$509,900
$509,900
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1,650 SqFt
SOLD DATE : 01/04/2021
Key Details
Sold Price $509,900
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $309
Subdivision Isle Of Palms
MLS Listing ID U8105449
Sold Date 01/04/21
Construction Status Inspections
HOA Y/N No
Year Built 1960
Annual Tax Amount $4,226
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50x84
Property Description
Well maintained tri-plex located in Isle of Palms. Just three blocks from beautiful Treasure Island beaches. Walking distance to shops, restaurants and Publix grocery store. Family has owned the property since 2004 and has rented each apartment to friends, family and returning renters over the years. Rents in the past have been $2800 per month during season for the one bedroom apartments and anticipated rent on owners unit is $3200 per month seasonally. Each apartment comes fully furnished(1 flat screen TV excluded) right down to dishes and linens. New buyers can rent immediately with no further investment. All three electrical panels were replaced in 2019. Lovely terrazzo floors for very easy maintenance. A small amount of carpet can be removed to expose terrazzo floors. All three wall A/C units have been replaced in last five years. Roof replaced in 2019. Plenty of parking in front of building for residents and guests. Outdoor seating area with pavered patio to enjoy gulf breezes. 6 foot PVC fence in rear allows for privacy while entertaining. Laundry and storage room with coin operated washer and dryer. Three separate electrical meters. Water, sewer, garbage and reclaimed water are billed in one bill bi-monthly. (Reclaimed water at street but not hooked up) No lawn maintenance with zero-scaping makes for perfect scenario for out of state buyers. Property is sold strictly "as is" with right to inspect. Seller currently has flood insurance and policy is likely assumable. 4pt inspection done in 2019 and copy is available.
Location
State FL
County Pinellas
Community Isle Of Palms
Direction E
Rooms
Other Rooms Great Room
Interior
Heating Electric, Radiant Ceiling
Cooling Wall/Window Unit(s)
Flooring Carpet, Terrazzo
Fireplace false
Appliance Built-In Oven, Cooktop, Dryer, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Fence
Parking Features Guest, Open, Parking Pad
Community Features Irrigation-Reclaimed Water, Playground
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Street Lights
View Garden
Roof Type Shingle
Porch Patio
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, City Limits, Near Public Transit, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Azalea Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools Boca Ciega High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with COLDWELL BANKER RESIDENTIAL
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