Property Attributes
- MLS#U8184616
- TypePending
- CountyPINELLAS
- CityINDIAN ROCKS BEACH
- AreaIndian Rocks Bch-Belleair Bch-Indian Shores
- NeighborhoodIndian Beach Re-Revised
- Zip33785
- StyleMixed Use
- Year Built1954
- Taxes$ 11726
- Price$ 1,699,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4872
- Lot Size7,405 SqFt
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Indian Rocks Beach multi-use investment property for sale. This 4,872 square foot building is located across the street from the Gulf of Mexico. The residential unit is a short-term rental. In front there is a 1,800 square foot restaurant space. In addition to the two existing revenue streams, the owner has secured zoning entitlements for future expansion opportunity (two apartments). Utility infrastructure for separately metered utilities, is already in place. Don’t miss your chance in acquiring an asset that has a pro-forma double digit cap rate.
Price History | |
---|---|
12/10/2022 | Listed $2,500,000 |
2/7/2023 | 6% - $2,350,000 |
2/22/2023 | 11% - $2,100,000 |
4/20/2023 | 10% - $1,900,000 |
12/7/2023 | 1% - $1,899,000 |
2/20/2024 | 6% - $1,799,000 |
3/12/2024 | 6% - $1,699,000 |
General Features
Cooling | Central Air |
---|---|
Construction Materials | Block,Stucco |
Year Built | 1954 |
Property SubType | Mixed Use |
Tax Year | 2021 |
Percent Ownership | Sole Proprietor |
County | Pinellas |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | INDIAN BEACH RE-REVISED |
Status | Pending |
Directions | Head West on Walsingham road to Gulf Blvd. Head North on Gulf to location on right 2699 Gulf Blvd. |
City | INDIAN ROCKS BEACH |
Buyer Agent Compensation | 3% |
MLS Area | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores |
Lot Size Square Feet | 7196 |
Waterfront Y/N | No |
Street Name | Gulf |
Tax Annual Amount | 11726.09 |
Public Remarks | Under contract-accepting backup offers. Indian Rocks Beach multi-use investment property for sale. This 4,872 square foot building is located across the street from the Gulf of Mexico. The residenti |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8184616 |
Days on Market | 471 |
Standard Status | Pending |
Tax Lot | 1 |
Legal Description | INDIAN BEACH RE-REVISED BLK 5,LOT 1 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Total Stories | 2 |
---|---|
Air Conditioning Y/N | Yes |
Street Suffix | BOULEVARD |
Living Area Units | Square Feet |
Exterior Features
Lot Size Area | 7196 |
---|---|
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 4872 |
Lot Dimensions | 60 x 120 |
Lot Size Acres | 0.17 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool