2308 Bay Boulevard

Indian Rocks Beach, FL 33785

$2,100,000
Price
10
Beds
3,820 Sq. Ft.
$550 / Sq. Ft.
3,820
Sq. Ft.
$550
per Sq. Ft.

Description

Indian rocks beach investment property Includes a new roof with full cat 4 hurricane rated straps A unique opportunity to own a turnkey investment property in this quiet location. Nestled between the Gulf & Intracoastal. Beach access, a short 2-minute walk at the end of 24th Ave N, and a small park on deep-water Intracoastal across the street. The current owner has owned and meticulously maintained the property for over 20 years. No Rental Minimum and NO HOA! The property consists of 5 separate –...Indian rocks beach investment property Includes a new roof with full cat 4 hurricane rated straps A unique opportunity to own a turnkey investment property in this quiet location. Nestled between the Gulf & Intracoastal. Beach access, a short 2-minute walk at the end of 24th Ave N, and a small park on deep-water Intracoastal across the street. The current owner has owned and meticulously maintained the property for over 20 years. No Rental Minimum and NO HOA! The property consists of 5 separate – 2 bed / 1 bath units all updated and maintained. Each unit has a private patio and Washer/Dryer hookup/storage area. Live in one unit and rent out the rest or use a local management company and have a hands-free Seasonal/VRBO/Airbnb income rental The windows are hurricane impact! Non-smoking building, inside and out. The Kitchen appliances include: Refrigerator, Range, Dishwasher, and built-in Microwave. This property has 2 parking spaces per unit plus guest parking! The only property of its size for Indian Rocks Beach (IRB) with this amount of parking. Block construction, Block walls between each unit, and firewalls between apartments in the attic. Each unit is metered separately for Electric, Water/Sewer. The building shows pride of ownership. Currently Tenant Occupied and Annual Lease to 2024 - $96,062K. An increase in revenue is easily attainable as current rents are below market value. Perfect setup to convert to Airbnb. Comparable Short-Term Rentals in Indian Rocks Beach $200-$250k in gross income. Buyer to verify comparable income. Please do not disturb tenants! Schedule a Private Showing today.
  1. Listed by Karen Apa • PREMIER SOTHEBYS INTL REALTY

Property Details for 2308 Bay Boulevard

Subdivision Name
INDIAN BEACH RE-REVISED 16TH ADD
Township
30
Waterfront
No

Location

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Karen Apa
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LISTING UPDATED: 04/12/2024 06:35 AM

Property Details for 2308 Bay Boulevard

StatusActive
MLS #U8211094
Days on Market239
Taxes$12,460 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1972
Lot Size0.21 AC / 9,361 SF
CountyPinellas County

Location

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Karen Apa
Add your commute

Building Information for 2308 Bay Boulevard

Stories-Residences5Year Built1972Building Size-Lot Size0.21 AC / 9,361 SF

Payment Calculator

$12,499 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$1,038

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2308 Bay Boulevard

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Head West on W Bay Dr towards the Gulf of Mexico. Go left (south) on Gulf Blvd. Make a left on 24th Ave N. Go to the end to Bay Blvd. Building on the right. No Sign.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2308
  • Street Name: BAY
  • Street Suffix: BOULEVARD
  • State: FL
  • City: INDIAN ROCKS BEACH
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 34-23
  • Tax Legal Description: INDIAN BEACH RE-REVISED 16TH ADD LOT 17
  • Tax Lot: 17
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 60x156
  • Parcel Number: 06-30-15-42318-000-0170
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 3820
  • Lot Dimensions: 60x156
Property and Assessments
  • Year Built Numeric: 1972
  • Flood Zone Code: AE
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 06
Utilities
  • Green Energy Efficient: Windows
  • 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, Sidewalk
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 10
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Tile
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds, Impact Glass/Storm Windows
Multi Family
Multi-Family Information
  • Annual Net Income: $90,350.00
  • Unit Count: 5
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Pro Forma 1: 1950
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Pro Forma 2: 1850
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Pro Forma 3: 1800
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 1
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Pro Forma 4: 1850
  • Unit Type Type 4: 2 Bed/1 Bath
  • Unit Type Units Total 4: 1
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 2
  • Unit Type Pro Forma 5: 2100
  • Unit Type Type 5: 2 Bed/1 Bath
  • Unit Type Units Total 5: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Property History for 2308 Bay Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2308 Bay Boulevard

Taxable ValueLand-Additions-Total-
Tax Record2023$14,315 ($1,193 / month)
Home Facts
Baths5Total Finished SqFt3,946 SqFtAbove Grade Finished SqFt3,946 SqFtStories1Lot Size9,361 SqFtStyleMulti-Family Res (5+ Units)Year Built1972Year Renovated1989CountyPINELLASAPN06-30-15-42318-000-0170

Schools near 2308 Bay Boulevard

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

Largo High School
PublicPK to 12

Seminole Middle School
Public6 to 8

Charles Britt Academy
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.

Similar Homes

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2308 Bay Boulevard is a multi-family home for sale in Indian Rocks Beach, FL 33785. This property was listed for sale on August 12, 2023 by PREMIER SOTHEBYS INTL REALTY, it's currently listed at $2,100,000. It has been on the market for a total of 239 days and was last sold on April 2, 2003. This listing's school district is Pinellas. Nearby schools include Anona Elementary School, Largo High School and Seminole Middle School. 2308 Bay Boulevard is a 10-bed, 0-bath, 3,820 sqft multi-family home built in 1972.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Karen Apa

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: 04/12/2024 06:35 AM