2400 1st Street

Sold 7/27/22
Sold 7/27/22
Indian Rocks Beach Apartments
Sold
Last Sold Price
$1,925,000
3,016 sqft$638/sqft
2400 1st St, Indian Rocks Beach, FL 33785
6,556 sq ftLot Size
1969Year Built
$638/sq ftPrice per sq ft

Description

The location of the Indian Rocks Beach Apartments – undoubtedly its most unique, indelible and prominent feature – places it virtually across the street from the 24th Avenue North public beach access point at Gulf Boulevard, a short walk to nearly three miles of powdery white sand along the glittering waters of Florida’s Gulf Coast. Although current residents have traditional annual leases, the Property may have far greater economic potential operated as the ideal hotel alternative catering to vacationers...The location of the Indian Rocks Beach Apartments – undoubtedly its most unique, indelible and prominent feature – places it virtually across the street from the 24th Avenue North public beach access point at Gulf Boulevard, a short walk to nearly three miles of powdery white sand along the glittering waters of Florida’s Gulf Coast. Although current residents have traditional annual leases, the Property may have far greater economic potential operated as the ideal hotel alternative catering to vacationers and visitors who prefer a unique and quiet beach experience, yet still desire close proximity to lively Clearwater Beach and Downtown St Petersburg after the sun goes down. Travelers from around the world love vacationing on Indian Rocks Beach. Legendary for its laid-back character, Indian Rocks Beach is the perfect destination for vacationers seeking relaxation with a side of good food and drink where they can walk for miles looking for shells in the sand, and dolphins in the surf. Just one mile north of the Property is the modern Bellaire Causeway providing quick and trouble-free access to the Mainland where grocers, retailers, top-rated hospitals, fashionable shops and essential services can be found. Constructed in 1969 of solid block masonry on a durable concrete slab, the Property offers Studio, One-Bedroom, and Two-Bedroom floorplans. The spacious One and Two Bedroom residences are equipped with Central Air Conditioning systems while highly efficient and low-cost Package AC Units keep the Studios comfortable year-round. Fabricated of resilient metal, the Property’s distinctive silver roof enhances energy efficiency, lowers maintenance costs, and extends life expectancy. Ample off-street parking accommodates eight full-size vehicles. Upgraded windows, professionally landscaped grounds, and an enclosed courtyard with outdoor grilling and seating areas contribute to enhance the Property’s charm and coastal beach ambiance. Interiors feature distinctive terrazzo or tile floors, eat-in dining, ceiling fans, vintage Florida-inspired bathrooms, linen closets, pantries, wood plank ceilings, and a separate exit to an enclosed courtyard. Each unit has an electric meter, and hot water heater. There is a single meter for city provided water, sewer, and trash removal. After a relaxing day of fun in the sun, the energy of Clearwater Beach is only a few minutes’ drive north via the Clearwater Pass Bridge. Renowned for its top-ranked Gulf Coast cuisine, world-class resorts, lively festivals, exhibits, and music concerts Clearwater Beach also offers a multitude of outdoor activities. Every night is a celebration of the sunset at Pier 60 where artisans, crafters, and musicians amaze with spectacular feats of skill and performance. Ranked among the top beaches in the world, Clearwater Beach offers dazzling white sand, emerald waters, and unique attractions that include a fishing pier with covered pavilions, one-off boutiques, and an expansive playground popular with kids and adults alike. The Property’s extraordinary location on Indian Rocks Beach – arguably the most “AirBNB Friendly” beach community in all of Pinellas County – could make it the ideal acquisition candidate for discerning investors seeking to establish a foothold on one of the Florida Gulf Coast’s most popular beaches, satisfy a 1031 Exchange, and/or expand, enhance and further diversify their existing portfolio of high-quality commercial real estate investments.
  • Listed by: Patrick Whitney 727.450.6575 patrick.whitney@cbcmultifamily.com Brokerage DRE #2010206 • COLDWELL BANKER REALTY
Listing closed: 07/27/2022 12:00 AM • Source: MFRMLS, MLS#: U8164870

