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. 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.. $88,000 Gross
, $25,000 Expenses all in.... NOTE: Weekly rentals would greatly enhance Income. Nice opportunity here for a 1031 Exchange.. Owner Financing ??
... Want to Semi - Retire. Purchase this Property. $1.29.. 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 Investment & move on.. Get out of the City and move to Florida.. Call for details .. Have a Family member participate.. Location, Location, location.
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Great Schools | School Name | Distance | |
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Country Day School Indian Rocks Bch Private - Preschool to 5th Grade - Closest Elementry School |
0.8 Miles | |
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Anona Elementary School Public - Preschool to 5th Grade |
1.2 Miles | |
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Westside Christian School Private - Kindergarten to 12th Grade - Closest Middle School |
1.6 Miles | |
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Country Day School Private - Preschool to 8th Grade |
2.1 Miles | |
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Oakhurst Elementary School Public - Preschool to 5th Grade |
2.2 Miles | |
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Indian Rocks Christian School Private - Preschool to 12th Grade - Closest High School |
2.3 Miles | |
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Saint Patrick School Catholic - Preschool to 8th Grade |
2.4 Miles |
School data provided by GreatSchools
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Listing information last updated on January 22nd, 2021 at 4:32pm EST.