Active

2208 GULF BLVD

INDIAN ROCKS BEACH FL, 33785

$4,900,000


$629.82 per sqft

Active

7,780 sqft

Multi-family

Built in 2024

Pre-Construction. To be built. Magnolia Condominium Project: A Prime Investment Opportunity

Discover the Magnolia Condominium Project, an exclusive investment prospect, strategically situated on the West side of Gulf Blvd in charming Indian Rocks Beach, FL.

Investment Highlights:
Turnkey Investment: This project offers a turnkey solution for investors. It includes the land, drawings, and a permit-ready project.
Experienced Builder: A reputable commercial condo builder has already submitted a bid for the project.
Ready-Made Deal: This is not just a property; it's a fully prepared investment opportunity, offering the potential for rapid returns.

Property Features:

Prime Location: Located on Gulf Blvd, this project enjoys a prime beachfront location, providing residents with direct access to the stunning Indian Rocks Beach.
Modern Design: The development features a modern coastal design.
Convenience: On-site parking facilities, a swimming pool, and an elevator add convenience to the property.
Unit Offerings:

Unit 201: 3 bedrooms, 2 bathrooms, 1,489 sq. ft., 3 balconies
Unit 202: 3 bedrooms, 2 bathrooms, 1,273 sq. ft., 3 balconies
Unit 301: 3 bedrooms, 2 bathrooms, 1,489 sq. ft., 3 balconies
Unit 302: 3 bedrooms, 2 bathrooms, 1,273 sq. ft., 3 balconies
Unit 401: 3 bedrooms, 2 bathrooms, 1,229 sq. ft., 93 sq. feet of balconies
Unit 402: 2 bedrooms, 2 bathrooms, 1,027 sq. ft., 79 sq. feet of balconies
Investor's Paradise:
The Magnolia Condominium Project is tailored to meet the needs of investors looking for a hassle-free investment. With all the necessary components in place, including a local builder's bid, this is a ready-made deal with the potential for significant returns.

Strategic Location:
Nestled on Gulf Blvd in Indian Rocks Beach, this project offers more than just beachfront luxury. It's strategically positioned in a region where Florida's economic growth and real estate market continue to thrive. Florida's robust economy and sustained real estate growth make this investment opportunity even more compelling.

U8226179

MLS ID

January 9, 2024

Listed

May 9, 2024

Updated

Map

2208 GULF BLVD
INDIAN ROCKS BEACH FL, 33785

Interior Features

Interior Features

Elevator, Solid Surface Counters, Solid Wood Cabinets


Laundry Description

Inside, Laundry Room


Floor Description

Ceramic Tile, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

Fence, Sliding Doors


Roof

Built-Up


Sewer

Public Sewer

Other Property Details

Area Name

33785 - Indian Rocks Bch/Belleair Bch/Indian Shores


Taxes

$11,030


Tax Frequency

Annually


Garage

No


View

No


County

Pinellas


Municipality

30


Water Source

Public


Pool

Yes


Pool Features

Heated


Buyer Agency Compensation

2.5%

Listed by CHARLES RUTENBERG REALTY INC
Listing Contact: 866-580-6402 

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Data last updated 5/9/2024, 8:25 AM UTC

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