2707 1ST STREET

INDIAN ROCKS BEACH, FL 33785

TROPICAL KEY WEST STYLE 2 VILLAS - INDIAN ROCKS BEACH! ONLY 2 BLOCKS TO THE BEACH! UNIQUE OPPORTUNITY to live in a stunning home with a spacious extra apt/ mother-in-law home. ZERO STORM DAMAGES! Newer construction, Elevated building! Lovingly, well-built and occupied by IRB's former Mayor, this beautiful main house (Villa 1/east side) is 3 bedrooms + enclosed office, 2.5 bathrooms, 2 car garage tandem style parking. Stunning great room with high vaulted ceiling, custom Mexican Saltillo tile floors, built-in shelving and loads of windows, French doors accessing private wrap around porch. Private office/den located right off Great room with light & bright atmosphere with more windows and French pocket doors opening to the Great room. Villa #2 (west side) is generous 2 bedrooms, 2 bathrooms, about 940 sq ft, loads of storage, 3 covered parking spaces. Featuring a great room plan plus a private porch overlooking the garden. New metal roof 2017. BOTH homes have private covered porches, inside laundry closets with full size washer dryer in each unit. See attached list of upgrades & FAQs. Lots of room on south and west side of property for pool, hot tub, gazebo, tiki huts - check with City of IRB for permitting requirements. Highly desirable location, newer construction, elevated building, over 20 years steady rental income! SEPARATE WATER and ELECTRIC METERS! Currently rented to long term, very nice tenants at below market rent due to being listed for sale/showings (leases are currently month to month). Live in one and rent out other! SHORT TERM RENTALS ALLOWED. ADJACENT south quadplex property for sale as well. Great chance to have a fantastic vacation resort or knock down and build new. Unlimited opportunities and income for the right beach loving owner! Located within walking distance to local restaurants, attractions including the IRB Nature Preserve, many park, tennis/pickleball, basketball, baseball field, skateboard park, playground. EASY, convenient access to the beautiful Gulf beaches via 27th Ave beach access, perfectly situated for both leisure and ease of commuting. BRING YOUR BOAT - community boat ramp nearby. This wonderful beach community offers waterfront activities, dining, and shopping, making it an ideal location. IRB is golf cart friendly. Many options with this unique property as primary residence with mother-in-law villa, 2nd home getaway with short term rentals (STR) - NO minimum nightly rental in IRB. AIRDNA estimates $240K gross rental as a STR. Well maintained, new owners will enjoy a worry-free lifestyle! VERY unique building design and opportunity! ***DO NOT DISTURB TENANTS***

Listing courtesy of LIZARD REALTY 7274552832



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Data last updated at: 2024-10-29 08:00 PM EDT