the best! Do not let this unique and profitable property drift away, call today!!
    Exterior Features

    Carport Yn No Construction Materials BlockStucco Exterior Features Awning(S)BalconyDog RunSidewalk Foundation Details Slab Parking Features CommonGuest Pool Private Yn No Roof MembraneShingle Water Access Beach - PublicGulf/Ocean To Bay Water Access Yn Yes Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances DishwasherDisposalElectric Water HeaterRangeRefrigerator Cooling Central Air Fireplace Yn No Flooring Ceramic Tile Heating Central Interior Features Ceiling Fans(S)Solid Surface CountersThermostatWindow Treatments Laundry Features Laundry Room Levels Two Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Expenses 35793 Annual Net Income 264207.00 Association Amenities LaundryMaintenance Association Fee 239.00 Association Fee Frequency Monthly Association Fee Monthly Amount 239.00 Association Fee Requirement Required Association Yn Yes Available For Lease Yn Yes Cdd Yn No DPR No Flood Zone Code Ae Garage Yn No Homestead Yn No Listing Terms CashConventionalFha New Construction Yn No Num Of Own Years Prior To Lse 0 Pets Allowed Yes Property Sub Type Multi-Family Realtor Info Short Term Rental AllowedSold As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 17663.67 Tax Year 2019 Total Num Buildings 1 Utilities Bb/Hs Internet AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Venie Brinson Real Estate Inc.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2020-11-24T22:39:53.107.
     
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    St. Augustine FL, 32084