$2,400,000 for Sale

1809 gulf boulevard , indian rocks beach, FL 33785

Beds 8 Baths 8 3,512 Sqft 0.20 Acres 1 of 99
Property Description
2024 improvements and renovations include: four (4) brand new central HVAC systems in each condo unit. Exterior pressure wash, paint, and wood replacement from balconies. Property recently completed a clear Phase 1 condo study (8/2024) with no issues or assessments required. Rare turn key opportunity to acquire Four (4) fee simple condominiums in one free standing building across the street from the sugary sands of Indian Rocks Beach! Since all units are under the same ownership there are no monthly condo/HOA fees, nor assessments required! Del Mar Condos features four induvial units(B1,B2,C1,C2) which all share a similar 2 bedroom/ 2 bathroom floor plan about 878sqft each with an open kitchen concept, living room, dining area, in unit washer and dryer, and front covered balconies to enjoy sunset beach views. The condo units are operated as a successful short term rental business with no minimum rental restrictions which results in endless revenue growth potential for the next owner/STR operator. Each unit comes meticulously furnished with carefully selected handpicked designer finishes from decorative pillows, coordinating linens, all to create different themes in each unit to keep guest coming back year after year. All units must be SOLD Together with all furnishings, bedding, patio set/ outdoor furniture, and essential items to operate STR/Bed and Breakfast. In addition, each unit has its own, VERY HARD TO FIND on the beaches, 2 car tandem garages with front and rear access roll up doors to accommodate for storage, guest parking, plus the large ample paver parking driveway. Due to the elevated construction style of this building over the tandem garages flood insurance is a fraction of the cost ($4,100/annually) compared to other beach front properties. In addition to low flood insurance premiums, Hazard insurance will be grossly discounted due to all units having newer impact resistant windows and double pane sliding glass doors on all 4 balconies, and a Brand-new dimensional shingle roof installed in 9/2022. All units have been renovated in the past to include granite countertops, solid real wood cabinets, newer appliances, newer hot water heaters, flooring and interior Paint. DEL MAR CONDOMINIUMS sit strategically directly across street from TWO (2) beach access points and walking distance to many venues and dinning on IRB. After a long day on the beach, you can enjoy your time in the tropical oasis backyard pool and/or hot spa that is shared only between 4 residences. There are additional zoning benefits to future owners as this property sits in Multifamily and P1 (professional office zoning district) that allows bed and breakfast and other commercial uses advantageous to traditional residential zoning. Please inquire for additional zoning information from the city of Indian rocks beach. Since this property is operating as a STR please schedule an appointment and do not walk the property or speak to guest. All units must be sold together per owner’s request. Please inquire and act now to secure this rare investment opportunity on Indian rocks beach. All information in this listing is for informational purposes and buyer(s)/buyer’s agents are responsible for independently verifying any and all information.
General Information
Sale Price: $2,400,000
Price/SqFt: $683
Status: Active
MLS#: U8251379
City: indian rocks beach
Post Office: indian rocks beach
County: Pinellas
Subdivision: condo del mar condo condo
Acres: 0.2
Bedrooms:8
Bathrooms:8   (8 full, 0 half)
House Size: 3,512 sq.ft.
Acreage: 0.2 est.
Year Built: 1981
Property Type: Condominium
Style:
Features & Room Sizes
Paved Road:  Paved
Construction:  Wood Frame
Exterior Misc:  Balcony, Outdoor Shower, Sliding Doors
Pool:  Yes
Pool Description:  In Ground
Basement:  No
Foundation :  Stilt/On Piling
Appliances:  Convection Oven, Dishwasher, Disposal, Electric Water Heater, Refrigerator
Cooling:  Central Air
Heating:  Central
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $20,244
Legal Description:  CONDO DEL MAR CONDOMINIUMS CONDO UNIT B-1,B-2,C-1,C-2


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Ben Mitrano PA of LPT REALTY, LLC, Phone: 877-366-2213
(218) 428-5652 Call Mike Johnson for more information about this property.

Ask me about this property

Listings Presented by:
Mike Johnson
Call:
(218) 428-5652

Office:
(218) 428-5652

View My Listings

This Home located at
1809 gulf boulevard, indian rocks beach FL 33785
is currently for sale priced at $2,400,000 and was listed on July, 24, 2024 and has been on the market for 114 days and was last updated on September, 20, 2024.

1809 gulf boulevard has 8 bedrooms, 8 bathrooms, and approximately 3,512 square feet. with 0.2 acres and was built in 1981. 1809 gulf boulevard is in the 33785 ZIP Code area of indian rocks beach.

If you have any question about this property or any others, please don't hesitate to contact me.