About 2699 Gulf Boulevard
Under contract-accepting backup offers. 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.
Features of 2699 Gulf Boulevard
MLS® # | U8197187 |
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Price | $1,699,000 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 4,096 |
Acres | 0.17 |
Year Built | 1954 |
Type | Residential |
Sub-Type | Single Family Residence |
Style | Florida, Patio Home, Traditional |
Status | Pending |
Community Information
Address | 2699 Gulf Boulevard |
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Area | Indian Rocks Bch/Belleair Bch/Indian Shores |
Subdivision | INDIAN BEACH RE-REVISED |
City | INDIAN ROCKS BEACH |
County | Pinellas |
State | FL |
Zip Code | 33785 |
Amenities
Parking | Garage Door Opener, Golf Cart Parking, Ground Level, On Street |
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# of Garages | 2 |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments |
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Appliances | Dishwasher, Disposal, Range, Refrigerator |
Heating | Central, Electric |
Cooling | Central Air |
Fireplace | No |
# of Stories | 2 |
Exterior
Exterior Features | Awning(s), Balcony, Garden, Lighting, Private Mailbox, Sliding Doors, Storage |
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Lot Description | Corner Lot, FloodZone, City Limits, Near Golf Course, Near Marina, Sidewalk |
Roof | Built-Up |
Foundation | Slab |
Additional Information
Date Listed | April 13th, 2023 |
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Days on Market | 358 |
Zoning | RES |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Julie Folden |
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Office | COASTAL PROPERTIES GROUP INTERNATIONAL |