1011 Gulf BoulevardIndian Rocks Beach, FL 33785MLS Number U8095981

  • Price: $1,299,000
  • 149 Days on Market
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
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1011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 337851011 Gulf Boulevard Indian Rocks Beach FL 33785
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  • 2,419Square Feet
  • 0.18Acreage
  • 1959Year Built
  • ActiveMls Status
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. $1.29.. 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... 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.
Listed by Roger Hogan of COLDWELL BANKER SUN VISTA

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road FrontageCity Street

Parking

  • Parking Features 6 to 12 Spaces, Common

Location

  • Address1011 Gulf Boulevard
  • AreaIndian Rocks Bch/Belleair Bch/Indian Shores
  • Building Number1011
  • CountyPinellas
  • Directions Gulf blvd to indian rocks beach to address... Do not park on property.
  • Leasable Area 2419
  • StateFL
  • StreetGulf
  • SubdivisionIndian Beach Revised
  • TownIndian Rocks Beach
  • Township 30
  • Zip33785

Amenities

  • Appliances IncludedDryer, Microwave, Refrigerator, Washer
  • Community Features Beach Area
  • PetsNo
  • UsmAmenitiesPool

Basic Information

  • List Price$1,299,000
  • MLS NumberU8095981
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Levels One
  • MFR Ceiling Height 8 to 9 Feet
  • MFR Ceiling Type Drywall
  • MFR Numof Restrooms 6
  • RoofBuilt-Up
  • Stories1
  • Units6
  • Year Built1959

Property Information

  • Acreage0.18
  • Construction Materials Block, Stucco
  • Lot DescriptionCorner Lot, Curb and Gutters, City Limits, Sidewalk, Paved
  • Lot Size Dimensions 68X114
  • Lot Size Square Feet 7,752
  • MFR Converted Residence YN No
  • MFR Total Acreage 0 to less than 1/4
  • Property Condition Completed
  • Square Feet2,419

Tax Information

  • Tax Year 2019
  • Taxes$8,114

Basic Information

  • Property SubTypeMulti-Family
  • Virtual TourView Tour

Property

  • Business Type Hotel/Motel, Other
  • Living Area 2419
  • ZoningRM2

Interior

  • Flooring Ceramic Tile

Utilities

  • Cooling Mini-Split Unit(s), Wall/Window Unit(s)
  • Electric 200+ Amp Service, Other
  • Heating Electric, Wall Units / Window Unit
  • Sewer Public Sewer
  • Utilities BB/HS Internet Capable, Electricity Available, Water Connected

Water Body

  • MFR Additional Water Information Beach Access right across the street.
  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Other

  • Date Listed08/27/2020
  • Gross Scheduled Income $88,800
  • MFR Annual Income Type Actual
  • MFR Flood Zone Code AE
  • MFR Flood Zone Date 2020-08-23
  • Security Features Closed Circuit Camera(s), Smoke Detector(s)

Based on information submitted to MFRMLS as of January 23, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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