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Pending
  • $1,097,500

    724 1st St, Indian Rocks Beach, FL 33785

    12beds
    6baths
    4,800sqft
    : 
    Quadruplex, Multi Family
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $229/sqft
    $-- HOA

    What's special

    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 Beach award-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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    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#: TB8500826MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Common Area, Laundry Room
      Features
      • Other
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 5,700
      • Total interior livable area: 4,800 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: 123014598320040230
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, 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: $229/sqft
      • Tax assessed value: $895,000
      • Annual tax amount: $18,981
      • Date on market: 4/22/2026
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/22/2026Pending sale$1,097,500+631.7%$229/sqft
        Source: Stellar MLS #TB8500826 Report a problem
        7/21/1999Sold$150,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$11,648 +6.9%$555,669 +10%
        2023$10,897 +13.3%$505,154 +10%
        2022$9,620 +21.8%$459,231 +10%
        2021$7,897 +7.8%$417,483 +10%
        2020$7,329 -2.7%$379,530 +1.2%
        2019$7,535 $374,893 +4.3%
        2018$7,535 +13.7%$359,391 +7%
        2017$6,628 +14.5%$336,010 +14.8%
        2016$5,789 +3.5%$292,655 +3.8%
        2015$5,594 +8.2%$281,864 +10.5%
        2014$5,170 +10.8%$255,167 +20.3%
        2013$4,665 +4%$212,076 -1%
        2012$4,486 $214,164 +22.5%
        2011-- $174,890 -6.6%
        2010-- $187,243 +0.8%
        2009-- $185,754 -39.9%
        2008$6,022 $309,200 -13%
        2007-- $355,300 +26.3%
        2005-- $281,400 +20.8%
        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
        $7,085/mo
        Principal & interest
        $5430
        Property taxes
        $1655
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          Climate risks

          Neighborhood: 33785

          Getting around

          40 / 100
          Car-Dependent
          59 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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