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Sold for $1,075,000
  • $1,075,000

    724 1ST STREET, INDIAN ROCKS BEACH, FL 33785

    6beds
    3baths
    2,400sqft
    Triplex, Multi Family
    Built in 1974
    -- sqft lot
    $1,074,800 Zestimate®
    $448/sqft
    $2,159 Estimated rent

    Home value

    $1,074,800

    $989,000 - $1.16M

    $2,159/mo

    Zestimate® history
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    $7,353/mo

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    What's special

    A Rare Opportunity in the Heart of Indian Rocks Beach! Welcome to an exceptional 3-unit multifamily gem in the highly coveted Indian Rocks Beach community - where lifestyle, location, and income potential align beautifully. Being sold with neighboring triplex (TB8486443). This property has been completely renovated from top to bottom, delivering peace of mind and modern appeal for today's savvy investor. Every detail has been thoughtfully refreshed, including new landscaping, a new privacy fence, and fully updated interiors throughout all units. Each residence features a spacious 2-bedroom, 1-bath layout, enhanced with brand-new modern appliances, sleek cabinetry, and stylish countertops. Two on-site laundry rooms adds convenience & value for tenants & guests. 8 Tandem parking spaces, brand new paved parking, all new rock landscaping- for low maintenance. The flexibility here is powerful: short-term rentals, AirBnB, or long-term leasing are all permitted, opening multiple income streams in one of the Gulf Coasts most desirable beach towns. Step outside and enjoy the charm of Indian Rocks Beach award-winning local restaurants, laid-back coastal vibes, and stunning white-sand beaches are just moments away. Even better, the beach is only a short walk from the property, making this an irresistible location for renters year-round. Whether you're expanding your portfolio or seeking a high-demand coastal investment, this is a rare opportunity to own a fully renovated, income-producing property in one of Florida's most beloved beach communities. Opportunities like this don't come often!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Freel 727-410-8599,

    CENTURY 21 LIST WITH BEGGINS 813-658-2121

    Bought with:

    David Wing, 3187889

    WATER'S EDGE REALTY INC

    Source: Stellar MLS,MLS#: TB8500826MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Other
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Other
    Lot
    • Size: 7,130 Square Feet
    Details
    • Parcel number: 123014598320040230
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Senior community: Yes
    • Subdivision: NEW HAVEN BEACH
    HOA
    • Has HOA: No
    Location
    • Region: Indian Rocks Beach

    Financial & listing details

    • Price per square foot: $448/sqft
    • Tax assessed value: $555,000
    • Annual tax amount: $9,490
    • Date on market: 4/22/2026
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2026Sold$1,075,000-2.1%$448/sqft
    Source: Stellar MLS #TB8500826 Report a problem
    4/22/2026Pending sale$1,097,500+631.7%$457/sqft
    Source: Stellar MLS #TB8500826 Report a problem
    7/21/1999Sold$150,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,886 -15.1%$555,000 -0.1%
    2024$11,648 +6.9%$555,669 +10%
    2023$10,897 +13.3%$505,154 +10%
    2022$9,620 +21.8%$459,231 +10%
    2021$7,897 +7.8%$417,483 +10%
    2020$7,329 -2.7%$379,530 +1.2%
    2019$7,535 $374,893 +4.3%
    2018$7,535 +13.7%$359,391 +7%
    2017$6,628 +14.5%$336,010 +14.8%
    2016$5,789 +3.5%$292,655 +3.8%
    2015$5,594 +8.2%$281,864 +10.5%
    2014$5,170 +10.8%$255,167 +20.3%
    2013$4,665 +4%$212,076 -1%
    2012$4,486 $214,164 +22.5%
    2011-- $174,890 -6.6%
    2010-- $187,243 +0.8%
    2009-- $185,754 -39.9%
    2008$6,022 $309,200 -13%
    2007-- $355,300 +26.3%
    2005-- $281,400 +20.8%
    2004$5,081 +23.2%$232,900 +22%
    2003$4,125 +31.3%$190,900 +31.5%
    2002$3,142 +12.9%$145,200 +5%
    2001$2,782 +16.1%$138,300 +15.5%
    2000$2,395 $119,700
    Find assessor info on the county website

    Neighborhood: 33785

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,074,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,074,800