Last Sold Price
8 beds4 baths2,824 sqft$540/sqft

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...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.
LISTING CLOSED: 12/08/2025 12:00 AM

  1. Listed by Evan Pedone • Brokerage DRE #1007310 • ENGEL & VOLKERS MADEIRA BEACH
    P: (727) 459-5543 C: (727) 459-5543 evan.pedone@evrealestate.com
  2. Listed by Ashley Pedone • Brokerage DRE #1007310 • ENGEL & VOLKERS MADEIRA BEACH
    P: (727) 410-5522 Ashley.pedone@evrealestate.com

Property Details for 2011 1st Street

Status
MLS #
TB8415869
Days on Market
84
Taxes
$12,055 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1972
Lot Size
0.17 AC / 7,383 SF
Subdivision Name
INDIAN BEACH RE-REVISED
Township
30
View
Pool
Waterfront
No

Recent comparable sales

Median sold price

$1,450,000

Avg days on market

148

Sale-to-list ratio

86.1%

Indian Rocks Beach, FL

9 comparable properties found

$995,500 | 2706 1st Street, Indian Rocks Beach, FL 33785
1/2
1

$995,500

Sold 01/10/25

8
Bedrooms
4
Bathrooms
3,060
Square Feet
0.17
Acres
a view of house with outdoor space
1/53
2

$1,450,000

Sold 08/06/26

6
Bedrooms
4
Bathrooms
3,060
Square Feet
0.17
Acres
a view of a building with potted plants
1/2
3

$1,725,000

Sold 07/16/26

4
Bedrooms
4
Bathrooms
3,122
Square Feet
0.17
Acres
a balcony with wooden floor
1/2
4

$1,250,000

Sold 07/21/25

4
Bedrooms
4
Bathrooms
2,728
Square Feet
0.12
Acres
an aerial view of a house with a lot of residential buildings
1/2
5

$1,200,000

Sold 05/28/26

5
Bedrooms
4
Bathrooms
2,373
Square Feet
0.21
Acres
an aerial view of residential houses with outdoor space
1/2
6

$4,037,000

Sold 08/07/25

6
Bedrooms
4
Bathrooms
3,100
Square Feet
0.18
Acres
$1,723,500 | 2211 Bay Boulevard, Indian Rocks Beach, FL 33785
1/2
7

$1,723,500

Sold 12/10/25

8
Bedrooms
8
Bathrooms
3,918
Square Feet
0.16
Acres
a front view of a house with a garden
1/98
8

$3,800,000

Sold 07/10/26

5
Bedrooms
4
Bathrooms
3,090
Square Feet
0.29
Acres
$1,200,000 | 2707 1st Street, Indian Rocks Beach, FL 33785
1/2
9

$1,200,000

Sold 01/21/25

6
Bedrooms
5
Bathrooms
2,907
Square Feet
0.17
Acres

Location

Listing Courtesy of ENGEL & VOLKERS MADEIRA BEACH, Evan Pedone; ENGEL & VOLKERS MADEIRA BEACH, Ashley Pedone

Sold By ENGEL & VOLKERS MADEIRA BEACH, Evan Pedone

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Building Information for 2011 1st Street

Stories-Residences2Year Built1972Building Size-Lot Size0.17 AC / 7,383 SF

Payment Calculator

$8,756 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,751

Property Taxes

$1,005

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2011 1st Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3112.0
  • Building Area Units: Square Feet
  • Directions: From West Bay Dr, travel west over the Belleair Bridge. Turn left onto Gulf Blvd. Turn left onto 21st Ave. House on corner of 21st Ave and 1st St.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2011
  • Street Name: 1ST
  • Street Suffix: STREET
  • State: FL
  • City: INDIAN ROCKS BEACH
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 54
  • Tax Book Number: 5-6
  • Tax Legal Description: INDIAN BEACH RE-REVISED BLK 54, LOT 1
  • Tax Lot: 1
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, Near Public Transit
  • Lot Size Dimensions: 63 x 120
  • Parcel Number: 013014420300540010
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 2824
  • Property Info: Corner Unit
  • Lot Dimensions: 63 x 120
Property and Assessments
  • Year Built Numeric: 1972
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 14
  • Public Survey Section: 01
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Irrigation System, Outdoor Shower, Sliding Doors
  • Foundation Details: Slab
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: Yes
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric
  • Interior Features: Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
  • Unit Count: 2
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 2011 1st Street

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Sold

MFRMLS #TB8415869

$1,525,000
Dec 3, 2025

Sold (Public Record)

Public Record #1923130320

$1,525,000

+23.9% / yr

Nov 1, 2025

Pending

MFRMLS #TB8415869

DateEvent & SourcePrice
12/08/2025

Sold

MFRMLS #TB8415869

$1,525,000
12/03/2025

Sold (Public Record)

Public Record #1923130320

$1,525,000

+23.9% / yr

11/01/2025

Pending

MFRMLS #TB8415869

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

Public Records for 2011 1st Street

Taxable ValueLand$399,916Additions$100,084Total$500,000
Tax Record2024$12,055 ($1,005 / month)
Home Facts
Baths4Total Finished SqFt2,824 SqFtAbove Grade Finished SqFt2,824 SqFtStories1Lot Size7,383 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Year Renovated1978CountyPINELLASAPN01-30-14-42030-054-0010

Schools near 2011 1st Street

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Anona Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

Largo High School
Public9 to 12

Pinellas County Jail
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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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ENGEL & VOLKERS MADEIRA BEACH, Evan Pedone; ENGEL & VOLKERS MADEIRA BEACH, Ashley Pedone

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: 12/10/2025 11:22 AM