$720,000

$747,000 3.6%

Est. payment - /mo

2 Beds

2 Baths

720 SqFt

UPDATED:

Key Details

Sold Price $720,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $1,000

Subdivision Indian Rock South Shore

MLS Listing ID TB8478077

Sold Date 05/29/26

Bedrooms 2

HOA Y/N No

Year Built 1947

Annual Tax Amount $5,602

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 36x45

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Cozy 2-Unit Beach Cottage! This is an incredible investment opportunity that comes fully furnished and turn-key. You can enjoy absentee ownership with a property manager living next door to handle all responsibilities, including all communication with guests and overall management of the two units. Seller spends an average of 1 hour per month on this investment. The cottage has a fantastic track record on Airbnb, boasting a 4.85 out of 5-star rating from more than 700 reviews. Both units are close to 100% rented through July and are filling up quickly for the rest of the year, meaning you can start receiving income the very day you close. The cottage is ideally situated only steps from Indian Shores beach. Plus, conveniently located just across the street is a Coffee shop; a Beach store; Bike and scooter rental; other shops; a Bar and Restaurant with a trolley stop and pedestrian crosswalk about 50 feet away. The units are consistently kept modern and up-to-date. The cottage has been generating income for several years. The average gross revenue for the most recent years is over $90,000 annually, providing a higher than 6% CAP rate. Contact the agent/owner for further details and links to the Airbnb listings. The longtime property manager is also interested in continuing with the new owner, which is a huge plus! Enjoy the beautiful Gulf beaches—just steps away from the sand and the Gulf of Mexico, with plenty of restaurants and shopping nearby. It's a perfect spot and a great investment!

Location

State FL

County Pinellas

Community Indian Rock South Shore

Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Stone Counters

Heating Electric, Heat Pump

Cooling Mini-Split Unit(s)

Flooring Ceramic Tile, Vinyl

Furnishings Turnkey

Fireplace false

Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup

Exterior

Exterior Feature Fence, Lighting

Parking Features Open

Community Features Street Lights

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

View Y/N 1

Water Access 1

Water Access Desc Beach

View Water, Beach, Gulf/Ocean - Partial

Roof Type Shingle

Porch Front Porch, Patio, Rear Porch

Garage false

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, Paved

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Bauder Elementary-Pn

Middle Schools Seminole Middle-Pn

High Schools Seminole High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Read Less Info

Listed by Dave Hill RE/MAX ALLIANCE GROUP
Bought with Jennifer Gallace LUXURY & BEACH REALTY INC

Austin Tracy

Owner | License ID: #SL3427975

+1(941) 387-4259 | austin@ltrhomes.com

19652 GULF BLVD Indian Shores, FL 33785