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2011 1ST STREET

Multi-family Active With Contract
$1,495,000

BTC: 49.83333333

ETH: 747.50000000

-$104K (2025/08/19)
84 days
8 bds
2,824 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. An exceptional investment opportunity in the heart of Indian Rocks Beach, this fully remodeled 8-bedroom, 4-bathroom duplex is just 1.5 blocks from the Gulf of Mexico and offers rare short-term (daily) rental eligibility—a sought-after feature in this coastal market. Each side of the duplex is a spacious, independent 4-bedroom, 2-bathroom unit, making this a unique find for investors or owner-operators looking to maximize returns by catering to large groups and multi-family travelers. Properties of this size with daily rental zoning are increasingly hard to find, especially ones that require no updates and are fully turn-key. Both sides of the home are thoughtfully laid out to support comfort and functionality, featuring dual living rooms, well-appointed kitchens, in-unit laundry, and private screened-in porches. Each side also has access to its own private hot tub and shares a new heated pool. Additionally, both units feature full-size washer and dryer sets, along with ultra-high efficiency mini-split HVAC systems installed in 2024 to ensure year-round comfort. A new roof, installed in 2021, provides added peace of mind. The layout and amenities not only enhance guest experience but also allow flexible rental options: operate as two separate vacation rentals, combine them under one listing to attract large retreats or family reunions, or operate as an owner living in one side while renting the other. The coastal vibe evokes a sense of relaxation and serenity. Guests love the on site beach gear and easy 3 minute walk to the beach for enjoying waves, water sports and sunsets. Local dining and attractions like mini golf and a water park are minutes away, making vacationing here fun and hassle-free. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks.  From an investment standpoint, the home checks every box: prime location in a popular Gulf Coast town, legal daily rentals, and a configuration that directly serves one of the most underserved segments in the short-term rental market—large groups. Whether you're looking to build a high-performing vacation rental portfolio or live in one unit while renting the other, this duplex delivers rare scale, flexibility, and income potential in a vibrant beach community.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
0.17 Acres
Heating:
Central / Electric
Price/sqft:
$529
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Outdoor Shower / Sliding Doors

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 013014420300540010

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $12,055

  • Source details

    • MLS ID: TB8415869

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Other

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone / Near Public Transit

    • Pool Features: Gunite / Heated / In Ground / Lighting / Salt Water

    • Living Area: 2824

    • Water Source: Public

    • Lot Size Dimensions: 63 x 120

    • Subdivision Name: INDIAN BEACH RE-REVISED

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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: ENGEL & VOLKERS MADEIRA BEACH