722-724 1ST STREET Indian Rocks Beach, FL $ 2,195,000
722-724 1ST STREET
$ 2,195,000
Recently Listed Adult Community
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722-724 1ST STREET

Indian Rocks Beach, FL, 33785
$ 2,195,000
Bedrooms12 Baths6.0 Sq 4,800

Monthly Estimate*

$ 13,515

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Multi-Family Home for sale in Indian Rocks Beach, FL

for $2,195,000 with 12 bedrooms and 6 full baths. This 4,800 square foot home was built in 1974 on a lot size of 0.16.

A Rare Opportunity in the Heart of Indian Rocks Beach! Welcome to an exceptional 6-unit multifamily gem in the highly coveted Indian Rocks Beach community - where lifestyle, location, and income potential align beautifully. 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 6 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 Beachaward-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!

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Multi-Family Active

Price

$ 2,195,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 9,491

Style

Triplex

Lot Size

0.16

Year Built

1974

Town/City

Indian Rocks Beach

County/Region

Pinellas

MLS | Web ID

TB8486443

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Public Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Construction Materials Block Stucco
Year Built 1974
Tenant Pays Electricity
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Gross Income 172800
County Pinellas
New Construction false
Property Type Residential Income
Subdivision Name NEW HAVEN BEACH
Garage Y/N false
Status Active
Directions Gulf Blvd turn onto 7th Ave or 8th Ave then turn onto 1st St.
City INDIAN ROCKS BEACH
Senior Community Y/N true
Number Of Units Total 6
MLS Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Lot Size Units Square Feet
Lot Size Square Feet 7130
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 9491
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8486443
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 21
Legal Description NEW HAVEN BEACH BLK D S 37.5FT OF LOT 22 & N 1/2 OF LOT 21
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Other
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Display Window(s)
Fireplace Y/N false
Laundry Features Common Area Laundry Room
Total Bedrooms 12
Total Baths 6
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Exterior
Exterior Amenities Other
Parking Features Open
Water Source Public
Lot Size Area 7130
Foundation Details Slab
Number of Buildings 2
Building Area Total 5700
Lot Dimensions 65 x 115
Lot Size Acres 0.16
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Century 21 List With Beggins

Broker

KevinFreel@c21be.com

Email

Affordability Calculator

$14,306
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,515
Monthly Property Taxes
$791
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$2,195,000 Listed Price

Map


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722-724 1ST STREET, Indian Rocks Beach, FL, 33785 is a Multi-Family Home for sale at $2,195,000 with 4,800 sqft and a lot size of 0.16. 722-724 1ST STREET has 12 bedrooms, 6.0 baths, and was built in 1974. The property's zip code is 33785 which is in Indian Rocks Beach, FL