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$2,400,000

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8 BD

8 BA

3,512 SqFt

Active

1809 GULF BLVD Indian Rocks Beach, FL 33785

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Nancy Conde

nancy.conde@lptrealty.com +1(407) 486-6611

UPDATED:

09/20/2024 05:33 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,512 sqft

Price per Sqft $683

Subdivision Condo Del Mar Condo Condo

MLS Listing ID U8251379

Bedrooms 8

Full Baths 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1981

Annual Tax Amount $20,243

Lot Size 8,712 Sqft

Acres 0.2

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.

Location

State FL

County Pinellas

Community Condo Del Mar Condo Condo

Zoning P1 AND MF

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Laminate, Wood

Fireplace false

Appliance Convection Oven, Dishwasher, Disposal, Electric Water Heater, Refrigerator

Laundry Laundry Closet, Laundry Room

Exterior

Exterior Feature Balcony, Outdoor Shower, Sliding Doors

Garage Spaces 2.0

Fence Fenced

Pool In Ground

Community Features Buyer Approval Required, Pool

Utilities Available Cable Connected, Public

Waterfront false

View Water

Roof Type Shingle

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description Flood Insurance Required, FloodZone

Story 3

Entry Level One

Foundation Stilt/On Piling

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Others

Pets Allowed Size Limit, Yes

HOA Fee Include Pool

Senior Community No

Pet Size Small (16-35 Lbs.)

Ownership Condominium

Acceptable Financing Cash, Conventional, Special Funding

Membership Fee Required None

Listing Terms Cash, Conventional, Special Funding

Num of Pet 2

Special Listing Condition None

Listed by LPT REALTY, LLC

Learn More About LPT Realty

Nancy Conde

Agent | License ID: SL3463040

+1(407) 486-6611

Nancy Conde

1809 GULF BLVD Indian Rocks Beach, FL 33785

Nancy Conde

Key Details

Location

Interior

Exterior

Building

Others

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1809 GULF BLVD