2011 1st Street, INDIAN ROCKS BEACH, FL 33785
Local realty services provided by:ERA Advantage Realty, Inc.



2011 1st Street,INDIAN ROCKS BEACH, FL 33785
$1,599,000
- 8 Beds
- 4 Baths
- 2,824 sq. ft.
- Multi-family
- Active
Listed by:evan pedone
Office:engel & volkers madeira beach
MLS#:TB8415869
Source:MFRMLS
Price summary
- Price:$1,599,000
- Price per sq. ft.:$513.82
About this home
An exceptional investment opportunity in the heart of Indian Rocks Beach, this fully remodeled 8-bedroom, 4-bathroom duplex is just 1.5 blocks from the Gulf of Mexico and offers rare short-term (daily) rental eligibility—a sought-after feature in this coastal market. Each side of the duplex is a spacious, independent 4-bedroom, 2-bathroom unit, making this a unique find for investors or owner-operators looking to maximize returns by catering to large groups and multi-family travelers. Properties of this size with daily rental zoning are increasingly hard to find, especially ones that require no updates and are fully turn-key.
Both sides of the home are thoughtfully laid out to support comfort and functionality, featuring dual living rooms, well-appointed kitchens, in-unit laundry, and private screened-in porches. Each side also has access to its own private hot tub and shares a new heated pool. Additionally, both units feature full-size washer and dryer sets, along with ultra-high efficiency mini-split HVAC systems installed in 2024 to ensure year-round comfort. A new roof, installed in 2021, provides added peace of mind. The layout and amenities not only enhance guest experience but also allow flexible rental options: operate as two separate vacation rentals, combine them under one listing to attract large retreats or family reunions, or operate as an owner living in one side while renting the other. The coastal vibe evokes a sense of relaxation and serenity. Guests love the on site beach gear and easy 3 minute walk to the beach for enjoying waves, water sports and sunsets. Local dining and attractions like mini golf and a water park are minutes away, making vacationing here fun and hassle-free. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks.
From an investment standpoint, the home checks every box: prime location in a popular Gulf Coast town, legal daily rentals, and a configuration that directly serves one of the most underserved segments in the short-term rental market—large groups. Whether you're looking to build a high-performing vacation rental portfolio or live in one unit while renting the other, this duplex delivers rare scale, flexibility, and income potential in a vibrant beach community.
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Home facts
- Year built:1972
- Listing Id #:TB8415869
- Added:5 day(s) ago
- Updated:August 14, 2025 at 12:18 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:2,824 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1972
- Building area:2,824 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$513.82
- Tax amount:$12,055 (2024)
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