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Sold for $1,525,000 on 12/08/25
  • $1,525,000

    2011 1st St, Indian Rocks Beach, FL 33785

    8beds
    4baths
    2,824sqft
    Duplex, Multi Family
    Built in 1972
    -- sqft lot
    $1,523,800 Zestimate®
    $540/sqft
    $5,037 Estimated rent

    Home value

    $1,523,800

    $1.40M - $1.65M

    $5,037/mo

    Zestimate® history
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    $5,037/mo

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    $10,389/mo

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    $10,389/mo

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    What's special

    An exceptional investment opportunity in the heart of Indian Rocks Beach, this fully remodeled 8-bedroom, 4-bathroom duplex is just 1.5 blocks from the Gulf of Mexico and offers rare short-term (daily) rental eligibility—a sought-after feature in this coastal market. Each side of the duplex is a spacious, independent 4-bedroom, 2-bathroom unit, making this a unique find for investors or owner-operators looking to maximize returns by catering to large groups and multi-family travelers. Properties of this size with daily rental zoning are increasingly hard to find, especially ones that require no updates and are fully turn-key. Both sides of the home are thoughtfully laid out to support comfort and functionality, featuring dual living rooms, well-appointed kitchens, in-unit laundry, and private screened-in porches. Each side also has access to its own private hot tub and shares a new heated pool. Additionally, both units feature full-size washer and dryer sets, along with ultra-high efficiency mini-split HVAC systems installed in 2024 to ensure year-round comfort. A new roof, installed in 2021, provides added peace of mind. The layout and amenities not only enhance guest experience but also allow flexible rental options: operate as two separate vacation rentals, combine them under one listing to attract large retreats or family reunions, or operate as an owner living in one side while renting the other. The coastal vibe evokes a sense of relaxation and serenity. Guests love the on site beach gear and easy 3 minute walk to the beach for enjoying waves, water sports and sunsets. Local dining and attractions like mini golf and a water park are minutes away, making vacationing here fun and hassle-free. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks.  From an investment standpoint, the home checks every box: prime location in a popular Gulf Coast town, legal daily rentals, and a configuration that directly serves one of the most underserved segments in the short-term rental market—large groups. Whether you're looking to build a high-performing vacation rental portfolio or live in one unit while renting the other, this duplex delivers rare scale, flexibility, and income potential in a vibrant beach community.

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 08:22am

    Listing Provided by:

    Evan Pedone 727-459-5543,

    ENGEL & VOLKERS MADEIRA BEACH 727-394-7365,

    Ashley Pedone 727-410-5522,

    ENGEL & VOLKERS MADEIRA BEACH

    Bought with:

    Evan Pedone, 3370730

    ENGEL & VOLKERS MADEIRA BEACH

    Source: Stellar MLS,MLS#: TB8415869MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    • Laundry: Other
    Features
    • Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
    • Doors: Outdoor Shower, Sliding Doors
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 3,112
    • Total interior livable area: 2,824 sqft

    Property

    Features
    • Exterior features: Irrigation System, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Lighting, Salt Water
    • Has spa: Yes
    • Has view: Yes
    • View description: Pool
    Lot
    • Size: 7,383 sqft
    • Dimensions: 63 x 120
    • Features: Corner Lot, Flood Insurance Required, FloodZone, Near Public Transit
    Details
    • Parcel number: 013014420300540010
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Indian Rocks Beach
    • Subdivision: INDIAN BEACH RE-REVISED

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/8/2025Sold$1,525,000+2%$540/sqft
    Source: Stellar MLS #TB8415869
    11/3/2025Pending sale$1,495,000$529/sqft
    Source: Stellar MLS #TB8415869
    8/19/2025Price change$1,495,000-6.5%$529/sqft
    Source: Stellar MLS #TB8415869
    8/9/2025Listed for sale$1,599,000-5.9%$566/sqft
    Source: Stellar MLS #TB8415869
    8/8/2025Listing removed$1,699,000$602/sqft
    Source: Stellar MLS #TB8351137

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33785

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,523,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,523,800