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724 Gulf Blvd, Indian Rocks Beach, FL, 33785

4beds
2baths
1,152sqft
$1,700,000
$1,476price/sqft
$11,281/moest. monthly cost
$451,240/yrincome needed

About This Home

Rare opportunity to own two fully renovated cottages on one lot in the heart of Indian Rocks Beach, just steps from beach access. This unique property offers the perfect blend of personal enjoyment and strong income potential, currently operating as a successful Airbnb. Each unit has been completely updated inside with modern finishes, featuring updated kitchens and bathrooms, luxury vinyl flooring, and comes fully furnished—making it truly turnkey for immediate use or continued short-term rental operation. Extensive capital improvements have been completed, including a newer metal roof on both units, a newly installed driveway, and new fencing for added privacy and curb appeal. Interior upgrades include updated windows, fresh interior and exterior paint, remodeled bathrooms, updated kitchens, a tankless water heater, and a newer AC system in one unit. These improvements provide long-term value, reduced maintenance, and peace of mind for the next owner. This property is ideal for maximizing cash flow—whether you choose to rent both units for double income or live in one while renting the other. The oversized lot offers ample parking for multiple vehicles, a rare and highly desirable feature for beachside properties. Located just a short walk to the Gulf with no busy streets to cross, the property offers convenient access to the beach, local restaurants, parks, and the beach trolley. Whether you’re looking for a vacation home, a high-performing investment property, or a combination of both, this is a standout opportunity to own a fully upgraded, income-producing property in one of Tampa Bay’s most desirable coastal communities.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
59
BikeBikeable

Schools

9/10
Anona Elementary SchoolGrades PK-51.2 mi
6/10
Seminole Middle SchoolGrades 6-83.2 mi
4/10
Seminole High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer
  • Laundry features: Corridor Access,Outside

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Living Room/Dining Room Combo
  • Door features: Outdoor Shower
  • Flooring: Vinyl

Great Room

  • Level: First
  • Area: 192
  • Dimensions: 16x12

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,286
  • Total interior livable area: 1,152 sqft

Kitchen

  • Level: First
  • Area: 80
  • Dimensions: 10x8

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 196
  • Dimensions: 14x14

Property

Details

  • Parcel number: 123014598320030050
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch
  • Exterior features: Outdoor Shower,Sidewalk
  • Waterfront features: Beach Access

Lot

  • Lot size: 5,750 sqft
  • Features: FloodZone,Near Marina
  • Lot size dimensions: 50 x 110

Parking

  • Parking features: Alley Access,Golf Cart Garage,Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Pinellas County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,596$103,152
Home Insurance *$206$2,472
Property Taxes $2,282$27,384
Electricity $197$2,366
Total$11,281$135,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$386,777/yr
40% on housing$338,430/yr
45% on housing$300,826/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,476This listing

vs Other Active Listings

Avg $/sqft

ZIP 33785$673
Pinellas County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 33785$640
Pinellas County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-05Listed for sale$1,700,000
2024-08-26Listing removed--
2024-07-13Price change$1,735,000
2024-06-29Price change$1,740,000
2024-06-18Listed for sale$1,750,000
2024-05-09Listing removed--
2024-04-22Price change$1,980,000
2024-03-26Price change$1,990,000
2023-11-28Listed for sale$2,000,000
2022-04-06Sold$1,400,000
2022-02-18Pending sale$1,225,000
2022-02-12Listed for sale$1,225,000
2020-11-02Sold$740,000
2020-08-19Pending sale$799,900
2020-03-31Listed for sale$799,900
2003-12-23Sold$425,000
2000-09-05Sold$180,000

For Sale by Agent

AgentJulie Phan, LLC
BrokerageLPT REALTY, LLC

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