2011 1st Street, Indian Rocks Beach, FL 33785

$1,525,000
8
BD
4
BA
2,824
SqFt

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Sold Price
$1,525,000
List Price
$1,495,000
Status
Sold
Days on Market
84
Closing Date
Dec 08, 2025
MLS#
TB8415869
Property Style
Duplex
Year Built
1972
Bedrooms
8
Bathrooms
4
Living Area
2,824
Lot Size
7,383
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Indian Beach Re-Revised
MLS Area Major
Indian Rocks Bch/Belleair Bch/Indian Shores

Property Description

An exceptional investment opportunity in the heart of Indian Rocks Beach, this fully remodeled 8-bedroom, 4-bathroom duplex is just 1.5 blocks from the Gulf of Mexico and offers rare short-term (daily) rental eligibility—a sought-after feature in this coastal market. Each side of the duplex is a spacious, independent 4-bedroom, 2-bathroom unit, making this a unique find for investors or owner-operators looking to maximize returns by catering to large groups and multi-family travelers. Properties of this size with daily rental zoning are increasingly hard to find, especially ones that require no updates and are fully turn-key. Both sides of the home are thoughtfully laid out to support comfort and functionality, featuring dual living rooms, well-appointed kitchens, in-unit laundry, and private screened-in porches. Each side also has access to its own private hot tub and shares a new heated pool. Additionally, both units feature full-size washer and dryer sets, along with ultra-high efficiency mini-split HVAC systems installed in 2024 to ensure year-round comfort. A new roof, installed in 2021, provides added peace of mind. The layout and amenities not only enhance guest experience but also allow flexible rental options: operate as two separate vacation rentals, combine them under one listing to attract large retreats or family reunions, or operate as an owner living in one side while renting the other. The coastal vibe evokes a sense of relaxation and serenity. Guests love the on site beach gear and easy 3 minute walk to the beach for enjoying waves, water sports and sunsets. Local dining and attractions like mini golf and a water park are minutes away, making vacationing here fun and hassle-free. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks.  From an investment standpoint, the home checks every box: prime location in a popular Gulf Coast town, legal daily rentals, and a configuration that directly serves one of the most underserved segments in the short-term rental market—large groups. Whether you're looking to build a high-performing vacation rental portfolio or live in one unit while renting the other, this duplex delivers rare scale, flexibility, and income potential in a vibrant beach community.

Additional Information

Taxes
$12055
Minimum Lease
No Minimum
Location
Corner Lot, Flood Insurance Required, FloodZone, Near Public Transit, Paved
Community Features
No Deed Restriction
Property Description
Corner Unit
Interior Layout
Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
Interior Features
Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
Appliances
Dryer, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Outdoor Shower, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
Gunite, Heated, In Ground, Lighting, Salt Water
Flood Zone Code
AE
Parcel ID
01-30-14-42030-054-0010
Legal Description
INDIAN BEACH RE-REVISED BLK 54, LOT 1

Listing courtesy of ENGEL & VOLKERS MADEIRA BEACH. 727-394-7365

Selling Office: ENGEL & VOLKERS MADEIRA BEACH.

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