Merry Donovan and Michael Frankum, REALTORS®

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$1,995,000
257 Days Online

2308 Bay Boulevard
Indian Rocks Beach, FL 33785

For Sale|Multi-Family|Active
Subdivision:
Indian Beach Re-Revised 16th Add
County:
Pinellas
Call Now: (727) 560-1985
Is this the home for you? We can help make it yours.
(727) 560-1985
2308 Bay Boulevard2308 Bay Boulevard2308 Bay Boulevard2308 Bay Boulevard
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Monthly Payment (Est.)

$9,102
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

**** 5-UNIT INDIAN ROCKS BEACH INVESTMENT PROPERTY **** INCLUDES A NEW ROOF WITH FULL CATEGORY-4-RATED HURRICANE STRAPS **** TRANSFERABLE HOTEL LICENSE **** A unique opportunity to own a turnkey investment property in this quiet location. Nestled between the Gulf & Intracoastal. Beach access, a 2-minute walk at the end of 24th Ave N, and a small park on deep-water Intracoastal across the street. The current owner has meticulously maintained the property for over 20 years. No Rental Minimum and NO HOA! The property consists of 5 separate – 2 bed / 1 bath units all updated and maintained. Each unit has a private patio and Washer/Dryer hookup/storage area. **Live in one unit and rent out the rest or use a local management company and have a hands-free Seasonal/VRBO/Airbnb income rental** THE WINDOWS ARE HURRICANE IMPACT!! Non-smoking building, inside and out. The Kitchen appliances include a Refrigerator, Range, Dishwasher, and built-in Microwave. THIS PROPERTY HAS 2 PARKING SPACES PER UNIT PLUS GUEST PARKING!! The only property of its size for Indian Rocks Beach (IRB) with this amount of parking. Block construction, Block walls between each unit, and firewalls between apartments in the attic. Each unit is metered separately for Electric, Water/Sewer. The building shows pride of ownership. **Currently Tenant Occupied and Annual Lease to 2024 - $115, 000. An increase in revenue is easily attainable as current rents are below market value. Perfect setup to convert to Airbnb. Comparable Short-Term Rentals in Indian Rocks Beach $200-$250k in gross income. Buyer to verify comparable income. **PLEASE DO NOT DISTURB TENANTS! ** Schedule a Private Showing today.

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Listing Snapshot
Price 
$1,995,000
Days Online 
257 Days
Bedrooms 
10
Inside Area (SqFt) 
3,820 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1972
MLS® Number 
U8211094
Status 
Active
Property Tax 
$12,460
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,995,000
6 months agoPrice changed to $2,100,000
7 months agoPrice changed to $2,300,000
8 months agoPrice changed to $2,699,000
See 1 more
General Features
Construction 
BlockStucco
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.21
Water 
Public
Green Energy Efficient 
Windows
Property Sub Type 
Multi Family
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Foundation 
Slab
Ownership 
Fee Simple
Parcel Number 
06-30-15-42318-000-0170
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
Flooring 
Tile
Interior 
Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanThermostat
Window Features 
BlindsImpact Glass/ Storm Windows
Fireplace 
No
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Exterior Features
Roof 
Shingle
Waterfront Property 
No
Exterior 
Irrigation SystemSidewalk
Patio And Porch 
Front PorchRear Porch
Community Features
Township 
30
Senior Community 
No
MLS Area 
33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Listing courtesy of PREMIER SOTHEBYS INTL REALTY 727-585-9600



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-05-16 05:35 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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