New construction

717 E GULF Blvd, Indian Rocks Beach, FL 33785

Beds
4
Baths
3
Sqft
2,100

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Listed byCharles Rutenberg Realty Inc
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Overview

PRICED TO MOVE BELOW $1M: Fully Turnkey Coastal Triplex – Saltwater Canal Frontage & 1 Block to the Beach!

Investor's paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach—all for under $1,000,000. Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor.

The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today’s high-end vacationers or an owner-occupant looking to live for free.

Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests).

Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager’s quarters.

Premium Upgrades Include:

Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances.

Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures.

Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep.

Slab-on-grade block construction on an expansive 5,500+ sq ft lot with ample open parking for guests.

The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare "best of both worlds" layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly one block to the west to put your toes in the Gulf of Mexico. Guests can entirely bypass the car—boutique shopping, local culinary staples, and parks are all within casual walking distance.

Versatile Investment Strategies:

Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market.

The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage.

Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market.

Sellers are highly motivated and ready to look at clean offers. Don't miss the window on this re-positioned luxury asset—schedule your tour today!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
3
Square feet
2,100
Lot size (acres)
0.13
Year built
1959

Interior features

Laundry
Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Washer Hookup

Exterior features

New construction
Yes
Water view
Yes
Waterfront
Canal - Saltwater, Intracoastal Waterway

Utilities

Heating
Electric, Central, Heat Pump
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$13,914.38

Public schools

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Sourced from: Stellar MLS MLS®#: TB8459701 Last checked:

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