2211 Gulf Blvd, Indian Rocks Beach, FL 33785

Studio, 4,082 sqft
For Sale
$1,200,000
Zestimate®: $1,071,655
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Located in the charming island community of Indian Rocks Beach, The Laughing Lizard B & B, a Key West, cottage styled, tin roofed property built in 2005 with delightful living accommodation and only 400 feet from the famed IRB beach. This fully licensed 5 bedroom en-suite bed and breakfast, with a 900 square foot owner' s apartment, is thoughtfully appointed and very versatile. The current owners run the B & B very professionally, however they are not open all year round. With a conservative occupancy of 50% the NOI would be $131,451; at 40% the NOI would be $103,363. The local occupancy runs at over 70% and the average per night gross income is $212. Call for more data. There are 3 distinct living arrangements a 4 bed/4 bath home, an owners apartment and a studio apartment affording you the options of running a 5 bed B & B business, or garnering income from the 3 separate properties, or live in one part and rent the other 2, or just enjoy this spacious and well-appointed residence. The studio apartment was originally an art studio offering a further option for this super property. There is an elevator, a 2 car garage, a 2 car carport and 3 further parking spaces. The best beach town of all said USA today and we agree! With three miles of beautiful beach, Indian Rocks Beach is a thriving community that has maintained most of its original character, and supports a lively mixture of recreational activities, festivals, parks, tennis, boating and a wonderful smorgasbord of restaurants, cafes and bars. 
What I love about the home
Bed...Breakfast & Business.
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Facts
  • Lot: 7,405 sqft
  • Multi Family
  • Built in 2005
  • 34 days on Zillow
  • Cooling: Central
  • Heating: Other
  • Last sold: Nov 2002 for $132,700
  • Price/sqft: $294
  • MLS #: U7701621
Features
  • Ceiling Fan
  • Deck
  • Disability Access
  • Elevator
  • Flooring: Tile
  • Mother-in-Law
  • Parking: Carport, Garage - Attached, 4 spaces, 884 sqft
  • Patio
  • Porch
  • Vaulted Ceiling
  • View: City, Water
Appliances Included
  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer
Construction
  • Construction quality: 8.0
  • Exterior material: Other, Stucco
  • Roof type: Metal
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 3
Other
  • Floor size: 4,082 sqft
  • Last remodel year: 2005
  • Laundry: In Unit
  • Lot depth: 120
  • Lot width: 60
  • Parcel #: 013014420300460020
  • Zillow Home ID: 81399778
Home Values
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$1,071,655
-$20,989 Last 30 daysd
$804K
$1.37M
Zestimate range
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,439/mo
-$188 Last 30 daysd
$1.7K
$6.1K
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Neighborhood for 2211 Gulf Boulevard

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Zillow predicts 33785 home values will rise 5.9% next year, compared to a 3.9% rise for Indian Rocks Beach as a whole. Among 33785 homes, this home is 237.9% more expensive than the midpoint (median) home, and is priced 6.9% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 33785, the number of foreclosures waiting to be sold is 25% greater than in Indian Rocks Beach, and 9.1% lower than the national average. This higher local number may prevent 33785 home values from rising as quickly as other regions in Indian Rocks Beach.

Learn more about forecast calculations or 33785 home values.
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    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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