2699 Gulf Boulevard, Indian Rocks Beach, FL 33785

$1,600,000
2
BD
2
BA
4,096
SqFt

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Sold Price
$1,600,000
List Price
$1,699,000
Status
Sold
Days on Market
371
Closing Date
Jul 03, 2024
MLS#
U8197187
Property Style
Single Family
Architectural Style
Florida, Patio Home, Traditional
Year Built
1954
Bedrooms
2
Bathrooms
2
Living Area
4,096
Lot Size
7,196
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Indian Beach Re-Revised
Complex/Comm Name
Indian Rocks Beach
MLS Area Major
Indian Rocks Bch/Belleair Bch/Indian Shores

Property Description

Dreams do come true! Imagine the possibilities... Indian Rocks Beach multi-use investment property for sale. This 4,872 square foot building is located across the street from the Gulf of Mexico. The residential unit is a spacious short term rental with garages. In front there is an 1,800 square foot restaurant space. In addition to the two existing revenue streams, the owner has secured zoning entitlements for future expansion opportunity (two apartments). Utility infrastructure for separately metered utilities, is already in place. Don't miss your chance in acquiring an asset that has a pro-forma double digit cap rate.. Contact advisor for details.

Additional Information

Taxes
$11788
Minimum Lease
No Minimum
Location
Corner Lot, FloodZone, City Limits, Near Golf Course, Near Marina, Sidewalk
Community Features
Golf Carts OK, Park, Playground, Sidewalks, Tennis Courts, No Deed Restriction
Property Description
One Story, Attached
Zoning
RES
Interior Layout
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
Interior Features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
Floor
Tile
Appliances
Dishwasher, Disposal, Range, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Street Lights, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Awning(s), Balcony, Garden, Lighting, Private Mailbox, Sliding Doors, Storage
Roof
Built-Up
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Garage Door Opener, Golf Cart Parking, Ground Level, On Street
Fences
Other, Wood
Pets
Allowed
Flood Zone Code
AE
Parcel ID
01-30-14-42030-005-0010
Legal Description
INDIAN BEACH RE-REVISED BLK 5, LOT 1

Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL. 727-493-1555

Selling Office: BRIDGEWATER COMMERCIAL RE.

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