717 E Gulf Blvd, Indian Rocks Beach, Florida 33785
  • $999,999
  • $1,059,900

Description

PRICED TO MOVE BELOW $1M: Fully Turnkey Coastal Triplex – Saltwater Canal Frontage & 1 Block to the Beach! Investor’s paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach—all for under $1, 000, 000. Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor. The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today’s high-end vacationers or an owner-occupant looking to live for free. Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests). Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager’s quarters. Premium Upgrades Include: Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances. Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures. Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep. Slab-on-grade block construction on an expansive 5, 500+ sq ft lot with ample open parking for guests. The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare “best of both worlds” layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly one block to the west to put your toes in the Gulf of Mexico. Guests can entirely bypass the car—boutique shopping, local culinary staples, and parks are all within casual walking distance. Versatile Investment Strategies: Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market. The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage. Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market. Sellers are highly motivated and ready to look at clean offers. Don’t miss the window on this re-positioned luxury asset—schedule your tour today!

  • Address: 717 E GULF BOULEVARD
  • City: Indian Rocks Beach
  • State/county: FL
  • Zip/Postal Code: 33785
  • Country: US

Details

Updated on June 2, 2026 at 10:13 pm
  • Property ID TB8459701
  • Price $999,999
  • Land Area 0.13 Acres
  • Bedrooms 4
  • Bathrooms 3
  • Year Built 1959
  • Property Type Triplex, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional
  • Roof Other
  • Utilities Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central, Electric, Heat Pump
  • County Pinellas
  • Property Type Residential Income
  • Elementary School Ozona Elementary-PN
  • Middle School Seminole Middle-PN
  • High School Seminole High-PN
  • Waterfront Canal - Saltwater, Intracoastal Waterway

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