Recent comparable sales

Median sold price

$787,000

Avg days on market

94

Sale-to-list ratio

80.4%

Indian Rocks Beach, FL

9 comparable properties found

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1803 Bay Boulevard, Indian Rocks Beach, FL 33785

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114 12th Avenue, Indian Rocks Beach, FL 33785

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Location

Listing Courtesy of COLDWELL BANKER REALTY, Patrick Whitney

Sold By DOUGLAS ELLIMAN, Roberta Accioly

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$10,615 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,785

Property Taxes

$831

HOA Dues

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Property Information for 2400 1st Street

Property Details
  • Taxes: $9,969 / year
  • MLS Type: Sale / Residential / Building / 5
  • County: Pinellas County
  • Subdivision Name: INDIAN BEACH RE-REVISED
  • Township: 30
  • Waterfront: No
Building Information
  • Residences: 6
  • Year Built: 1969
  • Lot Size: 0.15 AC / 6,556 SF
Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Proceed south on Gulf Boulevard from the Belleair Causeway (aka West Bay Drive) to 24th Avenue North on Indian Rocks Beach, and turn left (east). The Indian Rocks Beach Apartments is located on the first block east of Gulf Boulevard situated at the Northwest corner of 1st Street and 24th Avenue North.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2400
  • Street Name: 1ST
  • Street Suffix: STREET
  • State: FL
  • City: INDIAN ROCKS BEACH
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 40
  • Tax Book Number: 5-6
  • Tax Legal Description: INDIAN BEACH RE-REVISED BLK 40, S 55FT OF LOT 6
  • Tax Lot: 6
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 55 x 120
  • Parcel Number: 013014420300400060
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 3016
  • Lot Dimensions: 55 x 120
Property and Assessments
  • Year Built Numeric: 1969
  • Flood Zone Code: AE
  • New Construction: No
  • Public Survey Range: 14
  • Public Survey Section: 01
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Brick
  • Exterior Features: Fenced
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central, Wall Units / Window Unit
  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $203,675.00

Property History for 2400 1st Street

DateEvent & SourcePriceAppreciation
Jul 27, 2022

Sold (Public Record)

Public Record #1495314165

$1,925,000—
Jul 27, 2022

Sold

MFRMLS #U8164870

$1,925,000—
Jun 10, 2022

Pending

MFRMLS #U8164870

—
DateEvent & SourcePrice
07/27/2022

Sold (Public Record)

Public Record #1495314165

$1,925,000
07/27/2022

Sold

MFRMLS #U8164870

$1,925,000
06/10/2022

Pending

MFRMLS #U8164870

—

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

Public Records for 2400 1st Street

Taxable ValueLand-Additions-Total-
Tax Record2025$16,837 ($1,403 / month)
Home Facts
Baths6Total Finished SqFt3,016 SqFtAbove Grade Finished SqFt3,016 SqFtStories1Lot Size6,556 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1994CountyPINELLASAPN01-30-14-42030-040-0060

Schools near 2400 1st Street

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Anona Elementary School
Public - PK to 5
Seminole Middle School
Public - 6 to 8
Largo High School
Public - 9 to 12
Pinellas County Jail
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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2400 1st Street, Indian Rocks Beach, FL 33785
$1,925,000
–
–
3,016
6,556
2504 Coral Court, Indian Rocks Beach, FL 33785
$809,359
3
1,934
1,202
2402 1st Street, Indian Rocks Beach, FL 33785
$550,000
1
599
1,520
2404 1st Street, Indian Rocks Beach, FL 33785
$1,350,000
–
–
2,389
8,120
2314 1st Street, Unit 2, Indian Rocks Beach, FL 33785
–
–
–
870
–
2314 1st Street, Unit 1, Indian Rocks Beach, FL 33785
$143,000
3
1,550
7,178

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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 COLDWELL BANKER REALTY, Patrick Whitney

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: 07/28/2022 03:32 PM