960 Gulf Blvd Indian Rocks Beach, FL 33785

Exceptional investment opportunity: a charming, updated two-story Gulf-front cottage in Indian Rocks Beach, Florida (960 Gulf Blvd, 33785). This 1,030 square foot, single-family home, classified as a Class B multifamily property, boasts a prime location directly on the Gulf of Mexico. The property underwent a complete renovation in 2022, featuring a new metal roof, a fully updated kitchen with modern appliances, a stylish bathroom with an oversized tile shower, updated flooring, and fresh furnishings. Large accordion sliding doors open the front of the home directly to the beach, maximizing natural light and breathtaking ocean views. A unique circular staircase leads to a loft area and a second bedroom, complemented by ample storage. The property includes two-car parking and convenient in-house laundry. Currently operating as a highly successful short-term rental (STR), this property offers a strong return on investment with a 5.10% cap rate and a net operating income (NOI) of $81,350. The asking price is $1,595,995, representing a price per square foot of $1,549.51 and a price per unit of $1,595,995. Indian Rocks Beach's zoning permits short-term rentals with no minimum rental period, ensuring consistent income potential. This turnkey investment is ready for immediate occupancy and income generation. Seize this rare opportunity to own a piece of paradise and enjoy the benefits of a lucrative beachfront property.