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407 18TH AVE Indian Rocks Beach, FL 33785
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Key Details
Sold Price $686,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $340
Subdivision Indian Beach Re-Revised 3Rd Add
MLS Listing ID U8068391
Sold Date 02/18/20
Construction Status Inspections
HOA Y/N No
Year Built 1951
Annual Tax Amount $6,562
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 49x100
Property Description
Attention investors and savvy home buyers! Here is an excellent investment opportunity to purchase a 4 unit rental building in the highly desirable Indian Rocks Beach community. This community still allows for SHORT TERM AND LONG TERM RENTALS!! Property is located 2 blocks from the turquoise waters of the Gulf of Mexico and is directly on the Intercoastal Waterway. It lies within a Cul De Sac road, so traffic is not a concern. Quadplex consists of (3) 1bed/1bath with full kitchen apartments and (1) studio apartment with an efficiency kitchen area. Each apartment is on a separate electrical meter. There is also an electrical source on the dock for the boats with its own meter. Unit 4 has a direct view of the Intercoastal Waterway from the apartment - it would make a fabulous home while you rent out the remaining units as income. In addition to the Quadplex. There are 3 boat slips available for use -which may be rented out as well. A small grilling and patio area is located to the back of the property so visitors can entertain people during the summer time. Roof is 2008, AC units in homes are less than 3 years old. Sod and brand new exterior painting was completed Dec 2019. The opportunities are endless. It is located close to local restaurants, night life, and shopping, The Jolly Trolley stop is 2 blocks up the street Hurry, this investment opportunity will not last long.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised 3Rd Add
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Sliding Doors
Garage Open
Utilities Available Public
Waterfront true
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
Water Access Desc Intracoastal Waterway
View Water
Roof Type Shingle
Parking Type Open
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Schools
Elementary Schools Anona Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Largo High-Pn
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS ST PETE REALTY