218 GULF BOULEVARD, Indian Rocks Beach, FL 33785 - For Sale

Single Family, Key West - INDIAN ROCKS BEACH, FL PRICE REDUCED! Income producing, luxury beachfront cottages serving guests for over 10 years. Arbors Seaside Cottages is a Gulf front micro-resort and has been officially elected one of Florida's "Superior Small Lodgings" since 1999 and also featured in USA Today. Conveniently located in historic, quaint Indian Rocks Beach on Florida's Gulf of Mexico Coast. Great reputation, repeat customers and clean books documenting consistent annual income of $150,000. These Key West style cottages are directly on the Gulf of Mexico. Property consist of 2 separate lots 50'x90' and 50'x100', with 5 separate rentable units. There are 4 separate cottages; 3 - 2 bedroom 1 bath and 1 - 2 bedroom house with a separate studio apartment. Each cottage offers a full kitchen, air conditioning, furnishings, etc. The resort also includes beautiful tropical gardens, gazebos, outdoor eating areas, shuffle board court, community laundry facility, etc. Each unit rents for $1,000 - $1,300 weekly. Great property for either an absentee owner who wants to realize a good return on capital or owner/occupant...with ability to implement certain improvements to increase the annual income. Sale price includes both land parcels, all improvements, 4 buildings, furnishings, Arbors business, Arbors 3 Websites, previous guest contact information (email addresses, etc.), and VRBO and Home Away ads. Great location, minutes from Clearwater Beach, St. Pete Beach, great restaurants, shopping, golfing, entertainment and attractions for all.