12609 1st Isle

Hudson, FL 34667

$423,000
Last Sold Price
4
Beds
2
Baths
1,224 Sq. Ft.
$346 / Sq. Ft.
1,224
Sq. Ft.
$346
per Sq. Ft.
Sold 12/11/23Virtual Tour
Sold 12/11/23Virtual Tour

Description

Amazing investment opportunity for the savvy buyer! This adorable duplex is fully set up and operating as a mid-term rental for traveling professionals, snow birds, and those needing temporary housing. Each unit has maintained an 88% occupancy rating since first listing in September '21, renting at an average of $2,750/mo EACH. Annual gross rent = $66,000 / Annual Expenses = $19,000 / Annual Net Total = $47,000. That's an 11% cap rate! Sitting on a tidal water canal with a floating dock, you can...Amazing investment opportunity for the savvy buyer! This adorable duplex is fully set up and operating as a mid-term rental for traveling professionals, snow birds, and those needing temporary housing. Each unit has maintained an 88% occupancy rating since first listing in September '21, renting at an average of $2,750/mo EACH. Annual gross rent = $66,000 / Annual Expenses = $19,000 / Annual Net Total = $47,000. That's an 11% cap rate! Sitting on a tidal water canal with a floating dock, you can access the Gulf by boat, jet ski, kayak, or SUP in no time! Guests love to fish off the dock and spot the occasional dolphin or manatee swimming by. Furnished with a coastal theme, all the decorations, furniture, linens, dishes, etc will convey with the sale. The home is in great shape with the roof only 5 years old and the inside/outside recently repainted. Each unit has 2 bedrooms, 1 bathroom with a lanai and stackable washer/dryer. There is literally nothing to do except buy and start making money! The large parking pad fits 4 vehicles comfortably. No HOA but owners have the option of being a member of the Leisure Beach Civic Association for a low $50/year. Leisure Beach is a wonderful community with annual cook offs, a Christmas Boat Parade, and regular community events. Per Pasco County regulations, renting for less than 30 days is not currently allowed but there is a huge demand for mid-stay renting! Property is currently advertised across all major platforms with excellent ratings. Many bookings come direct or by word of mouth. This is a great property for anyone just starting in the vacation rental business or someone looking to add to their portfolio. Property qualifies for FHA and VA as well! Live in one side and rent the other out! Already booked at 60% occupancy through Feb '24, buyer can keep these bookings! Operating expenses, booking records, survey, elevation certificate, and 4 point report from 2 years ago available upon request. Both sides are currently occupied, please do not disturb the guests. Video tour available as well.
  1. Listed by Rebecca Frate • Brokerage DRE #1058774 • REALTY ONE GROUP SUNSHINE
    P: (727)-359-1258 C: (727)-359-1258 RebeccaFrate@gmail.com

Property Details for 12609 1st Isle

Subdivision Name
LEISURE BEACH
Township
25
View
Water
Waterfront
Yes
Water View
Canal
Furnished
Negotiable
LISTING UPDATED: 12/11/2023 02:37 PM

Property Details for 12609 1st Isle

StatusSold
MLS #T3486265
Days on Market5
Taxes$6,296 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1972
Lot Size0.11 AC / 4,800 SF
CountyPasco County

Location

Listing Courtesy of REALTY ONE GROUP SUNSHINE, Rebecca Frate

Sold By KELLER WILLIAMS REALTY NEW TAMPA, John Hoffman; KELLER WILLIAMS REALTY NEW TAMPA, Tania Borelli

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Building Information for 12609 1st Isle

Stories-Residences2Year Built1972Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$2,586 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,062

