Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

724 1ST STREET

Multi-family Active With Contract
$1,097,500

BTC: 17.14843750

ETH: 628.57961054

New
6 bds
2,400 sqft

Overview

Under contract-accepting backup offers. A Rare Opportunity in the Heart of Indian Rocks Beach! Welcome to an exceptional 3-unit multifamily gem in the highly coveted Indian Rocks Beach community - where lifestyle, location, and income potential align beautifully. Being sold with neighboring triplex (TB8486443). This property has been completely renovated from top to bottom, delivering peace of mind and modern appeal for today's savvy investor. Every detail has been thoughtfully refreshed, including new landscaping, a new privacy fence, and fully updated interiors throughout all units. Each residence features a spacious 2-bedroom, 1-bath layout, enhanced with brand-new modern appliances, sleek cabinetry, and stylish countertops. Two on-site laundry rooms adds convenience & value for tenants & guests. 8 Tandem parking spaces, brand new paved parking, all new rock landscaping- for low maintenance. The flexibility here is powerful: short-term rentals, AirBnB, or long-term leasing are all permitted, opening multiple income streams in one of the Gulf Coasts most desirable beach towns. Step outside and enjoy the charm of Indian Rocks Beach award-winning local restaurants, laid-back coastal vibes, and stunning white-sand beaches are just moments away. Even better, the beach is only a short walk from the property, making this an irresistible location for renters year-round. Whether you're expanding your portfolio or seeking a high-demand coastal investment, this is a rare opportunity to own a fully renovated, income-producing property in one of Florida's most beloved beach communities. Opportunities like this don't come often!

Location

Details

Type:
Residential Income
Parking:
Open
Year Built:
1974
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$457
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$600,000
$443K – $715K
Confidence Low
List vs. estimate
$497K above estimate
List $1,097,500 · +82.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$457
-35.4% vs. city median $707
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,490
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Parking

    • Open

    Property

    • Exterior Features: Other

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 123014598320040230

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,490

  • Source details

    • MLS ID: TB8500826

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Room

    • Window Features: Display Window(s)

    • Living Area: 2400

    • Water Source: Public

    • Subdivision Name: NEW HAVEN BEACH

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
Active With Contract
$975,000
House
5 bds · 4 ba · 3,212 sqft
COLLINS ESTATES PH III, LARGO
14263 SUNSHINE COURT
New
Active With Contract
$950,000
Condo/Co-op
2 bds · 2 ba · 1,100 sqft
SUNPLACE CONDO, INDIAN SHORES
19530 GULF BOULEVARD UNIT 1B
New
Active With Contract
$1,050,000
House
3 bds · 3 ba · 2,245 sqft
BELLEAIR ESTATES, BELLEAIR
1701 INDIAN ROCKS ROAD
New
Active With Contract
$1,088,888
House
4 bds · 3 ba · 2,982 sqft
COLLINS ESTATES PH III, LARGO
14067 JOEL COURT
New
Active With Contract
$799,000
House
5 bds · 3 ba · 2,244 sqft
YACHT CLUB ESTATES, LARGO
10436 SILHAVY DRIVE
Active With Contract
$1,299,900
House
2 bds · 2 ba · 2,187 sqft
BROWNS ADD TO RE-REV MAP OF INDIAN BEACH, INDIAN ROCKS BEACH
516 HARBOR DRIVE N
-$25K
Active With Contract
$800,000
Condo/Co-op
3 bds · 3 ba · 1,922 sqft
INDIAN SANDS CONDO, INDIAN SHORES
19937 GULF BOULEVARD UNIT B3
Active With Contract
$959,000
House
3 bds · 2 ba · 2,031 sqft
DREWS REP, SEMINOLE
13222 98TH AVENUE

Market around this address

Live counts in the same area.
View all

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: CENTURY 21 LIST WITH BEGGINS