$1,599,000

2011 1ST STREET, Indian Rocks Beach, FL 33785

  • 8 beds |
  • 4 baths |
  • 2,824 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $566/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
August 9, 2025 at 05:00AM
Listing Office:
ENGEL & VOLKERS MADEIRA BEACH : 727-394-7365
Listing Agent:
Evan Pedone : 727-459-5543
MLS ID:
TB8415869
  • General: Eating Space In KitchenLiving Room/Dining Room ComboPrimary Bedroom Main FloorStone Counters
  • Appliances: DryerRangeRefrigeratorWasher
  • Laundry: Other
  • A/C: Central Air
  • Heating: CentralElectric

This listing courtesy of Evan Pedone, ENGEL & VOLKERS MADEIRA BEACH

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Anona Elementary

12301 Indian Rocks Rd, Largo, FL, 33774

Grades PK-5

1.52 miles away

D

Dropout Prevention School

301 4th St SW, Largo, FL, 33770

Grades PK-12

3.32 miles away

D

Dropout Prevention School

301 4th St SW, Largo, FL, 33770

Grades PK-12

3.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.