$3,595,000

2704 2nd Street

INDIAN ROCKS BEACH FL, 33785

Description

RARE OPPORTUNITY TO INVEST IN A 16 UNIT CONDO BUILDING NEAR PUBLIC BEACH ACCESS! This block construction building is an INSTANT INCOME GENERATOR with even more potential. Nightly, Seasonal rentals and annual established tenants present. This wonderful property presents (16) 1 bedroom, 1 bath units each offering full kitchens w/ stainless steel appliances, living/dining areas upgraded A/C, Hot water heater, and windows has been completed. Onsite laundry has scrub sink, 2 NEWER Stackable Washer/ Dryers w/ Credit Card Payment, No Coin Pickup with space available for additional Washer/Dryer Unit. Also, ample on-site paved parking, and a private patio courtyard for tenants to enjoy. Current rents average $1300-$1350 month to month or annually, $120/$140 nightly or $3,0000/$4,000 seasonally. These desirable units are steps to the beach. Just a short walk or bike ride to the pristine white sands of Indian Rocks Beach and the waves of the Gulf of Mexico. Across the street is Brown Park to keep the kids busy w/ a playground, basketball and tennis courts. Enjoy the many nearby restaurants.. life at the beach is simply the best! Do not let this unique and profitable property drift away, call today!!

Details

MLS#U8098459
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site43

Features

SQ Feet9,708
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Area Information
StateFL
CountyPinellas
CityINDIAN ROCKS BEACH
Zip Code33785
Area33785- Indian Rocks BchBelleair BchIndian Shores
Listing VS Median (in 33785)
Price:
$3,595,000
low | high
Med:
$587,000
100% of Average
SqFt:
9,708
low | high
Med:
1,534
100% of Average
$ / SqFt:
$370
low | high
Med:
$394
43.668296562914% of Average
On Site:
43
low | high
Med:
117
36.752136752137% of Average
Listing Updated: 10/29/2020
Jason Derrick LogoMLS Number: U8098459
Listing Provided By:
Jason Derrick  of  VENIE BRINSON REAL ESTATE INC

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