4 Unit historically strong income producing property in Indian Rocks Beach. Can be used for SHORT or LONG term rentals. All 4 Units have been thoroughly renovated and tastefully updated in 2016 with new windows, doors, flooring throughout, new kitchens, new appliances, stoves, refrigerators, sinks and faucets, cabinets and countertops, hot water heaters, and air-conditioners/mini splits. Electrical lines replace and sewer lines!!! New bathroom tile, flooring, showers, sinks and plumbing fixtures. The building is comprised of cement block with new insulation and drywall. The backyard has a tropically landscaped courtyard subdivided by privacy fences for each unit. Each unit has a driveway that fits 2 cars. This property lies two blocks from the sandy white Gulf Beaches, nearby popular restaurants and bars makes this one of a kind. Zoned multi-family less than 10 units. Pre-approval or proof of funds is required. Cash offers will have priority in consideration!
Nice 4 plex on Indian Rocks beach. Off street parking. Block construction with newer roof. All units rented. Great income property.
Public Records
Nov 1, 1993
Sold
$95,700
$54/sq ft
Public Records
Apr 5, 1988
Sold
$125,000
$71/sq ft
Public Records
Jan 1, 1985
Sold
$110,000
$63/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,326 (−22.9%)
$487,312 + $72,688
$560,000
2024
$13,389 (+7.3%)
2023
$12,479 (+11.6%)
2022
$11,181 (+44.0%)
$504,565 + $130,435
$635,000
2021
$7,764 (+4.6%)
$285,461 + $104,939
$390,400
2020
$7,422 (−0.6%)
$250,346 + $112,991
$363,337
2019
$7,464 (+15.2%)
2018
$6,477 (+22.0%)
$218,837 + $104,910
$323,747
2017
$5,308 (+22.2%)
$205,355 + $42,909
$248,264
2016
$4,343 (−14.1%)
2015
$5,055
2014
$5,055 (+34.6%)
2013
$3,756 (+35.5%)
2012
$2,772
Tax history for 735 1st St
Year
Property tax
Land + Additions
Assessment*
2025
$10,326 (−22.9%)
$487,312 + $72,688
$560,000
2024
$13,389 (+7.3%)
2023
$12,479 (+11.6%)
2022
$11,181 (+44.0%)
$504,565 + $130,435
$635,000
2021
$7,764 (+4.6%)
$285,461 + $104,939
$390,400
2020
$7,422 (−0.6%)
$250,346 + $112,991
$363,337
2019
$7,464 (+15.2%)
2018
$6,477 (+22.0%)
$218,837 + $104,910
$323,747
2017
$5,308 (+22.2%)
$205,355 + $42,909
$248,264
2016
$4,343 (−14.1%)
2015
$5,055
2014
$5,055 (+34.6%)
2013
$3,756 (+35.5%)
2012
$2,772
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
4
Stories
1
Lot width
58 ft.
Lot depth
115 ft.
Lot size
6,382 Sq. Ft.
Year renovated
2000
Sq. Ft.
1,760
Year built
1956
Style
Multi-Family (2-4 Unit)
County
Pinellas County
APN
143012023940000800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 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 21, 2024 • Final
Express building
Tear off the existing roof and install a new modified bitumen roofing system.
Roofing
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.
Property details
Interior
Virtual Tour
Laundry Room Information
Laundry Features: None
Heating & Cooling
Heating Information: Central
Cooling Information: Mini-Split Unit(s)
Interior Features
Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Window Treatments
Appliances: Cooktop, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator