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407 18TH AVENUE

Multi-family Recently Sold
$686,000

BTC: 22.86666667

ETH: 343.00000000

Sold on: 2020-02-18
27 days
Waterfront
0 room(s)
2,016 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Attention investors and savvy home buyers! Here is an excellent investment opportunity to purchase a 4 unit rental building in the highly desirable Indian Rocks Beach community. This community still allows for SHORT TERM AND LONG TERM RENTALS!! Property is located 2 blocks from the turquoise waters of the Gulf of Mexico and is directly on the Intercoastal Waterway. It lies within a Cul De Sac road, so traffic is not a concern. Quadplex consists of (3) 1bed/1bath with full kitchen apartments and (1) studio apartment with an efficiency kitchen area. Each apartment is on a separate electrical meter. There is also an electrical source on the dock for the boats with its own meter. Unit 4 has a direct view of the Intercoastal Waterway from the apartment - it would make a fabulous home while you rent out the remaining units as income. In addition to the Quadplex. There are 3 boat slips available for use -which may be rented out as well. A small grilling and patio area is located to the back of the property so visitors can entertain people during the summer time. Roof is 2008, AC units in homes are less than 3 years old. Sod and brand new exterior painting was completed Dec 2019. The opportunities are endless. It is located close to local restaurants, night life, and shopping, The Jolly Trolley stop is 2 blocks up the street Hurry, this investment opportunity will not last long.

Location

Facts and features

Type:
Residential Income
Parking:
Open
Year Built:
1951
Lot:
0.11 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$381
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

  • Parking

    • Open

    Property

    • Exterior Features: Sliding Doors

    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: $6,562

  • Source details

    • MLS ID: U8068391

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Patio And Porch Features: Patio

    • Waterfront: Yes

    • Living Area: 2016

    • Water Source: Public

    • Lot Size Dimensions: 49 x 100

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

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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: KELLER WILLIAMS RLTY SEMINOLE