An exceptional investment opportunity in the heart of Indian Rocks Beach, this fully remodeled 8-bedroom, 4-bathroom duplex is just 1.5 blocks from the Gulf of Mexico and offers rare short-term (daily) rental eligibility—a sought-after feature in this coastal market. Each side of the duplex is a spacious, independent 4-bedroom, 2-bathroom unit, making this a unique find for investors or owner-operators looking to maximize returns by catering to large groups and multi-family travelers. Properties of this size with daily rental zoning are increasingly hard to find, especially ones that require no updates and are fully turn-key. Both sides of the home are thoughtfully laid out to support comfort and functionality, featuring dual living rooms, well-appointed kitchens, in-unit laundry, and private screened-in porches. Each side also has access to its own private hot tub and shares a new heated pool. Additionally, both units feature full-size washer and dryer sets, along with ultra-high efficiency mini-split HVAC systems installed in 2024 to ensure year-round comfort. A new roof, installed in 2021, provides added peace of mind. The layout and amenities not only enhance guest experience but also allow flexible rental options: operate as two separate vacation rentals, combine them under one listing to attract large retreats or family reunions, or operate as an owner living in one side while renting the other. The coastal vibe evokes a sense of relaxation and serenity. Guests love the on site beach gear and easy 3 minute walk to the beach for enjoying waves, water sports and sunsets. Local dining and attractions like mini golf and a water park are minutes away, making vacationing here fun and hassle-free. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks. From an investment standpoint, the home checks every box: prime location in a popular Gulf Coast town, legal daily rentals, and a configuration that directly serves one of the most underserved segments in the short-term rental market—large groups. Whether you're looking to build a high-performing vacation rental portfolio or live in one unit while renting the other, this duplex delivers rare scale, flexibility, and income potential in a vibrant beach community.
For sale
$1,599,000
2011 1st St, Indian Rocks Beach, FL 33785
8beds
4baths
2,824sqft
Est.:
Duplex, Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$566/sqft
$-- HOA
What's special
New roofPrivate screened-in porchesNew heated poolIn-unit laundryWell-appointed kitchensPrivate hot tub
- 1 day
- on Zillow |
- 121 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 03:53am
Listing Provided by:
Evan Pedone 727-459-5543,
ENGEL & VOLKERS MADEIRA BEACH 727-394-7365,
Ashley Pedone 727-410-5522,
ENGEL & VOLKERS MADEIRA BEACH
Source: Stellar MLS,MLS#: TB8415869
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Other
Features
- Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters
- Doors: Outdoor Shower, Sliding Doors
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 3,112
- Total interior livable area: 2,824 sqft
Property
Features
- Exterior features: Irrigation System, Outdoor Shower
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Lighting, Salt Water
- Has spa: Yes
- Has view: Yes
- View description: Pool
Lot
- Size: 7,383 Square Feet
- Dimensions: 63 x 120
- Features: Corner Lot, Flood Insurance Required, FloodZone, Near Public Transit
Details
- Parcel number: 013014420300540010
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: INDIAN BEACH RE-REVISED
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Indian Rocks Beach
Financial & listing details
- Price per square foot: $566/sqft
- Annual tax amount: $12,055
- Date on market: 8/9/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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