407 18th Ave., Indian Rocks Beach, FL 33785
Photo 1 of 1
$686,000
Sold on 2/18/20
Beds Baths Sq. Ft. Taxes Built
0.00 2,016 $6,562 1951
On the market: 68 days
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Heather Stotts LLC, KELLER WILLIAMS RLTY SEMINOLE