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Commercial Properties
Indian Rocks Beach, FL
| The Oasis 2609 Bay Blvd Indian Rocks Beach, Florida 33785 |
Price: $ 1,200,000 Price per Unit: $133,333.00 Number of Units: 9 |
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| Status: SOLD | More Photos | |
| Square Feet: 7,291 | Request More Info | |
| Type: Commercial Property - Multifamily Garden/Low-Rise | Map This Property | |
| Year Built: 1975 | ||
| Occupancy: 30% | ||
| Property Description: This is a "short-sale" offering, the asking price is not yet approved by lender! Nine units; 4-2/2 on water, one larger owner/manager unit with additional office and private laundry; 1-1/1 on water; 4-1/1 off water all one block to Gulf of Mexico. Recent upgrades include exterior paint, asphalt reseal, new windows, sliding doors and light fixtures. On the interior all units have been reconditioned, some of those upgrades include; new flooring and whirlpool tubs, kitchen and bath updates, paint, new closet doors. Condo conversion documents have been prepared, they are in the process of state approval. The waterfront location provides a wide water view and accommodates up to three watercrafts as is, could possibly be enhanced to accommodate more with municipal approval and upgrades. There is onsite laundry, city owned tennis and basketball courts across street with a playground, and ajacent to the property to the North is a city owned waterfront viewing pier. Prime property for conversion or rental/resort business. Indian Rocks Beach has many restaurants and pubs, library, art center, parks, nature preserve and a dog park. owners emptied units for rehab and possible conversion
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