2011 1st Street, INDIAN ROCKS BEACH, FL

$1,495,000

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8

Beds

4

Baths

2,824

Square feet

0.17

Acres

About 2011 1st Street

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.

Features of 2011 1st Street

MLS® # TB8415869
Price $1,495,000
Bedrooms 8
Bathrooms 4.00
Square Footage 2,824
Acres 0.17
Year Built 1972
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 2011 1st Street
Area Indian Rocks Bch/Belleair Bch/Indian Shores
Subdivision INDIAN BEACH RE-REVISED
City INDIAN ROCKS BEACH
County Pinellas
State FL
Zip Code 33785-3852

Amenities

View Pool
Is Waterfront No
Has Pool Yes

Interior

Interior Features Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
Appliances Dryer, Range, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air
Fireplace No

Exterior

Exterior Features Irrigation System, Outdoor Shower, Sliding Doors
Lot Description Corner Lot, Flood Insurance Required, FloodZone, Near Public Transit
Roof Shingle
Foundation Slab

Additional Information

Date Listed August 9th, 2025
Days on Market 56
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeENGEL & VOLKERS MADEIRA BEACH

Listing Map

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