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819 E GULF BOULEVARD

Multi-family Recently Sold
$930,000

BTC: 31.00000000

ETH: 465.00000000

Sold on: 2023-01-25
38 days
Waterfront
4 bds
1,514 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Agent/Owner. DO NOT miss this opportunity to own a incredibly successful bungalow style vacation rental near the beach in IRB!!! This property is on the water, has an excellent rental history, and is just 1 and 1/2 blocks to the beach!! Each unit has 2 bedrooms and 1 bathroom and are mirror images of one another. The bungalow style duplex sits on a lot with a jungle feel surrounded by lush tropical foliage. The property is on a canal of the intracoastal waterway. Dolphins, manatee, rays, and many other types of aquatic life have been viewed from the large deck overlooking the water. A ladder has been installed on the seawall to assist with kayak and stand up paddle launches. There are many outdoor seating areas to enjoy. In addition to the deck overlooking the canal, each unit has a large covered front porch. There is a picnic table and bench swing in the front yard and an additional seating area off the back of Unit A. A new modified bitumen roof was installed in 2022. Both units are well maintained and appointed. Unit B has recent updates to include new kitchen counters, refinished cabinets, new tile backsplash, and new vinyl flooring. The units are separated by 2 small rooms with block wall construction which eliminates noise between the two units. One of the rooms is utilized as the laundry room for the units. The other is a storage room. There are no minimum rental period restrictions on vacation rentals in IRB! IRB is a fantastic community with year round events, surf shops, local parks, nature preserves, as well as bars, restaurants, etc. The annual IRB Christmas boat parade can be viewed from the deck overlooking the canal. Unit A has been utilized as a vacation rental. Owner has experienced high occupancy rates and has built a successful rental business inclusive of many return clients including repeat/month-long renters in Jan, Feb, and March totaling over $13k in revenue for that time period. Unit B has been owner occupied. Unit B is the preferable unit as it is closer to the water and has more recent updates. It is anticipated that Unit B should generate higher revenue than Unit A should it be utilized as a rental. Flood policy on the home is transferrable.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$694
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Eating Space In Kitchen

    • Open Floorplan

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Private Mailbox / Storage

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 123014474120000060

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Phone Available

    • Sewer Available

    • Sewer Connected

    • Street Lights

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,619

  • Source details

    • MLS ID: U8180159

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Flood Insurance Required / FloodZone / City Lot / Landscaped

    • Patio And Porch Features: Front Porch

    • Waterfront: Yes

    • Living Area: 1514

    • Water Source: Public

    • Lot Size Dimensions: 43 x 110

    • Subdivision Name: LA HACIENDA REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALEAN EVOLVE REAL ESTATE