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407 18TH AVENUE

Multi-family Recently Sold
$1,695,000

BTC: 28.25000000

ETH: 970.79037801

Sold on: 2023-01-17
4 days
Waterfront
4 bds
2,016 sqft

Overview

You won’t want to miss this incredible investment opportunity in charming Indian Rocks Beach. This turn-key vacation rental quadplex, located on a quiet cul-de-sac has been beautifully renovated and lovingly maintained and is ready to start making you money. This gem of a property has endless opportunities and includes three, 1BR/1BA units and one studio. The Kailani (meaning sea and sky), is larger and has a washer/dryer and a beautiful view of the water, would make a great place to live while you rent out the other three units; another option would be to offer wedding packages and close family could stay in all four units. With 3 boat slips and a covered waterside deck, it makes a beautiful setting for guests to gather and enjoy the lush landscape and tropical breezes or use one of the grills to cook the day’s fresh catch. Wood-look tile floors in each of the units make for easy maintenance and eye-catching colors on the kitchen appliances and granite counters add to the overall vacation feel of the place. Additional features include a database of guests and an irrigation system. Indian Rocks Beach is a thriving community with a lively mixture of recreational activities including a Nature Preserve, parks, local restaurants, shopping and white sandy shores.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1951
Lot:
0.11 Acres
Heating:
Other
Price/sqft:
$841
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,012,500
$714K – $1.5M
Confidence Low
List vs. estimate
$682K above estimate
List $1,695,000 · +67.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$840
+18.8% vs. city median $707
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,980
2021
View
Water
Waterfront
Intracoastal Waterway
All facts and features
  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Solid Wood Cabinets

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Courtyard / Fenced / Irrigation System / Lighting / Outdoor Grill / Sliding Doors / Storage

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 013014420840010060

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $8,980

  • Source details

    • MLS ID: U8180955

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room / Outside

    • Lot Features: Flood Insurance Required / FloodZone / City Lot / In County / Near Public Transit

    • Window Features: Blinds

    • Other Structures: Shed(s) / Storage

    • Waterfront: Yes

    • Living Area: 2016

    • Water Source: Public

    • Lot Size Dimensions: 49 x 100

    • Subdivision Name: INDIAN BEACH RE-REVISED 3RD ADD

Private inquiry
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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 ©2026-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: COLDWELL BANKER REALTY