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12609 1st Isle

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1600.0
  • Building Area Units: Square Feet
  • Directions: From Hwy 19, go west on Beach Blvd. Make left onto 1st Isle. Property will be on your right.
  • Elementary School: Gulf Highland Elementary
  • Middle Or Junior School: Hudson Middle-PO
  • High School: Fivay High-PO
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Unit Number: Yes
  • Street Number: 12609
  • Street Name: 1ST
  • Street Suffix: ISLE
  • State: FL
  • City: HUDSON
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Boat, Golf Cart Parking, Parking Pad
Taxes and HOA Information
  • Association Approval Required: No
  • Association Name: LEISURE BEACH CIVIC ASSOCIATION (voluntary)
  • Association: No
  • CDD: No
  • Number Of Pets: 2
  • Pet Restrictions: Check with county regarding pet restrictions
  • Pet Size: Extra Large (101+ Lbs.)
  • Tax Block: 00000
  • Tax Book Number: 9/139
  • Tax Legal Description: LEISURE BEACH UNIT 1 PB 9 PGS 139-140 S 28 FT OF LOT 213 & N 20 FT OF LOT 212 OR 6934 PG 348 & OR 6934 PG 349
  • Tax Lot: 213
  • Tax Other Annual Assessment Amt: $0
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Near Marina, Near Public Transit
  • Lot Size Dimensions: 48 x 100
  • Parcel Number: 1625040040000002130
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: Canal - Saltwater, Gulf/Ocean
  • Water Access: Yes
  • Water Extras: Bridges - No Fixed Bridges, No Wake Zone, Seawall - Concrete
  • Water Extras: Yes
  • Water: Bridges - No Fixed Bridges, No Wake Zone, Seawall - Concrete
  • Zoning: MF1
  • Living Area: 1224
  • Lot Dimensions: 48 x 100
Property and Assessments
  • Year Built Numeric: 1972
  • Accessibility Features: Accessible Approach with Ramp
  • Flood Zone Code: AE
  • Flood Zone Date: 06-05-2020
  • Flood Zone Panel: 12101C0179G
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 1
  • Property Attached: No
  • Property Condition: Completed
  • Public Survey Range: 16
  • Public Survey Section: 4
  • Dock YN: Yes
  • Dock Description: Dock - Wood, Floating Dock
  • Dock Year Built: 2007
  • Dock Dimensions: 10'x15'
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Enclosed, Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Spa: No
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 48
Interior Features
  • Bedrooms Total: 4
  • Additional Rooms: Florida Room, Storage Rooms
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Wall/Window Unit(s), Zoned
  • Fireplace: No
  • Flooring: Tile
  • Green Indoor Air Quality: No Smoking-Interior Buildg
  • Heating: Electric, Radiant
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Window Treatments
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
  • Window Features: Blinds, Rods, Shades
Multi Family
Multi-Family Information
  • Annual Expenses: $19,150
  • Annual Net Income: $46,850.00
  • Gross Income: $66,000
  • Total Monthly Expenses: $1,595
  • Unit Count: 2
Rental
Rental Information
  • Total Actual Rent: $5,500
  • Minimum Lease Period: 0
  • Pets Allowed: Number Limit, Yes

Property History for 12609 1st Isle

DateEvent & SourcePriceAppreciation
Dec 11, 2023

Sold

MFRMLS #T3486265

$423,000—
Dec 6, 2023

Sold (Public Record)

Public Record #1523863479

$423,000

+2.2% / yr

Nov 21, 2023

Pending

MFRMLS #T3486265

—
Nov 16, 2023

Listed (Active)

MFRMLS #T3486265

$425,000—
Jun 27, 2022

Sold

MFRMLS #U8164557

$410,000—
Jun 23, 2022

Sold (Public Record)

Public Record #1493124021

$410,000

+49.1% / yr

Jun 9, 2022

Pending

MFRMLS #U8164557

—
Jun 1, 2022

Listed (Active)

MFRMLS #U8164557

$410,000—
Jul 9, 2021

Sold (Public Record)

Public Record #1466578498

$280,000

-0.7% / yr

Jul 9, 2021

Sold

MFRMLS #J931072

$280,000—
Jul 9, 2021

Listed (Active)

MFRMLS #J931072

$280,000—
Dec 30, 2011

Expired

MFRMLS #W7467060

$299,000—
Jun 4, 2010

Listed (Active)

MFRMLS #W7467060

$299,000—
May 12, 2009

Expired

MFRMLS #U7351164

$179,900—
Jun 10, 2008

Listed (Active)

MFRMLS #U7351164

$179,900—
Apr 17, 2008

Expired

MFRMLS #W7272367

$199,900—
Apr 17, 2007

Listed (Active)

MFRMLS #W7272367

$219,900—
Apr 13, 2007

Expired

MFRMLS #W7251578

$219,900—
Jan 21, 2007

Listed (Active)

MFRMLS #W7251578

$219,900—
Dec 30, 2006

Expired

MFRMLS #W7191394

$229,900—
Apr 24, 2006

Listed (Active)

