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2507 Bay Boulevard

Indian Rocks Beach, FL 33785
  • $1,950,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: U8193139
UPDATED: 41 min ago
$1,950,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,939
    SQFT
  • $663
    $/SQFT
Type:
Multi-Family
Built:
1994
County:

School Information

Elementary School:
Middle School:
High School:

Description

A Rare opportunity to buy a truly fantastic piece of property directly on the Intracoastal Waterway of sought after Indian Rocks Beach Florida. Featuring over 55 feet of water frontage complete with fishing dock situated on a wide finger of the waterway. This home offers many possibilities for its new owner. The home is currently configured as an income producing short term rental duplex with great rental history for both sides A and B. Or you could live in one side while renting out the other side and have your own home pay for itself. Another option is that it could be converted to one large palatial waterfront estate to be utilized as a beautiful homestead or even a larger income producing single property. You truly have several options here. With its current configuration you have two 2 bedroom 2 bath units each with their own oversized one car garage and driveway. As you walk up to the living rooms of each unit you are greeted with stunning water views, sun drenched living rooms with sliders out to the waterfront balconies and open kitchen concepts. Each unit offers one bedroom and full bathroom on the main living level and then a large primary retreat with full baths ensuite on the upper level. The primary suites offer large space, walk-in closets and their own private waterfront balconies to take in the breathtaking morning sunrises and watch the dolphin, manatee and fish play just outside your back doorstep. There is large usable and partially finished bonus space on the ground floor that offers sliders that walk out to large patio space and your lush green lawn perfect for Fido to run and play and allows direct access to your very own dock. Located on one of the best streets in IRB you are about 2 blocks down from Brown Park, a 5 min walk to the Sugar Soft white sand Beach, and close to Trolley stops, restaurants, beach bars and everything that the Florida Beach Life has to offer. Roof replaced May of 2022. There is great opportunity to massively increase the rental income for this property with a little investment. Current income figures are good but they could be great with the right improvements! Tons of Potential! Do not let this opportunity pass you by.

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-01T08:43:24.457.
www.blackburncoastalrealty.com/homes/137587217
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2507 Bay Boulevard Indian Rocks Beach, FL 33785

  • Price: $1,950,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 41 min ago
  • MLS #: U8193139
4
Beds
0
Baths
0
½ Baths
0.15
Acres
2,939
SQFT
$663
$/SQFT
1994
Built
Neighborhood:
Indian Beach Re-Revised 12Th Add
County:
Pinellas
Area:
Indian Rocks Bch/Belleair Bch/Indian Shores
Elementary School:
Anona Elementary-PN
Middle School:
Seminole Middle-PN
High School:
Largo High-Pn
Property Description
A Rare opportunity to buy a truly fantastic piece of property directly on the Intracoastal Waterway of sought after Indian Rocks Beach Florida. Featuring over 55 feet of water frontage complete with fishing dock situated on a wide finger of the waterway. This home offers many possibilities for its new owner. The home is currently configured as an income producing short term rental duplex with great rental history for both sides A and B. Or you could live in one side while renting out the other side and have your own home pay for itself. Another option is that it could be converted to one large palatial waterfront estate to be utilized as a beautiful homestead or even a larger income producing single property. You truly have several options here. With its current configuration you have two 2 bedroom 2 bath units each with their own oversized one car garage and driveway. As you walk up to the living rooms of each unit you are greeted with stunning water views, sun drenched living rooms with sliders out to the waterfront balconies and open kitchen concepts. Each unit offers one bedroom and full bathroom on the main living level and then a large primary retreat with full baths ensuite on the upper level. The primary suites offer large space, walk-in closets and their own private waterfront balconies to take in the breathtaking morning sunrises and watch the dolphin, manatee and fish play just outside your back doorstep. There is large usable and partially finished bonus space on the ground floor that offers sliders that walk out to large patio space and your lush green lawn perfect for Fido to run and play and allows direct access to your very own dock. Located on one of the best streets in IRB you are about 2 blocks down from Brown Park, a 5 min walk to the Sugar Soft white sand Beach, and close to Trolley stops, restaurants, beach bars and everything that the Florida Beach Life has to offer. Roof replaced May of 2022. There is great opportunity to massively increase the rental income for this property with a little investment. Current income figures are good but they could be great with the right improvements! Tons of Potential! Do not let this opportunity pass you by.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials BlockWood Frame Covered Spaces 2 Exterior Features BalconyHurricane ShuttersIrrigation SystemSliding Doors Foundation Details Stilt/On Piling Lot Features Level Open Parking YN Yes Parking Features DrivewayGarage Door OpenerTandem Patio And Porch Features CoveredDeckPatioPorch Pool Private Yn No Road Surface Type Paved Roof Shingle View Water Water Access Intracoastal Waterway Water Access Yn Yes Water Extras Dock - WoodSeawall - Concrete Water Extras Yn Yes Water View Intracoastal Waterway Water View Yn Yes Waterfront Features Intracoastal Waterway Waterfront Feet Total 0 Waterfront Yn Yes

Interior Features

Additional Rooms Florida RoomInside Utility Appliances DishwasherDisposalDryerMicrowaveRangeRange HoodRefrigerator Building Area Total 4602 Cooling Central Air Cooling YN Yes Fireplace Features Wood Burning Fireplace Yn Yes Flooring CarpetCeramic TileLaminate Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(S)High Ceiling(S)Living Room/Dining Room ComboOtherSplit BedroomWalk-In Closet(S) Laundry Features Inside Levels Three Or More Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Check Local IRB Ordinances. Annual Net Income 73000 Association Approval Required Yn No Association Yn No Cdd Yn No Community Features ParkWater Access Down Payment Resource No Est Annual Market Income 130000 Flood Zone Code Ae Garage Yn Yes Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1-7 Days New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Duplex Realtor Info As-Is Security Features Smoke Detector(S) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 15938 Total Annual Fees 0 Total Monthly Fees 0 Utilities Bb/Hs Internet AvailablePublicStreet Lights Yrs Of Owner Prior To Leasing Re No


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Coastal Properties Group International: 727-493-1555.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-01T08:43:24.457.
 
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