Active

$419,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1224 sq ft
Overview
  • ID: MFRTB8489197
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1224 sq ft
Property Details
Remarks
Amazing investment opportunity for a savvy buyer! This charming duplex is already set up and operating as a successful mid-term rental, catering to traveling professionals, snowbirds, and those in need of temporary housing. Located on a tidal canal with a floating dock and brand new seawall already installed, the property offers direct access to the Gulf—perfect for boating, jet skiing, kayaking, or paddle boarding. Guests love fishing off the dock and often enjoy sightings of dolphins and manatees, adding to the unique waterfront experience. Both units are partially furnished. Each unit features 2 bedrooms, 1 bathroom, a private lanai, and its own stackable washer and dryer. The home has been well maintained, with a roof that’s only 5 years old and recent interior and exterior paint. There’s ample parking with space for up to four vehicles. There is no HOA, but owners have the option to join the Leisure Beach Civic Association for just $50/year, offering access to fun community events like cook-offs and a Christmas Boat Parade. Pasco County regulations, rentals under 30 days are not permitted, but there is strong demand for mid-term stays. This is an ideal opportunity for someone looking to break into the rental market or expand an existing portfolio. Even better—you can live in one unit and rent out the other.
Financial Considerations
Price:
$419,000
HOA Fee:
N/A
Tax Amount:
$6189.4
Price per SqFt:
$342.32
Tax Legal Description:
LEISURE BEACH UNIT 1 PB 9 PGS 139-140 S 28 FT OF LOT 213 & N 20 FT OF LOT 212
Exterior Features
Lot Size:
4800
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1972
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    12611 1ST ISLE
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