Under contract-accepting backup offers. A Rare Opportunity in the Heart of Indian Rocks Beach! Welcome to an exceptional 3-unit multifamily gem in the highly coveted Indian Rocks Beach community - where lifestyle, location, and income potential align beautifully. Being sold with neighboring triplex (TB8500826). 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 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!
Pending
Price cut: $1.1M (4/22)
$1,097,500
722 1st St, Indian Rocks Beach, FL 33785
6beds
3baths
2,400sqft
Est.:
Triplex, Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$457/sqft
$-- HOA
What's special
New privacy fenceBrand new paved parkingBrand-new modern appliancesSleek cabinetryTwo on-site laundry roomsStylish countertopsNew landscaping
- 45 days |
- 28 |
- 1 |
Zillow last checked:
Listing updated:
Listing Provided by:
Kevin Freel 727-410-8599,
CENTURY 21 LIST WITH BEGGINS 813-658-2121
Source: Stellar MLS,MLS#: TB8486443
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area, Laundry Room
Features
- Other
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Video & virtual tour
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Exterior features: Other
Lot
- Size: 7,130 Square Feet
Details
- Parcel number: 123014598320040220
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Senior community: Yes
- Subdivision: NEW HAVEN BEACH
HOA
- Has HOA: No
Location
- Region: Indian Rocks Beach
Financial & listing details
- Price per square foot: $457/sqft
- Tax assessed value: $895,000
- Annual tax amount: $9,490
- Date on market: 3/13/2026
- Cumulative days on market: 43 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Pending sale | $1,097,500-50%$457/sqft |
Source: | ||
| 3/13/2026 | Listed for sale | $2,195,000+1363.3%$915/sqft |
Source: | ||
| 7/21/1999 | Sold | $150,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,827 +6.9% | $574,193 +10% |
| 2023 | $11,063 +13.3% | $521,994 +10% |
| 2022 | $9,763 +21% | $474,540 +10% |
| 2021 | $8,068 +5.1% | $431,400 +7.7% |
| 2020 | $7,675 +0.1% | $400,541 +4.7% |
| 2019 | $7,666 | $382,540 +3.5% |
| 2018 | $7,666 +13.3% | $369,692 +7.2% |
| 2017 | $6,768 +14.3% | $344,775 +14% |
| 2016 | $5,918 +3.9% | $302,393 +4.8% |
| 2015 | $5,699 +7.8% | $288,477 +9.4% |
| 2014 | $5,286 +11.5% | $263,790 +22.2% |
| 2013 | $4,740 +4% | $215,934 -0.9% |
| 2012 | $4,560 | $217,887 +21.9% |
| 2011 | -- | $178,796 -7.1% |
| 2010 | -- | $192,448 +1.8% |
| 2009 | -- | $189,026 -39.5% |
| 2008 | $6,075 | $312,200 -13% |
| 2007 | -- | $358,700 +25.9% |
| 2005 | -- | $284,900 +22.3% |
| 2004 | $5,081 +23.2% | $232,900 +22% |
| 2003 | $4,125 +31.3% | $190,900 +31.5% |
| 2002 | $3,142 +12.9% | $145,200 +5% |
| 2001 | $2,782 +16.1% | $138,300 +15.5% |
| 2000 | $2,395 | $119,700 |
Find assessor info on the county website
Monthly payment
Est. payment
$7,071/mo
Principal & interest
$5416
Property taxes
$1655
More affordability tools
Climate risks
Neighborhood: 33785
Nearby schools
GreatSchools rating
- 9/10Anona Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 6/10Seminole Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10Seminole High SchoolGrades: 9-12Distance: 3.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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