106 20TH AVE, INDIAN ROCKS BEACH, FL, 33785
$1,525,000
Residential Income
|
Bedrooms
6
|
Bathrooms
4
|
Living Area
3,060 Sqft
|
Lot Size
7,253 Sqft
|
Exceptional investment opportunity just 500 feet from the Gulf with a straight walk to the 20th Avenue beach access. This beautifully renovated duplex consists of two identical mirror-image units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,500 square feet of living space. Each unit features its own private deck with a hot tub, while guests also enjoy a shared game room, mini golf turf area, and a shared driveway with carport parking for up to eight vehicles. The property has been operated as a single vacation rental, with both units rented together to accommodate larger groups. The property underwent an extensive renovation in 2024 following its 2023 purchase, creating a turnkey coastal retreat designed for both personal enjoyment and income potential. Whether you're looking for a beach retreat or a high-performing investment, this property offers an impressive rental history. Gross rental revenue was approximately $132,018 in 2025, with $121,367 already booked for 2026. Annual net income for 2025 was $94,450, and projected annual income for 2026 is $140,000. Ideally situated between the Indian Rocks Causeway and Causeway Boulevard, the property offers convenient access to US-19, making travel throughout Pinellas County a breeze. Enjoy being just minutes from local restaurants, shopping, and entertainment, including the Indian Rocks Shopping Center, with a straight drive to St. Pete–Clearwater International Airport for easy arrivals and departures. Schedule your private showing today to experience everything this exceptional coastal property has to offer.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8530846 | Year Built: | 1989 | |
| Community Features: | Street Lights | Construction Materials: | Cement Siding, HardiPlank Type, Frame | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Pinellas | Exterior Features: | Balcony, Courtyard, Fence, Lighting, Private Mailbox, Sliding Doors, Storage | |
| Flooring: | Luxury Vinyl | Foundation Details: | Slab, Stilt/On Piling | |
| Heating: | Central, Electric | Laundry Features: | Inside, Laundry Room | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Tenant | Parking Features: | Covered, Driveway, Ground Level, Basement | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt, Concrete | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Call Listing Agent, No Lockbox, ShowingTime | |
| Spa Features: | Above Ground | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected | Water Source: | Public | |
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