717 E GULF BLVD Indian Rocks Beach, FL 33785
4 Beds
3 Baths
2,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $476
Subdivision Bahia Vista Sub
MLS Listing ID TB8459701
Bedrooms 4
Construction Status Completed
HOA Y/N No
Year Built 1959
Annual Tax Amount $13,914
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 32x110
Property Sub-Type Triplex
Source Stellar MLS
Property Description
Investor's paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach—all for under $1,000,000. Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor.
The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today's high-end vacationers or an owner-occupant looking to live for free.
Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests).
Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager's quarters.
Premium Upgrades Include:
Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances.
Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures.
Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep.
Slab-on-grade block construction on an expansive 5,500+ sq ft lot with ample open parking for guests.
The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare "best of both worlds" layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly one block to the west to put your toes in the Gulf of Mexico. Guests can entirely bypass the car—boutique shopping, local culinary staples, and parks are all within casual walking distance.
Versatile Investment Strategies:
Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market.
The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage.
Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market.
Sellers are highly motivated and ready to look at clean offers. Don't miss the window on this re-positioned luxury asset—schedule your tour today!
Location
State FL
County Pinellas
Community Bahia Vista Sub
Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Electric, Heat Pump
Cooling Central Air
Furnishings Unfurnished
Fireplace false
Appliance Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Washer Hookup
Exterior
Exterior Feature Lighting, Private Entrance, Private Mailbox, Sidewalk
Utilities Available Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Waterfront Description Canal - Saltwater,Intracoastal Waterway
View Y/N Yes
Water Access Yes
Water Access Desc Canal - Saltwater
View Water
Roof Type Other
Porch Covered, Front Porch, Patio, Porch
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, City Limits, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction true
Construction Status Completed
Schools
Elementary Schools Ozona Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8459701
