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$1,202,494Estimated home value

Beds
Unknown
sq ft
2,680

103 14th Ave, Indian Rocks Beach, FL 33785

103 14th Ave

INDIAN ROCKS BEACH, FL 33785

  • Sold On 10/19/2020
    • Price drop $26,000↓
Incredible investment opportunity on Indian Rocks Beach - zoned commercial and allows nightly rentals. Both units in this duplex feature 2 bedrooms and 2 bathrooms with indoor laundry and a massive garage that can hold 6 cars each. This location is perfect for entertaining and the beautiful Gulf Beaches are directly across the street. This property has been completely renovated with the finest materials and no expense spared. Everything in this solid concrete structure is brand new including a metal roof, AC, electric, all hurricane impact glass, beautiful tile floor, and custom kitchens with high-end appliances. Both units have large balconies to watch the beautiful sunsets. With an abundance of storage, you can have all of the beach toys including golf carts -- great for Indian Rocks Beach! One garage is even air conditioned. You can walk to local restaurants, nightlife, and shopping or ride the Jolley Trolley up and down the Gulf coast. This would also make a great property to live in one side and rent out the other unit. The opportunity is endless for this amazing property! Pro forma available upon request. Projected 10% cap rate! Duplex can be split into two condo units.

Details

Property type

Duplex

Est. home value

$1,202,494

Lot size

5,990 sq ft

Price per sq ft

$336

Year built

1980

Annual property taxes

$8,550.97

Price History

11/02/2024
StellarMLS

StellarMLS #U8249330

Removed
$1,950,000
08/14/2024
StellarMLS

StellarMLS #U8249330

Price change
$1,950,000
-11.36%
07/08/2024
StellarMLS

StellarMLS #U8249330

Listed
$2,200,000
+175%

Schools & Community

Elementary school: 

Anona Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Largo High-PN

Community features: 

Fishing, Playground, Sidewalks, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

North American Mortgage Co

Loan start date

February 1998

Original loan amount

$109,200

Est. remaining balance

Not provided

Interest rate

7.07%

Loan type

Commercial

Seller

David A Flick

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 11/03/2024 at 7:30 AM

Listing updated: 09/18/2023 at 11:41 PM

Listed by: Chris Stivers, ENGEL & VOLKERS BELLEAIR Phone #: (727) 461-1000

MLS: StellarMLS #U8063151

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