Under contract-accepting backup offers. Auction Property. SALE HELD AT THE PROPERTY ON SATURDAY FEBRUARY 8th AT 11:00 am. Preview from 10:00 am on sale day. Because this is an auction sale, the home may sell for less or more than the list price. Waterfront Multifamily 4-plex has Deep water with direct access to the Gulf of Mexico is a income-generating property that offers flexible rental opportunities, including SHORT-TERM rentals. The previous owner used the property as an Air B&B. Located on picturesque Deep-Water Cove leading to the Intracoastal Waterway, it is a dream come true for investors or those seeking the ultimate Florida lifestyle. Ideally located just blocks from the sugar-white sands of Indian Rocks Beach. Each of the four identical units boasts a spacious 2-bedroom, 2-bathroom layout. Two units feature serene open-water views, while the other two enjoy charming street views. Inside, discover modern updates with new or brand-new appliances and fixtures, perfect for long-term, seasonal, or vacation rentals. Premier waterfront amenities set this property apart. A private dock includes one 13,000-lb boat lift and two jet ski lifts, with additional space for more watercraft. Boaters will appreciate the easy access to the Gulf of Mexico, while fishing enthusiasts can cast their lines right from the dock. The fully brick-paved patio provides an ideal outdoor dining and relaxation setting, and endless dolphin sightings add to the charm. Other highlights include a shared laundry room for tenant convenience, ample parking, a dedicated carport space for each unit, and extra guest parking. This property is close to city parks featuring tennis and basketball courts, playgrounds, and recreational amenities. With no rental minimums and Close access to local dining, entertainment, a trolley, and the Beach, the property offers endless potential as a turnkey investment. The bottom two units were damaged during the last storm. Electrical, Plumbing, Bathrooms, and More are complete. However, drywall, lower cabinets, etc., are needed. This is a Great Opportunity for a High-Income Property. ........BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing...4-Pont Inspection uploaded Shortly and will be available at the Sale. Prospectus attached. WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE
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Estimated Monthly Payment
Purchase Price:
$1,500,000
Principal + Interest
$0
(0%)
Property Tax
$0
(0%)
Home Insurance
$0
(0%)
HOA/Condo Fee
$0
(0%)
Mortgage Insurance
$0
(0%)
Monthly Payment
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
Price & Tax History
Price History
Tax History
Date
Event
Price
02/05/2025
Price Decrease
$1,500,000
(-3.23%)
01/29/2025
Price Decrease
$1,550,000
(-22.5%)
01/14/2025
Listed
$2,000,000
(+122.22%)
03/28/2018
Sold
$900,000
(+42.86%)
12/12/2003
Sold
$630,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$21,909
(+22.19%)
$1,485,000
No Breakdown Available
2022
$17,930
(+70.18%)
$1,075,000
Land 787,244 +
Additions 287,756
2021
$10,536
(+5.36%)
$622,074
No Breakdown Available
2020
$10,000
(+6.32%)
$573,706
No Breakdown Available
2019
$9,405
(-11.57%)
$524,425
No Breakdown Available
2018
$10,636
(-2.04%)
$571,413
Land 349,162 +
Additions 222,251
2017
$10,858
$606,445
Land 378,200 +
Additions 228,245
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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