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Residential > Multi-family
Active
02/05/2024
List Price
$1,150,000$777/ft²

1214 Bay Pine Blvd
Indian Rocks Beach, FL 33785

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  • 1214 Bay Pine Blvd, Indian Rocks Beach, FL 33785 is a 5 bed, 3 bath, 1,480 ft² multi-family home house built in 1947 on a 0.160 acre lot with 1 construction permit. This multi-family home is currently on the market for $1,150,000, and it was last sold in 2005 for $380,000.

    MLS Description

    The listing agent's description. Original Listing

    Exciting investment opportunity! $73,000 Gross Annual Income. Fully updated and renovated multi-family triplex, ZERO deferred maintainance. Nestled in the picturesque coastal town of Indian Rocks Beach, Florida. Offering a unique proposition for both investors and homeowners seeking a prime location. Perfectly positioned just steps away from the beach, access to the intercoastal and the sparkling waters of the Gulf of Mexico, this triplex comprises two charming studio apartments and a main unit with 1100 sq ft featuring three bedrooms one bath private parking, and screened recreation room and private patio. Residents and tenants alike can bask in the glorious Florida sunshine and enjoy the gentle sea breeze from their private patios, providing an ideal space for unwinding after a long day. Moreover, this exceptional triplex provides convenient access to a wide array of local amenities, ensuring a lifestyle of comfort and convenience. With its prime corner location, zoning flexibility, endless possibilities, and strong potential for generating rental income, or building your dream beach getaway, this triplex represents a rare and exceptional investment prospect in one of Florida's most desirable coastal communities. Don't miss out on the chance to make this property your own and capitalize on all that Indian Rocks Beach has to offer. Property Features: Exterior: New roof (2023), New landscaping, new pavers, new driveways, new sprinkler system, new exterior paint, new PVC fencing, new patios on each unit, new exterior lighting, parking for 8-10 cars. Interior: All three units Fully Furnished / New Kitchens / appliances / counters and cabinets, new flooring, new doors, new keyless entry, Updated AC units (2021), Updated electric, 3 separate meters, updated plumbing, new interior lighting and fans, new interior paint and moldings. Highlight: No short term rental minimum Room for RV storage or boat storage. Unit 1 - Rented $3000 a month Lease starts May 1st 2024 Unit 2 - Rented $1500 a month leased started March 1st 2024 Unit 3 - For Rent - $1600 a month $73K a year Current gross income. Great 1031 exchange property.

    Listing Agents

    The listing agent for 1214 Bay Pine Blvd is Mike Daquino.

    Permits

    1214 Bay Pine Blvd has 1 permit records of total value of $4,700.

    Permit History
    1
    Permits
    $4,700
    Total Permit Value
    October 4, 2021
    Project Name: E- A/c Eco - Bennett - in Person - 10/4/21Description: Unit # 1 - eco 2 ton straight cool split system with 5 kw heat strip - ruud ahu# rh1p2417stan - cond# ra1424bj1Job Value: $4,700Status: issuedType: MechanicalSub Type: Air conditioning change out with electricalBusiness Name: Indian Rocks Heating & Cooling INCFees: $157Effective Date: 2021-10-04Permit Number: EBP-21-17020

    Current Ownership

    Information about the current owner(s).

    Property History

    1214 Bay Pine Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1214 Bay Pine Blvd

    School Information

    Public/private schools serving 1214 Bay Pine Blvd

    Neighborhood

    This property is located in Indian Rocks Beach, Indian Rocks Beach, FL 33785.

    Market Trends

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    Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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