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    Furnished Corner 1BR Condo Title is generated by Realmo AI

    19417 GULF Blvd D201, Indian Rocks Beach, FL 33785

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    For Sale
    $349,900

    Upstairs 1-bedroom unit with bonus sunroom and fully equipped kitchen in a beachfront resort with deeded beach access.

    Type:Commercial
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 3 at 9:12 pm

    Property Features for 19417 GULF Blvd D201

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1961

    We can help!

    Listing Contact
    Kimberley Schaeffer

    Listing agent Kimberley Schaeffer License #3367737

    Listing office

    Listing date Jun 3, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kimberley Schaeffer

    HighLights

    • Upstairs 1‑bedroom, 1‑bath condo in Barefoot Beach Resort with a bonus sunroom and open floorplan
    • Fully furnished with new coastal‑inspired furniture and decor in 2025; fully equipped kitchen with granite counters and full‑size appliances
    • Heated pool, sun deck, community fishing dock, BBQ grills, outdoor dining, bike storage, and private boat slips (subject to availability)
    • Private deeded beach access with signaled cross on demand; no rental period restrictions
    • Barefoot Beach sits on 5 acres along 400 feet of Intracoastal Waterway
    • Historical revenue: YTD through April gross bookings of $17,077.73; gross bookings of $38,428.78 in 2025; zero damage from the 2024 hurricanes

    Overview

    This bright corner, upstairs 1-bedroom, 1-bath condo at Barefoot Beach Resort includes a bonus sunroom and an open floorplan designed for comfortable stays. A laundry room is located just outside the front door. The home is fully furnished with new coastal-inspired furniture and decor added in 2025, offering a turnkey setup. Interior finishes include ceramic tile floors, white crown molding, white wood cabinetry, and ample closet space. The fully equipped kitchen features granite counters and full-size appliances, including a dishwasher and a coffee maker.

    Barefoot Beach Resort provides resort-style amenities centered on its waterfront setting along the Intracoastal Waterway, including a heated pool, sundeck, community fishing dock, BBQ grills, outdoor dining areas, and bike storage. Private boat slips are available subject to availability for rent or purchase, and owners and guests have private deeded beach access with a signaled cross on demand. An on-site property management company is available if you choose to use it, or you may rent independently.

    This unit is offered with no rental period restrictions, making it suitable for an investment property or second home. The listing also notes that existing future bookings must be honored by the new owner and will transfer with the purchase. Reported gross bookings include $17,077.73 year-to-date through April and $38,428.78 in 2025. The remarks further state the unit had zero damage from the 2024 hurricanes.
    Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indian Rocks Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.84288
    Latitude
    27.8495

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    FAQs

    What type of property is this?
    Resort - Upstairs 1-bedroom unit with bonus sunroom and fully equipped kitchen in a beachfront resort with deeded beach access.
    Where is this resort located?
    The property is located at 19417 GULF Blvd D201 Indian Rocks Beach, FL.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Upstairs 1‑bedroom, 1‑bath condo in Barefoot Beach Resort with a bonus sunroom and open floorplan; Fully furnished with new coastal‑inspired furniture and decor in 2025; fully equipped kitchen with granite counters and full‑size appliances; Heated pool, sun deck, community fishing dock, BBQ grills, outdoor dining, bike storage, and private boat slips (subject to availability)
    (727) 423-3806
    We can help!
    Listing Contact
    Kimberley Schaeffer
    Real Estate License ID: 3367737
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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