When: Saturday, February 8rd, 2025 at 11:00 pm
Where: 2211 Bay Blvd. Indian Rock Beach FL 33785
Preview: Saturday, February 8rd, 2025 at 10:00 am
Multi-family 4-Plex income-generating property offers flexible rental opportunities, including SHORT-TERM rentals with city application. The previous owner used the property as an Air B&B. Located on picturesque Deep-Water Cove leading to the Intracoastal waterway is a dream come true for investors or those seeking the ultimate Florida lifestyle. Ideally located blocks from the sugar-white sands of Indian Rocks Beach Each of the four identical units boasts a spacious 2-bedroom, 2-bathroom layout. Two units feature serene open-water views, while the other two enjoy charming street views. Inside, discover modern updates with new or brand-new appliances and fixtures, perfect for long-term, seasonal, or vacation rentals. Premier waterfront amenities set this property apart.
A private dock includes one 13,000 lbs-boat lift and two jet ski lifts, with additional space for more watercraft. Boaters will appreciate the easy access to the Gulf of Mexico, while fishing enthusiasts can cast their lines right from the dock. The fully brick-paved patio provides an ideal outdoor dining and relaxation setting, with endless dolphin sightings adding to the charm. Other highlights include a shared laundry room for tenant convenience, ample parking, a dedicated carport space for each unit, and extra guest parking. This property is close to city parks featuring tennis and basketball courts, playgrounds, and recreational amenities. With no rental minimums and Close access to local dining, entertainment, trolley, and the Beach the property offers endless potential as a turnkey investment. The bottom 2 units were damaged during the last storm. Electrical, Plumbing, Bathrooms, and More are complete. Need drywall, lower cabinets, etc. Great Opportunity for a High-Income Property. ........BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing...WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE.
TERMS AND CONDITIONS:
The public is welcome to participate and bid at this Auction Sale. An American Heritage “Live” Real Estate Auction Sale is like any other realtor-assisted transaction except the sale is TRANSPARENT, meaning you will know what the other buyers are willing to pay for the home and the terms of the sale are the same for all buyers. Financed & Cash Buyers are welcome to bid. The Seller will convey a General Warranty Deed, Free and Clear of all debt. The seller will pay for and will provide a Title Insurance Policy. The Seller will pay for the documentary stamps. All prorations will be as of the day before closing. At the Auction Sale, the winning bidder will be required to place a 5% deposit based on the Contract Price, with American Heritage Auctioneers as the Escrow Agent. At the conclusion of the sale, the Auctioneer will confirm the bid. Once the bid is confirmed, the buyer will sign the Bid Acknowledgement and the Contract for Sale and Purchase and present the Earnest Money Deposit. Personal checks will be accepted. The balance will be due at closing within 45 days of sale day. A 10% Buyer premium will be added to the bid to create the purchase price. For telephone bidding contact us at 727-726-7272.
