NOT LISTED FOR SALE

2699 Gulf Blvd Indian Rocks Beach, FL 33785

Estimated Value: $1,569,389

2 Beds
2 Baths
4,096 Sq Ft
$383/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,600,000 $391 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,705/month

370 Days on Market

Highlights

  • Property is near a marina
  • Open Floorplan
  • Traditional Architecture
  • Anona Elementary School Rated A-
  • Deck
  • 4-minute walk to South Park

About This Home

As of July 2024

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.

Last Agent to Sell the Property

Julie Folden

COASTAL PROPERTIES GROUP INTERNATIONAL Brokerage Phone: 727-493-1555 License #468542 Listed on: 04/13/2023

COASTAL PROPERTIES GROUP INTERNATIONAL

Last Buyer's Agent

Dee Maret CCIM

BRIDGEWATER COMMERCIAL RE License #3073218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,788

Year Built

  • Built in 1954

Lot Details

  • 7,196 Sq Ft Lot
  • Lot Dimensions are 60x120
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Native Plants
  • Corner Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • On-Street Parking
  • Golf Cart Parking

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Patio Home
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,096 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Storage Room
  • Inside Utility
  • Tile Flooring
  • Attic

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Property is near a marina
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Private Mailbox
  • Porch

Location

  • Flood Zone Lot
  • Property is near a golf course

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Indian Beach Re Revised Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,788

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Patio Home, Traditional
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 4096
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 4872
  • Lot Size Sq Ft: 7196
  • Directions to Property: 688/Walsingham west over IRB bridge to Gulf Blvd. Right on Gulf Blvd. to 26th Av. Property is on corner of 26th Av and Gulf Blvd.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1039408
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 390.63
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_CommunityAssociationWaterFeatures: Fishing,Public Boat Ramp,Water Access
  • Attribution Contact: 727-493-1555
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 2699
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Formal Dining Room Separate,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 380.53
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Other Structures: Other, Storage
  • Exterior Features: Awning(s), Balcony, Garden, Lighting, Private Mailbox, Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0111H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Parking, Ground Level, On Street

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Park, Playground, Sidewalks, Tennis Courts
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: INDIAN ROCKS BEACH

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RES
  • Parcel Number: 01-30-14-42030-005-0010
  • Additional Parcels: No
  • Fencing: Other, Wood
  • Lot Features: Corner Lot, FloodZone, City Limits, Near Golf Course, Near Marina, Sidewalk
  • Lot Dimensions: 60x120
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 669

Green Features

  • Green Verification Count: 0
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 11788
  • Tax Block: 5
  • Tax Book Number: 5-6
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jul 3, 2024
Sold by
Trust 2699 A Land Trust and Devolli Llc
Bought by
Nese Investment Llc
Seller's Agent
Julie Folden
COASTAL PROPERTIES GROUP INTERNATIONAL
Buyer's Agent
Dee Maret CCIM
BRIDGEWATER COMMERCIAL RE
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%
Views
681
Current Estimated Value
$1,569,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,611
Avg. Annual Appreciation
-1.84%
Original Mortgage
$1,100,000
Outstanding Balance
$1,090,797
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
$478,592

Purchase Details

Closed on
Mar 15, 2018
Sold by
Jennings Ariyana Saint
Bought by
Devolli Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2017
Sold by
Miranda Salvatore and Miranda Vincenza
Bought by
Jennings Arlyana Saint

Purchase Details

Closed on
Oct 30, 2008
Sold by
Miranda Salvatore and Miranda Vincenza
Bought by
Miranda Salvatore and Miranda Vincenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 25, 2006
Sold by
Miranda Francesco and Miranda Alfonso
Bought by
Miranda Salvatore and Miranda Vincenza

Purchase Details

Closed on
May 15, 2001
Sold by
Miranda Alfonso
Bought by
Miranda Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1999
Sold by
Struzinski Evelyn M
Bought by
Miranda Alfonso

Purchase Details

Closed on
Feb 13, 1998
Sold by
Miranda Salvatore and Miranda Vincenza
Bought by
Miranda Alfonso and Miranda Francisco

Purchase Details

Closed on
Dec 1, 1995
Sold by
Miranda Salvatore
Bought by
Miranda Salvatore and Miranda Vincenza
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nese Investment Llc $1,600,000 Title Agency Of Florida
Devolli Llc $722,500 Title Agency Of Florida
Jennings Arlyana Saint $665,000 Paramount Title Ii
Miranda Salvatore $125,500 Title Agency Of Florida Inc
Miranda Salvatore $38,000 None Available
Miranda Alfonso -- --
Miranda Alfonso -- --
Miranda Alfonso -- --
Miranda Alfonso -- --
Miranda Salvatore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nese Investment Llc $482,700
Open Nese Investment Llc $1,100,000
Previous Owner Devolli Llc $442,500
Previous Owner Miranda Salvatore $200,000
Previous Owner Miranda Salvatore $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,600,000 -5.8% $391 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $1,699,000 -5.6% $415 / Sq Ft
02/21/2024 02/21/24 Price Changed $1,799,000 -5.3% $439 / Sq Ft
12/10/2023 12/10/23 Price Changed $1,899,000 -0.1% $464 / Sq Ft
12/10/2023 12/10/23 For Sale $1,900,000 +18.8% $464 / Sq Ft
12/09/2023 12/09/23 Off Market $1,600,000 -- --
09/02/2023 09/02/23 For Sale $1,900,000 0.0% $464 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $1,900,000 -- $464 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,153 $700,338 -- --
2023 $12,153 $657,285 $0 $0
2022 $11,595 $638,731 $0 $0
2021 $11,726 $615,000 $0 $0
2020 $11,991 $621,844 $0 $0
2019 $12,479 $605,000 $305,342 $299,658
2018 $12,022 $578,000 $0 $0
2017 $10,481 $475,000 $0 $0
2016 $10,361 $450,000 $0 $0
2015 $9,236 $416,000 $0 $0
2014 $8,911 $396,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8197187

Stellar MLS

APN: 01-30-14-42030-005-0010