Beach investment property! Paradise calls from this spacious duplex where ALL the work is done-completely remodeled and turnkey! From furnishings, kitchenware, linens to art, this investment is a breeze! The property has an outstanding pool area in a completely fenced yard with large porch covered area and grills for cook outs. Walking distance to gorgeous beaches, a variety of restaurants and an amazing water park! Last year net income was $125,000, and future rentals are available - this is an exceptional opportunity. Both units live like individual homes! Rent out both on a daily, weekly, or monthly basis. There are no rental restrictions on Indian Rocks Beach which makes this property a lucrative investment for rental income. Allow your investment to work for you! Upstairs unit overlooks private pool and has oversized bunkbeds with trundle, allowing for up to six to sleep; master bedroom has king bed, and living room has a pull out sofa bed. Chef's delight in the fully equipped kitchen with open concept floor plan to dining and living room areas, and there is and inside washer/dryer, too! Ground level two bedroom unit has separate dining area, tray ceilings, crown molding, and kitchen with stainless steel appliances and abundant cabinet space; lots of area to help your guests create magical, memorable vacations that will keep them coming back to this sought after destination. Sleeper sofa in living room and separate breakfast bar seats 4. Gorgeous bath with walk in shower, washer, dryer off hallway, both bedrooms have walk-in closets and direct access to large pool through bonus room; all floors are tile and easy care! Heated salt water pool and carport with parking for up to six vehicles including driveway. Each unit has trendy furnishings, and exceptional hard to find outdoor areas to enjoy the pool. Ideal situation for multiple families to enjoy; sleeps up to 14 guests! Vacation in this friendly, small beach town and let the income offset the expenses, this is a wonderful opportunity!
Sold for $1,184,300
$1,184,300
509 1st St, Indian Rocks Beach, FL 33785
4beds
2baths
2,081sqft
Duplex, Multi Family
Built in 1947
-- sqft lot
$1,102,900 Zestimate®
$569/sqft
$2,713 Estimated rent
Home value
$1,102,900
$982,000 - $1.25M
$2,713/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 26, 2024 at 08:17pm
Listing Provided by:
Julie Folden 727-460-7462,
COASTAL PROPERTIES GROUP INTERNATIONAL 727-493-1555
Bought with:
Sunny Alexander, 3544579
RED SASH REALTY LLC
Michael Beum, 3513158
RED SASH REALTY LLC
Source: Stellar MLS,MLS#: U8195244
Originating MLS: Pinellas Suncoast
Originating MLS: Pinellas Suncoast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: Inside, Laundry Closet, Other, Upper Level
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Open Floorplan, Other, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile
- Doors: French Doors
- Windows: Shades, Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,970
- Total interior livable area: 2,081 sqft
Property
Parking
- Total spaces: 4
- Parking features: Boat, Covered, Driveway, Golf Cart Parking, Guest, On Street, Open, Under Building
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio, Rear Porch
- Exterior features: Balcony, Other
- Has private pool: Yes
- Pool features: Deck, Heated, In Ground, Lighting, Salt Water, Tile
- Fencing: Fenced
- Has view: Yes
- View description: Pool
Lot
- Size: 7,619 sqft
- Dimensions: 75 x 100
- Features: Cul-De-Sac, City Lot, Near Marina, Street Dead-End
Details
- Parcel number: 123014377640060170
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Other, Wood Frame
- Foundation: Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Community Boat Ramp, Fishing, Golf Carts OK, Pool
Location
- Region: Indian Rocks Beach
- Subdivision: HAVEN BEACH SUB
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
| Date | Event | Price |
|---|---|---|
| 5/1/2023 | Sold | $1,184,300-5.3%$569/sqft |
Source:  Stellar MLS #U8195244 Report a problem | ||
| 4/3/2023 | Pending sale | $1,250,000$601/sqft |
Source: Stellar MLS #U8195244 Report a problem | ||
| 3/29/2023 | Listed for sale | $1,250,000+121.2%$601/sqft |
Source: Stellar MLS #U8195244 Report a problem | ||
| 5/21/2019 | Sold | $565,000-8.7%$272/sqft |
Source: Public Record Report a problem | ||
| 1/3/2019 | Listed for sale | $619,000+92.8%$297/sqft |
Source: COASTAL PROPERTIES GROUP #U8028957 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $16,260 +6.6% | $1,005,000 +9.2% |
| 2023 | $15,248 +57% | $920,000 +87.1% |
| 2022 | $9,712 +20.4% | $491,592 +10% |
Find assessor info on the county website
Neighborhood: 33785
Nearby schools
GreatSchools rating
- 9/10Anona Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 6/10Seminole Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10Seminole High SchoolGrades: 9-12Distance: 3.1 mi
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
$1,102,900