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822 1st St 3 Unit Apartment Building $975,000 ($325,000/Unit) Indian Rocks Beach, FL 33785
EXECUTIVE SUMMARY
This well-located triplex offers ample space and incredible potential. Recently affected by minimal storm damage, its ready for your improvements and set to generate short- or long-term rental income. With a successful rental history and short-term rental approval this property is primed for profitability. A letter from fema and the county confirms the property is ready for remediation and ready to get back to business. Don't miss out on this investment opportunity in one of the area's most sought after beach communities. Less than one block to beach access. Three 2 bed/1 bath units, ample parking, laundry room with storage, small private yard. Each unit has separate electric and water meters. Duplex next store may also be available. Fix it or tear down with lot prime location for multi family new build.
PROPERTY FACTS
| Price | $975,000 | Property Subtype | Apartment |
| Price Per Unit | $325,000 | Apartment Style | Garden |
| Sale Type | Investment | Building Size | 2,400 SF |
| Gross Rent Multiplier | 24 | No. Stories | 1 |
| No. Units | 3 | Year Built | 1973 |
| Property Type | Multifamily |
| Price | $975,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 24 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Size | 2,400 SF |
| No. Stories | 1 |
| Year Built | 1973 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+3 | 3 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 12-30-14-59832-002-0240 | Improvements Assessment | $50,115 |
| Land Assessment | $539,885 | Total Assessment | $590,000 |
PROPERTY TAXES
Parcel Number
12-30-14-59832-002-0240
Land Assessment
$539,885
Improvements Assessment
$50,115
Total Assessment
$590,000
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822 1st St
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