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.
Multi-familyProperty Type
1989Year Built
7,253 sq ftLot Size
$474Price/Sq.Ft.
8 spacesParking
Listed by Kenny Hayslett• RE/MAX ACTION FIRST OF FLORIDA
Contact: admin@remaxactionfirst.com
Bought with Kenny Hayslett• RE/MAX ACTION FIRST OF FLORIDA
Rare Opportunity to purchase just this Duplex or all 3 contiguous properties in Indian Rocks Beach! Maybe you are an Investor or group of investors in search of a piece of paradise only steps away from the Gulf and Intracoastal. Or maybe you have a dream to get away from it all and retire. Either way, this once in a lifetime opportunity is for you. It consists of 3 separate properties where each lot is approximately 7200-7560 sq ft for a total… wait for it approximately 21,960 sq feet of WOW. Or build your own custom DREAM! Currently there are two - 3 bedroom, 2 bath, 3 story duplexes on stilts and one duplex cottage each on its own property . The Sellers are looking to sell all three properties to a Lucky individual willing to take on these 6 units with 4 units having renters in place. This MLS number T3448512 is for 106 20th Ave in Indian Rocks beach . This property is a 3 story duplex that consists of two, 3 bedroom, 2 bath and which is priced at $1,600,000. For 2 adjacent properties see MLS T3448640 located at 108 20th Ave Indian Rocks Beach on corner lot is priced at $1,650,000 and MLS T3448769 located at 2008 1st Street Indian Rocks Beach is priced at $1,400,000 which would comprise the entire 3 properties you could purchase. The photos here are for 106 20th Ave unit A and unit B. Please see the other 2 MLS numbers (above) to view the photos for each property. The owners are willing to entertain offers on each property separately or you can purchase the entire 3 properties and build your own dream. Make an appointment to see your new properties. Paradise is a laid back, casual place that makes your heart sing. You should invest in this beautiful oasis. Buy 1, Buy 2, or Buy all 3 properties.
Property Description
Stilt Home
Public Records
May 30, 1989
Sold
$50,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18,174 (−5.0%)
$523,366 + $576,634
$1,100,000
2024
$19,121 (+51.4%)
$776,315 + $413,685
$1,190,000
2023
$12,633 (+34.6%)
2022
$9,387
$383,009 + $181,991
$565,000
2021
$9,388 (+3.4%)
$353,663 + $181,437
$535,100
2020
$9,083 (+9.9%)
2019
$8,262 (+8.7%)
$254,499 + $198,878
$453,377
2018
$7,602 (+6.7%)
2017
$7,127 (+6.6%)
$200,769 + $190,338
$391,107
2016
$6,687 (+5.0%)
2015
$6,368 (+8.3%)
2014
$5,878 (+11.4%)
2013
$5,276 (+8.2%)
2012
$4,876
Public record
Public record
Zoning
Permits
Beds
—
Baths
4
Stories
3
Lot width
60 ft.
Lot depth
120 ft.
Lot size
7,253 Sq. Ft.
Year renovated
2003
Sq. Ft.
3,060
Year built
1989
Style
Multi-Family (2-4 Unit)
County
Pinellas County
APN
143001420300550050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
RM-2
Medium Density Multifamily Residential District
The RM-2, medium density three or more units, multifamily residential dwelling district provides for medium density development. The RM-2, medium density multifamily residential district correlates with the residential medium RM category of the countywide plan. Any use which is not specifically identified as a permitted use, accessory use or special exception use is a prohibited use. Prohibited uses shall include, but are not limited to, temporary lodging use of a dwelling.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Planned unit development (pud)
Jan 16, 2025 • Final
Residential remodel/repair/renovation
Replace existing windows with new impact-resistant windows and install a new air conditioning unit. Replace existing siding, handrails, and decking. Work includes building, electrical, mechanical, and plumbing components subject to private provider review and inspections.
Remodel
Nov 13, 2024 • Final
Residential remodel/repair/renovation
Replace existing windows with new impact windows and install a new air conditioning unit. Replace existing siding, handrails, and decking. Private provider review and inspections are required for building, electrical, mechanical, and plumbing work.
Electrical
HVAC
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Utilities: Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Location
HOA Information
MFR_Association2YN: 0
School Information
Elementary School: Anona Elementary-PN
Middle Or Junior High School: Seminole Middle-PN
High School: Largo High-PN
Location Information
Directions: Head west on Belleair Bluffs/S Belleair Causeway, Use the left 2 lanes to turn left onto Gulf Blvd, Turn left onto 20th Ave, Destination will be on the left
Community Information
Community Features: Street Lights
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,060
Stories: 3.0
Lot Size: 7,253 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1989
Year Renovated: 2003
County: Pinellas County
APN: 143001420300550050
Home facts updated by county records on Aug 19, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: admin@remaxactionfirst.com
Previous Status: Pending
Backups Requested YN: 0
Listing Date Information
Days to Contract: 4
Status Contractual Search Date: 2026-08-06
Listing Price Information
Calculated List Price By Calculated Sq Ft: 498.37
Green Information
Green Verification Count: 0
Home Information
Living Area: 3060
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 284.28
Building Area Total: 6166
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab, Stilt/On Piling
Around this home
Schools
Anona Elementary School
Public PreK-5 • Assigned • 1.5mi
9/10
Seminole Middle School
Public 6-8 • Assigned • 3.9mi
7/10
Largo High School
Public PreK-12 • Assigned • 4.0mi
6/10
Provided by GreatSchools
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 25 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indian Rocks Beach, FL • 33785
Average low and high temperatures (°F)
67
50
71
56
78
61
84
67
88
73
90
77
91
78
91
78
89
76
84
69
79
62
73
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
70/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
6.4 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.32M – $1.59M
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