1214 Bay Pine Blvd - Apartments FOR SALE


Indian Rocks Beach, FL 33785
$998,000 USD
631-834-2626
1214 Bay Pine Blvd, Indian Rocks Beach, FL for Sale
$998,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

1214 Bay Pine Blvd
Indian Rocks Beach, FL 33785


HIGHLIGHTS

  • ALL CALLS TO MIKE DAQUINO Cell 631.872.3855

OVERVIEW

ALL CALLS TO MIKE DAQUINO Cell 631.872.3855 Exciting investment opportunity! Fully updated and renovated multi-family triplex, ZERO deferred maintenance. Nestled in the picturesque coastal town of Indian Rocks Beach, Florida. Offering a unique proposition for both investors and homeowners seeking a prime location. Perfectly positioned just steps away from the beach, access to the intercoastal and the sparkling waters of the Gulf of Mexico, this triplex comprises two charming studio apartments and a main unit with 1100 sq ft featuring three bedrooms one bath private parking, and screened recreation room and private patio. Residents and tenants alike can bask in the glorious Florida sunshine and enjoy the gentle sea breeze from their private patios, providing an ideal space for unwinding after a long day. Moreover, this exceptional triplex provides convenient access to a wide array of local amenities, ensuring a lifestyle of comfort and convenience. With its prime corner location, zoning flexibility, endless possibilities, and strong potential for generating rental income, or building your dream beach getaway, this triplex represents a rare and exceptional investment prospect in one of Florida's most desirable coastal communities. Don't miss out on the chance to make this property your own and capitalize on all that Indian Rocks Beach has to offer. Property Features: Exterior: New roof (2023), New landscaping, new pavers, new driveways, new sprinkler system, new exterior paint, new PVC fencing, new patios on each unit, new exterior lighting, parking for 8-10 cars. Interior: All three units Fully Furnished / New Kitchens / appliances / counters and cabinets, new flooring, new doors, new keyless entry, Updated AC units (2021), Updated electric, 3 separate meters, updated plumbing, new interior lighting and fans, new interior paint and moldings. Highlight: No short term rental minimum Room for RV storage or boat storage. Perfect for Owner / Operator : live in Unit 1 - rent 2 & 3. Great 1031 exchange property.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$674 USD /SF

# OF UNITS

3

PRICE/UNIT

$332,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,932 SF

ZONING

-

APN/PARCEL ID

01-30-14-42048-084-0170

ASK ABOUT THIS PROPERTY

Michael MurphyDouglas Elliman CommercialMore Info
631-834-2626

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Michael MurphyDouglas Elliman CommercialMore Info
631-834-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.