2307 Bay Blvd, Indian Rocks Beach, FL 33785
8 Unit Apartment Building | $5,900,000 ($737,500/Unit) | 3.22% Cap Rate | Indian Rocks Beach, FL 33785
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,900,000
- Property Type
-
Multifamily
- Square Feet
- 5,950 SF
Listing Contacts
Patrick Calhoon
Verified Profile
Chris Calhoon
Verified Profile
- Property Info
Property Overview
Spectacular and rare opportunity to purchase 8 remodeled apartments sitting on 3 waterfront lots with 6 deep water boat slips in highly desirable Indian Rocks Beach - Currently leased on an annual basis, the zoning permits short-term rentals, and the property is just 3 blocks from the sandy beaches of the Gulf of Mexico - many possibilities, as this could be a redevelopment site, condo conversion, or switch to profitable vacation rentals - Strictly confidential; tenants are unaware of potential sale - Shown By appointment only; Do not disturb tenants.
Property Details
- Class
- C
- Year Built
- 1969
- Stories
- 1
- Lot Size (sq. ft)
- 19,166 SF
- Units
- 8
Highlights
- Currently annually leased to tenants, this is an ideal short term rental property, allowed throughout the City.
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].