Libby Payne
REALTOR®
BEDS4
BATHS
SQUARE FEET2,100
MLS#TB8459701
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBAHIA VISTA
Property Description
PRICED TO MOVE BELOW $1M: Fully Turnkey Coastal Triplex - Saltwater Canal Frontage & 1 Block to the Beach! Investor's paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach-all for under $1,000,000. Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor.The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today's high-end vacationers or an owner-occupant looking to live for free. Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests). Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager's quarters.Premium Upgrades Include: Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances. Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures. Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep. Slab-on-grade block construction on an expansive 5,500+ sq ft lot with ample open parking for guests.The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare best of both worlds layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly one block to the west to put your toes in the Gulf of Mexico. Guests can entirely bypass the car-boutique shopping, local culinary staples, and parks are all within casual walking distance.Versatile Investment Strategies: Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market. The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage. Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market.Sellers are highly motivated and ready to look at clean offers. Don't miss the window on this re-positioned luxury asset-schedule your tour today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Lot Size: 0.13 Acres
Roof Type: Other
Taxes: $13,914
Year Built: 1959
Amenities
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Lighting
Private Entrance
Private Mailbox
Sidewalk
Feature Descriptions
Annual Net Income: 44000.00
Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Days on Site: 154
Directions: From 275 exit Ulmerton Rd. go West to Gulf Blvd go North to 8th Ave N. to East Gulf Blvd go South to Property on your Left.
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Frontage Canal Salt: 12
Frontage ICW: 12
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Flood Insurance Required, FloodZone, City Limits, Paved
Lot Dimensions: 0.13
Other Equipment: Private Entrance
Ownership: Fee Simple
Patio/Porch: Covered, Front Porch, Patio, Porch
Property Attached Y/N: Yes
Property Sub-Type: Triplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Units: 3
Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Water: Public
Water Access: Canal - Saltwater
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Intracoastal Waterway, No Wake Zone, Seawall - Concrete
Water View: Canal, Intracoastal Waterway
Windows: Blinds, Double Pane Windows, Storm Window(s), Window Treatments
Local Schools
High School: Seminole High-PN
Middle School: Seminole Middle-PN
Elementary School: Ozona Elementary-PN
Listed By / Shown By
Listed By
Agency Name: CHARLES RUTENBERG REALTY INC
Agency Contact: 866-580-6402
Shown By
Agent Name: Libby Payne
Agent Phone: (386) 341-2429
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 6,773.59 per month $5,322.42 Principal & Interest $1,159.50 Property Tax $291.67 Homeowner's InsuranceChange Payment Information
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717 E Gulf Boulevard | MLS# TB8459701
This multi-family property located at 717 E Gulf Boulevard, Indian Rocks Beach, FL 33785 is currently listed for sale with an asking price of $999,999. Search Indian Rocks Beach real estate on libbypayne.adamscameron.com today.