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Map
$1,784,042*
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Multifamily -
Off Market
1011 GULF BOULEVARD
INDIAN ROCKS BEACH, FL 33785
Studio
0 Bath
2419 Sqft
$1,350,000 - $1,648,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
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 GYI with $25,000
Expenses. Owner pays all expenses .. NOTE: Weekly rentals
would greatly enhance Income. Nice opportunity here for a 1031
Exchange.. Owner Financing ?? Want to semi - retire ..
Purchase this Property. $1.45.. 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... Rent all 6 Units YGI
= 6 X 155 X 255= $237,150.00.. Cash in that stock.. Have a nice 10
year run . Double your initial Investment & move on.. Get out of
the City and move to Florida.. Call for details .. Have a Family
member participate.. Location, Location, Location.
The manager has listed the unit size as 2419 square feet.
The manager has listed the unit size as 2419 square feet.
Unit Size
2,419Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$620
Property Type
Multifamily
Property Taxes
$784
HOA Dues
-
Year Built
1959
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 10, 2022 | Sold | $1,495,000 | |
Sold | |||
May 9, 2021 | No longer available | - | |
No longer available | |||
Feb 1, 2021 | Price Increased |
$1,499,900
↑ $201K
(15.5%)
|
|
Price Increased | |||
Oct 8, 2020 | Price Increased |
$1,299,000
↑ $49K
(3.9%)
|
|
Price Increased | |||
Aug 23, 2020 | Listed | $1,250,000 | |
Listed |
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/27/2021
|
|
Studio
|
-
|
2419 ft²
|
$1,595,000
Studio
-
2419 ft²
|
-
-
|
-
|
Mike Daquino
DOUGLAS ELLIMAN
|
08/23/2020
|
|
Studio
|
-
|
2419 ft²
|
$1,250,000
Studio
-
2419 ft²
|
-
-
|
-
|
Roger Hogan
Coldwell Banker Sun Vista
|
11/27/2018
|
|
Studio
|
-
|
2419 ft²
|
$449,000
Studio
-
2419 ft²
|
-
-
|
-
|
Phillip Pendley, Jr
THE SEASIDE REAL ESTATE STORE
|