Photo 1 of 1
$1,425,000
Sold on 3/28/24
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
1,250 |
$9,850 |
1925 |
On the market:
55 days
|
View full details, 15 photos, school info, and price history
Have you ever dreamt of owning your own piece of “Old Florida"? How about one that consistently earns over $125,000 annually?! This amazing multi-family property is nestled between the WEST side of Gulf Blvd and the nostalgic, shell-lined Beach Trail, just steps from the white sandy beaches of the beautiful Indian Rocks Beach and the rolling waves of the Gulf of Mexico. As you pass through the gates, you’ll be immersed in the lush, tropical landscaping complete with a gorgeous heated, saltwater pool, recently installed in 2020. Originally built in 1925, this home has been completely refinished and meticulously maintained, featuring gorgeous coffered ceilings, stunning arched entryways and complementary flooring throughout. It currently operates as a 2bed/2bath and a 1bed/1bath, but may easily be converted back to 3 separate 1/1 units (each separately metered) or could be opened up and utilized as a single-family style home. Each unit has it’s own adorable front and rear patios, perfect for early morning coffee and kicking back after a long day at the beach. Please note, this property is zoned CT - Commercial Tourism with no minimum rental restrictions and these rights can never be taken away. This is an amazing investment opportunity with a great book of business and many returning guests and families year after year; perfect for the seasoned investor or novice alike. For buyers' piece of mind, a recent 4 point inspection and wind mitigation report has been completed. Properties in this unique treasure cove of IRB rarely come available. Short walk to IRB's best dining and entertainment. Relax, unwind, and come enjoy the best of Florida Living. Be sure to check out the virtual tour and call today to schedule your private showing!
Listing courtesy of Mindy Smith, PA, CENTURY 21 BEGGINS