Active

$1,525,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 3060 sq ft
Overview
  • ID: MFRTB8530846
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 3060 sq ft
Property Details
Remarks
Exceptional investment opportunity just 500 feet from the Gulf with a straight walk to the 20th Avenue beach access. This beautifully renovated duplex consists of two identical mirror-image units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,500 square feet of living space. Each unit features its own private deck with a hot tub, while guests also enjoy a shared game room, mini golf turf area, and a shared driveway with carport parking for up to eight vehicles. The property has been operated as a single vacation rental, with both units rented together to accommodate larger groups. The property underwent an extensive renovation in 2024 following its 2023 purchase, creating a turnkey coastal retreat designed for both personal enjoyment and income potential. Whether you're looking for a beach retreat or a high-performing investment, this property offers an impressive rental history. Gross rental revenue was approximately $132,018 in 2025, with $121,367 already booked for 2026. Annual net income for 2025 was $94,450, and projected annual income for 2026 is $140,000. Ideally situated between the Indian Rocks Causeway and Causeway Boulevard, the property offers convenient access to US-19, making travel throughout Pinellas County a breeze. Enjoy being just minutes from local restaurants, shopping, and entertainment, including the Indian Rocks Shopping Center, with a straight drive to St. Pete–Clearwater International Airport for easy arrivals and departures. Schedule your private showing today to experience everything this exceptional coastal property has to offer.
Financial Considerations
Price:
$1,525,000
HOA Fee:
N/A
Tax Amount:
$18173.92
Price per SqFt:
$498.37
Tax Legal Description:
INDIAN BEACH RE-REVISED BLK 55, W 1/2 LOTS 5 & 6
Exterior Features
Lot Size:
7253
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway, Ground Level, Basement
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Luxury Vinyl
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1989
Construction Type:
Cement Siding, HardiPlank Type, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, Fence, Lighting, Private Mailbox, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    106 20TH AVE
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