1517 BAY PALM BLVD Indian Rocks Beach, FL 33785
3,548 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,548 sqft
Price per Sqft $253
Subdivision Indian Beach Re-Revised
MLS Listing ID TB8357783
Construction Status Fixer
HOA Y/N No
Originating Board Stellar MLS
Year Built 1953
Annual Tax Amount $15,820
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 50x190
Property Sub-Type Multi Family
Property Description
Located just steps from Kolb Park and a short stroll to the pristine beaches of Indian Rocks Beach, this 6-unit multifamily property is a rare find in a highly sought-after vacation destination. The building consists of five 1-bedroom, 1-bath units, one studio unit, and an on-site coin-operated laundry room—making it an ideal investment for short-term rentals, which are permitted by the city!
The property, built with durable block construction, sustained flooding from Hurricane Helene but has been professionally remediated and is now ready for updates. The buildings feature new roofs installed last year, providing a strong foundation for future improvements and increased rental potential.
With its prime location, this property offers strong income potential as a vacation rental or long-term investment, catering to beachgoers and seasonal visitors year-round. Best of all, the seller is also offering the 2-bedroom, 1-bath home across the street (MLS# TB8357777)—a perfect option for on-site management or additional rental income.
The seller prefers to sell both properties as a package and is offering owner financing with competitive rates and a substantial down payment. Don't miss this chance to own a turnkey investment property in a booming beachside market. Contact us today for more details or to schedule a private showing!
Location
State FL
County Pinellas
Community Indian Beach Re-Revised
Interior
Cooling Ductless
Exterior
Utilities Available Electricity Available, Sewer Nearby, Water Connected
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Fixer
Others
Ownership Other
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8357783
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