Active

$2,095,000

Features:
  • 10 Bedrooms
  • 5 Bathrooms
  • 3946 sq ft
Overview
  • ID: MFRTB8431349
  • Bedrooms: 10
  • Bathrooms: 5
  • Size: 3946 sq ft
Property Details
Remarks
Welcome to 2308 Bay Boulevard, your gateway to a life of beachside bliss in Indian rocks Beach, FL. Live in owners apartment as your primary residence and collect income on the additional four apartments. This multi-unit apartment building, with its ten bedrooms and five bathrooms, is a veritable treasure trove of opportunities. Owner operated for over 20 years excellently maintained and cared for. And, with all units fully renovated and updated, you'll find a unique combination of modern comfort and timeless charm. Each of the five units boasts two bedrooms, one bathroom, and a private outdoor patio space. The renovations are not only comprehensive but also fully permitted, ensuring peace of mind. Updates include new sheetrock, electrical, plumbing, flooring, solid wood kitchen cabinets with soft close hinges, countertops, and stainless steel appliances. All bathrooms include new vanities and tile as well as full-size tubs. The new paint and moldings add a fresh, contemporary touch, while the new roof (2024) with hurricane straps and high-impact hurricane windows ensure the property is ready to withstand the elements. Each unit is separated by a full interior firewall and access to each individual attic for extra storage space. Parking will never be a problem with space for 20 cars. For the entrepreneurs among you, the property comes with a hotel-motel license and is zoned for short-term rental and vacation rental. Each unit has its own electric and water meter, making utility management a breeze. Solid block construction ensures durability, and individual laundry rooms and storage closets in each unit add to the convenience. The location? It couldn't be better. A short walk takes you to public beach access, where you can soak up the sun and surf to your heart's content. Multiple restaurants within walking distance mean you'll never run out of new culinary experiences to try. So, what are you waiting for? This is a unique, ultra-specific opportunity that's as useful as it is urgent. Step into your new life at 2308 Bay Boulevard. The beach is calling.
Financial Considerations
Price:
$2,095,000
HOA Fee:
N/A
Tax Amount:
$15346
Price per SqFt:
$530.92
Tax Legal Description:
INDIAN BEACH RE-REVISED 16TH ADD LOT 17
Exterior Features
Lot Size:
9361
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
10
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1972
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Storage
Additional Features 2:
Indian Rocks Beach has No Rental restrictions. Airbnb / VRBO / Short-Term and Long-Term Rental. Has a Hotel License.
Map
  • Address
    2308 BAY BLVD
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  • Communication and Transparency
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