About 1214 Bay Pine Boulevard
$75,000 in current Gross Annual Income. STR potential can exceed current income. Welcome to 1214 Bay Pine Blvd, an exceptional investment opportunity in the scenic coastal town of Indian Rocks Beach, Florida. This fully updated triplex, with no deferred maintenance, offers a unique blend of comfort and profitability. The property comprises two cozy studio apartments and a spacious 1100 sq ft main unit, each boasting new kitchens, appliances, flooring, and updated AC units. All units enjoy private patios, perfect for soaking up the Florida sunshine and the gentle sea breeze. Just steps from the beach, this corner property provides easy access to the intercoastal and the sparkling Gulf of Mexico. The location also offers convenient access to a variety of local amenities, ensuring a lifestyle of comfort and convenience. With its new exterior features including roof, landscaping, driveways, and lighting, and ample parking for 8-10 cars, this property is primed for generating rental income or serving as your dream beach getaway. With an oversized corner lot there is ample room to install a private pool. The property also features zoning flexibility and no short-term rental minimum, making it a versatile investment. Don't miss out on this rare opportunity to capitalize on all that Indian Rocks Beach has to offer.
Features of 1214 Bay Pine Boulevard
| MLS® # | U8230633 |
|---|---|
| Price | $949,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,480 |
| Acres | 0.16 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1214 Bay Pine Boulevard |
|---|---|
| Area | Indian Rocks Bch/Belleair Bch/Indian Shores |
| Subdivision | INDIAN BEACH RE-REVISED 1ST ADD |
| City | INDIAN ROCKS BEACH |
| County | Pinellas |
| State | FL |
| Zip Code | 33785-2834 |
Amenities
| Parking | Boat, Guest, Off Street, On Street, RV Parking |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments |
|---|---|
| Appliances | Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer |
| Heating | Central, Electric |
| Cooling | Central Air, Mini-Split Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Awning(s), Courtyard, Dog Run, Fenced, Garden, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Storage |
|---|---|
| Lot Description | Corner Lot, Flood Insurance Required, FloodZone, City Lot, Level, Near Public Transit |
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | February 12th, 2024 |
|---|---|
| Days on Market | 595 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | DOUGLAS ELLIMAN |
|---|