2699 Gulf Boulevard, Belleair Beach, FL 33785

$1,699,000
4,872
SqFt

Property Description

Under contract-accepting backup offers. 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 short-term rental. In front there is a 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.

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Listing courtesy of COASTAL PROPERTIES GROUP.