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Commercial Properties
Indian Rocks Beach, FL
| 9 Units on the Gulf of Mexico Indian Rocks Beach, Florida 33785 |
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Status: CLOSED | |
| Square Feet: 7,291 | Request More Info | |
| Type: Commercial Property - Multifamily Garden/Low-Rise | ||
| Year Built: 1975 | ||
| Occupancy: 30% | ||
| Property Description:
This is a "short-sale" offering, the asking price
is not yet approved by lender! Nine units; 4-2/2 on water, one larger
owner/manager unit with additional office and private laundry; 1-1/1 on
water; 4-1/1 off water all one block to Gulf of Mexico. Recent upgrades
include exterior paint, asphalt reseal, new windows, sliding doors and
light fixtures. On the interior all units have been reconditioned, some
of those upgrades include; new flooring and whirlpool tubs, kitchen and
bath updates, paint, new closet doors. Condo conversion documents have
been prepared, they are in the process of state approval. The
waterfront location provides a wide water view and accommodates up to
three watercrafts as is, could possibly be enhanced to accommodate more
with municipal approval and upgrades. There is onsite laundry, city
owned tennis and basketball courts across street with a playground, and
ajacent to the property to the North is a city owned waterfront viewing
pier. Prime property for conversion or rental/resort business. Indian
Rocks Beach has many restaurants and pubs, library, art center, parks,
nature preserve and a dog park. owners emptied units for rehab and
possible conversion
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