812 E Gulf Boulevard, Indian Rocks Beach, FL 33785 (MLS # TB8410387)

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View Virtual Tour PRICE $4,485,000 BEDS 14 BATHS 21 HOME SIZE 8,575 sqft LOT SIZE 40,076 sqft Request More Info Schedule a Showing

Based on Short-Term Vacation Rental: Potential Gross Revenue: Indian Rocks Beach is hot for vacation rentals (67-74% average occupancy per AirDNA and Airbtics data). For 2-bed townhomes/condos here, average daily rates (ADR) are $350-$420, leading to $60,000-$80,000 annual gross per unit (e.g., $400 ADR × 365 days × 70% occupancy ˜ $102,200, minus platform fees). For 7 units: $420,000-$560,000 total gross. THE VALUE IN THIS PROPERTY MAKES IT A SMART INVESTMENT. Actual Annual Gross Income (long term rentals) 2024: $226,500.00. Discover an exceptional real estate investment opportunity in the heart of Indian Rocks Beach! This unique property at 812 E Gulf Blvd features SEVEN (7) beautifully designed, attached townhomes/condominiums, WITH 2 BEDROOMS, a Den AND 2 1/2 BATHS EACH, AND INCLUDE AN ATTACHED GARAGE. Perfectly situated just steps from the pristine sands of the Gulf. This property offers unparalleled access to the vibrant coastal lifestyle of Indian Rocks Beach. Prime Location: Located on East Gulf Boulevard, this property is in the heart of Indian Rocks Beach, known for its laid-back charm, stunning beaches, and proximity to local dining, shopping, and entertainment. 7 Spacious Townhomes: Each townhome/condo is thoughtfully designed with modern layouts, offering ample space for residents or vacation renters. Ideal for multi-family living, rental income, or a combination of both. Investment Potential: With the booming demand for LONG TERM RENTALS, SHORT TERM VACATION RENTALS, or even a PRIVATE BEACH TOWN retreat for a large family or group. THIS is A MUST SEE. This complex presents a rare opportunity for investors or developers for residential properties in this sought-after beach community in INDIAN ROCKS BEACH FLORIDA. Beach Proximity: Just a short 2-minute walk to the GULF & public access to the Beach, offering residents and guests easy access to sun, sand, and surf. Additional Features: Brand new windows installed throughout all 7 units in 2025! New Roof installed 2019. Well-maintained exterior and common areas with Ample parking for residents and guests ON SITE. Close to major highways for easy access to Tampa, Clearwater, and St. Petersburg. Strong rental market with high demand in Indian Rocks Beach. This is a rare chance to own an entire townhome/condominium complex in one of Florida's most desirable beach communities. Whether you're looking to generate rental income, create a family compound, or develop a unique ISLAND property, 812 E Gulf Blvd offers endless possibilities. ALL SEVEN (7) UNITS COME WITH TENANTS AND LEASES. Buyers should verify zoning, rental regulations, and property details. All Seven (7) units have separate parcel numbers. Beds Total: 14 Baths Total: 21 Each unit has separate parcel numbers (SEE BELOW). 2024 Annual Gross Income: 226,500 OWNER OFFERING SELLER FINANCING. 50% max. Qualified buyers will provide proof of funds with any offer.