About This Property

MLS ID U8193118

A Rare opportunity to buy a truly fantastic piece of property directly on the Intracoastal Waterway of sought after Indian Rocks Beach Florida. Featuring over 55 feet of water frontage complete with fishing dock situated on a wide finger of the waterway. This home offers many possibilities for its new owner. The home is currently configured as a duplex where owner is living in one side while short term renting the other side and having the income pay for the carrying costs. Or you could rent out both sides “A” and “B” and have a very lucrative investment property. Another option is that it could be converted to one large palatial waterfront estate to be utilized as a beautiful homestead or even a larger income producing single property. You truly have several options here. With its current configuration you have two 2 bedroom 2 bath units each with their own oversized one car garage and driveway. As you walk up to the living rooms of each unit you are greeted with stunning water views, sun drenched living rooms with sliders out to the waterfront balconies and open kitchen concepts. Each unit offers one bedroom and full bathroom on the main living level and then a large primary retreat with full baths ensuite on the upper level. The primary suites offer large space, walk-in closets and their own private waterfront balconies to take in the breathtaking morning sunrises and watch the dolphin, manatee and fish play just outside your back doorstep. There is large usable and partially finished bonus space on the ground floor that offers sliders that walk out to large patio space and your lush green lawn perfect for Fido to run and play and allows direct access to your very own dock. Located on one of the best streets in IRB you are about 2 blocks down from Brown Park, a 5 min walk to the Sugar Soft white sand Beach, and close to Trolley stops, restaurants, beach bars and everything that the Florida Beach Life has to offer. Roof replaced May of 2022. There is great opportunity to massively increase the rental income for this property with a little investment. Rental Income numbers could be great with the right improvements! Tons of Potential! Do not let this opportunity pass you by.