1011 Gulf Boulevard, INDIAN ROCKS BEACH

$1,299,000

Active

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0 Beds
0 Baths
0 Sqft
.18 Acres
0 Garages

Indian Rocks Beach Fl. Nicely updated Key West style 6 unit apartment building on Gulf Blvd. Beach access right across the street. The ' Sun and Sand ' Building consists of Two Studios Apts ( #1 #2) plus Three - One Bedroom Apts ( # 3, #4, #5) and One Larger Owners Unit (#6 ) which is a larger one Bedroom with an additional Room / Office.. All Units rented including #6. Just completed Updating which consisted of Roof, Electrical Panel, One Meter with all new Elec panels in each unit. New A/C Wall Units, Laundry Room, Outdoor Lighting, All New Patio Pavers, Sod, Fencing, Sprinkler System, Ext Painting & Security Cameras.. Large corner property (over 114 ft. on Gulf Blvd.) Commercial Zoning allows hotel/motel, retail, office use or condo conversion if desired. No realtor sign (look for Sun & Sand sign). Note: Owners Unit #6 updated & Furnished. Tenant leaving 9-1-2020 - Easy access afterwards. Please do not disturb Tenants or walk the property. Ample On-Site Parking . We can answer any questions. Come to Florida and enjoy life again. Call for Survey. More photos coming.. Apts are rented on a monthly basis.. NOTE: Weekly rentals would greatly enhance Income. Nice opportunity here for a 1031 Exchange.. Owner Financing ?? Want to semi - retire .. Purchase this Property. $1.25.. Install a Pool $65,000 - Live in Apt 6 and rent out the 5 other Units on a nightly basis.. Income would be 5 rooms x $155 a Night x 70% occupancy which is 255 days out of the year.. Calculation 5 X $155 X 255 = $197,625 Yearly Gross Income.. Not a bad Life... Cash in that stock.. Have a nice 10 year run . Double your initial Investment & move on.. Get out of the City and move to Florida.. Call for details .. Have a Family member participate.. Location, Location, Location.

Essential Information
MLS® # U8095462
Price $1,299,000
Acres 0.18
Year Built 1959
Type Residential Income
Sub-Type Quadruplex
Status Active
Show More Information
Property History
Price Increased from $1,250,000 to $1,299,000

Neighborhood Information for 1011 Gulf Boulevard

Moderate Residential Turnover, Coastal Area, Suburb of Tampa

Weather

  • Highs

    • January 69.30℉
    • July 90.20℉
  • Lows

    • January 54.00℉
    • July 76.60℉
  • rain icon

    Precipitation

    • 49.58"
   
Great Schools School Name Distance  

Country Day School Indian Rocks Bch

Private - Preschool to 5th Grade - Closest Elementry School
0.8 Miles

Anona Elementary School

Public - Preschool to 5th Grade
1.2 Miles

Westside Christian School

Private - Kindergarten to 12th Grade - Closest Middle School
1.6 Miles

Country Day School

Private - Preschool to 8th Grade
2.1 Miles

Oakhurst Elementary School

Public - Preschool to 5th Grade
2.2 Miles

Indian Rocks Christian School

Private - Preschool to 12th Grade - Closest High School
2.3 Miles

Saint Patrick School

Catholic - Preschool to 8th Grade
2.4 Miles

School data provided by GreatSchools

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on October 23rd, 2020 at 3:15am EDT.