MFRMLS #W7191394

$239,900—
Apr 10, 2006

Sold (Public Record)

Public Record #193673975

$310,000

+36.1% / yr

Mar 2, 2006

Expired

MFRMLS #W7143702

$329,000—
Aug 30, 2005

Expired

MFRMLS #W7123213

$339,000—
Aug 30, 2005

Listed (Active)

MFRMLS #W7143702

$339,000—
Jul 20, 2005

Expired

MFRMLS #W7103939

$369,900—
May 23, 2005

Listed (Active)

MFRMLS #W7123213

$369,900—
Jan 20, 2005

Listed (Active)

MFRMLS #W7103939

$369,900—
Dec 2, 2004

Sold

MFRMLS #W7071748

$289,900—
Nov 14, 2004

Pending

MFRMLS #W7071748

—
May 18, 2004

Listed (Active)

MFRMLS #W7071748

$299,900—
Nov 12, 2003

Sold (Public Record)

Public Record #123850020

$147,500—
DateEvent & SourcePrice
12/11/2023

Sold

MFRMLS #T3486265

$423,000
12/06/2023

Sold (Public Record)

Public Record #1523863479

$423,000

+2.2% / yr

11/21/2023

Pending

MFRMLS #T3486265

—
11/16/2023

Listed (Active)

MFRMLS #T3486265

$425,000
06/27/2022

Sold

MFRMLS #U8164557

$410,000
06/23/2022

Sold (Public Record)

Public Record #1493124021

$410,000

+49.1% / yr

06/09/2022

Pending

MFRMLS #U8164557

—
06/01/2022

Listed (Active)

MFRMLS #U8164557

$410,000
07/09/2021

Sold (Public Record)

Public Record #1466578498

$280,000

-0.7% / yr

07/09/2021

Sold

MFRMLS #J931072

$280,000
07/09/2021

Listed (Active)

MFRMLS #J931072

$280,000
12/30/2011

Expired

MFRMLS #W7467060

$299,000
06/04/2010

Listed (Active)

MFRMLS #W7467060

$299,000
05/12/2009

Expired

MFRMLS #U7351164

$179,900
06/10/2008

Listed (Active)

MFRMLS #U7351164

$179,900
04/17/2008

Expired

MFRMLS #W7272367

$199,900
04/17/2007

Listed (Active)

MFRMLS #W7272367

$219,900
04/13/2007

Expired

MFRMLS #W7251578

$219,900
01/21/2007

Listed (Active)

MFRMLS #W7251578

$219,900
12/30/2006

Expired

MFRMLS #W7191394

$229,900
04/24/2006

Listed (Active)

MFRMLS #W7191394

$239,900
04/10/2006

Sold (Public Record)

Public Record #193673975

$310,000

+36.1% / yr

03/02/2006

Expired

MFRMLS #W7143702

$329,000
08/30/2005

Expired

MFRMLS #W7123213

$339,000
08/30/2005

Listed (Active)

MFRMLS #W7143702

$339,000
07/20/2005

Expired

MFRMLS #W7103939

$369,900
05/23/2005

Listed (Active)

MFRMLS #W7123213

$369,900
01/20/2005

Listed (Active)

MFRMLS #W7103939

$369,900
12/02/2004

Sold

MFRMLS #W7071748

$289,900
11/14/2004

Pending

MFRMLS #W7071748

—
05/18/2004

Listed (Active)

MFRMLS #W7071748

$299,900
11/12/2003

Sold (Public Record)

Public Record #123850020

$147,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12609 1st Isle

Taxable ValueLand$81,600Additions$268,543Total$350,143
Tax Record2025$6,189 ($516 / month)
Home Facts
Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories1Lot Size4,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Zoning0MF1CountyPASCOAPN04-25-16-0040-00000-2130

Schools near 12609 1st Isle

This home is within Pasco.
Rating
School
Type
Grades
Distance
Gulf Highlands Elementary School
Public - PK to 5
Hudson Middle School
Public - 4 to 8
Fivay High School
Public - 9 to 12
Schwettman Education Center
Public - 6 to 12
Rating
School
Distance
Gulf Highlands Elementary School
PublicPK to 5

Hudson Middle School
Public4 to 8

Fivay High School
Public9 to 12

Schwettman Education Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of REALTY ONE GROUP SUNSHINE, Rebecca Frate

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/11/2023 02:37 PM