FL > Indian Rocks Beach > Condo Del Mar Condo Condo
Indian Rocks Beach, FL 33785,1809 GULF BLVD #B-1
Indian Rocks Beach, FL 33785,1809 GULF BLVD #B-1
Indian Rocks Beach, FL 33785,1809 GULF BLVD #B-1
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Listed by LPT REALTY, LLC
$575,000
Est. payment /mo
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2 Beds
2 Baths
878 SqFt
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Pending

1809 GULF BLVD #B-1 Indian Rocks Beach, FL 33785

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Ericka & Greg Stephens

Ericka & Greg Stephens

+1(407) 468-0510

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 878 sqft

Price per Sqft $654

Subdivision Condo Del Mar Condo Condo

MLS Listing ID TB8431409

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1981

Annual Tax Amount $2,100

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Condominium

Source Stellar MLS

Property Description

Sale is for 1 of 4 unit condo building in IRB. Del Mar Condos units all share a similar 2BED/2BATH floor plan, 878sqft each with an open kitchen concept, living room, dining area, in unit washer and dryer, and front covered balconies to enjoy sunset beach views. Enjoy Gulf sunset views from the third floor balconies. The condo units are operated as a successful STR business with no minimum rental restrictions which results in endless revenue potential for the next owner/operator. All units must be SOLD Together with all furnishings, bedding, indoor& outdoor furniture to operate STR. each unit has its own, VERY HARD TO FIND 2 car tandem garages with front and rear access roll up doors. All units have been renovated in the past to include granite countertops, solid real wood cabinets, newer appliances, newer hot water heaters, flooring, and interior Paint. DEL MAR CONDOMINIUMS sit strategically directly across street from 2 beach access points and walking distance to many venues and dinning on IRB. After a long day on the beach, you can enjoy your time in the tropical oasis backyard gas heated pool and spa that is shared only between 4 units. This property is exempt from local STR ordinances changes impacting Pinellas county & IRB due to its zoning! Buyers inquire to learn more about zoning advantages. Current financials as of 7/2025 show $27,200/month gross revenue avg. NOI of $213K! 9% CAP RATE. Offered below replacement cost when factoring Land and today's construction cost to rebuild and furnish. This rare turn key opportunity to acquire Four (4) fee simple condominiums in one free standing building across the street from the sugary sands of IRB! Since all units are under the same ownership there are no monthly condo/HOA fees, nor assessments required! Due to 11ft elevation Flood insurance is a fraction of the cost compared to other properties in the area. Hazard insurance is grossly discounted due to all units having newer impact resistant windows and double pane sliding glass doors on all 4 balconies, and a Brand-new shingle roof installed in 9/2022. Over $250K Capital investment improvements from ownership (list available) Property recently completed a clear Phase 1 condo study with no issues or assessments required. schedule an appointment and do not walk the property or speak to guest as this may disqualify you as a buyer. All information in this listing is for informational purposes and buyer(s)/buyer's agents are responsible for independently verifying any and all information.

Location

State FL

County Pinellas

Community Condo Del Mar Condo Condo

Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores

Zoning P1 AND MF

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Laminate, Wood

Furnishings Furnished

Fireplace false

Appliance Convection Oven, Dishwasher, Disposal, Electric Water Heater, Refrigerator

Laundry Laundry Closet, Laundry Room

Exterior

Exterior Feature Balcony, Outdoor Shower, Sliding Doors

Garage Spaces 2.0

Pool Gunite, Heated, In Ground, Lighting, Outside Bath Access

Community Features Buyer Approval Required, Pool

Utilities Available Cable Connected, Public

View Y/N Yes

View Water

Roof Type Shingle

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description Flood Insurance Required, FloodZone

Story 3

Entry Level Three Or More

Foundation Stilt/On Piling

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Pets Allowed Cats OK, Dogs OK, Size Limit, Yes

HOA Fee Include Insurance,Maintenance Grounds,Maintenance,Pool

Senior Community No

Pet Size Small (16-35 Lbs.)

Ownership Condominium

Acceptable Financing Cash, Conventional, Other, Private Financing Available, Special Funding

Membership Fee Required None

Listing Terms Cash, Conventional, Other, Private Financing Available, Special Funding

Num of Pet 2

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8431409

Stellar MLS
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Ericka & Greg Stephens

Ericka & Greg Stephens

REALTOR® | License ID: SL 3045585

+1(407) 468-0510

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1809 GULF BLVD #B-1