$1,525,000
Pending · 4 days on market · MLS# MFRTB8530846
| Bedrooms | 6 |
|---|---|
| Living area | 3,060 sq ft |
| Lot size | 0.17 acres |
| Year built | 1989 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $18,174 |
| County | Pinellas |
Exceptional investment opportunity just 500 feet from the Gulf with a straight walk to the 20th Avenue beach access. This beautifully renovated duplex consists of two identical mirror-image units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,500 square feet of living space. Each unit features its own private deck with a hot tub, while guests also enjoy a shared game room, mini golf turf area, and a shared driveway with carport parking for up to eight vehicles. The property has been operated as a single vacation rental, with both units rented together to accommodate larger groups. The property underwent an extensive renovation in 2024 following its 2023 purchase, creating a turnkey coastal retreat designed for both personal enjoyment and income potential. Whether you're looking for a beach retreat or a high-performing investment, this property offers an impressive rental history. Gross rental revenue was approximately $132,018 in 2025, with $121,367 already booked for 2026. Annual net income for 2025 was $94,450, and projected annual income for 2026 is $140,000. Ideally situated between the Indian Rocks Causeway and Causeway Boulevard, the property offers convenient access to US-19, making travel throughout Pinellas County a breeze. Enjoy being just minutes from local restaurants, shopping, and entertainment, including the Indian Rocks Shopping Center, with a straight drive to St. Pete–Clearwater International Airport for easy arrivals and departures. Schedule your private showing today to experience everything this exceptional coastal property has to offer.
Listing courtesy of Kenny Hayslett, RE/MAX ACTION FIRST OF FLORIDA. Presented by MC Homes Realty Inc · 727432218.