Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2699 Gulf Blvd Indian Rocks Beach, FL 33785-3128
    Back to Search
    Property profile & analytics

    2699 Gulf Blvd, Indian Rocks Beach, FL 33785-3128

    View on Map
    • Investment properties
    • 4,096 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Apr 11, 2024
    $1,600,000
    Property ID
    US18-4401862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,055,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 2699 Gulf Blvd

    Year built
    1954
    Construction
    CONCRETE BLOCKS
    Lot size
    0.17 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01-30-14-42030-005-0010
    APU
    13014420300050010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 8, 2025 — Nese Investment LLC — Deed · related $483k · United States Small Business Admin
    Jul 11, 2024 $1,600,000 Nese Investment LLC Devolli LLC Warranty Deed $1.1M · Devolli LLC
    Mar 26, 2018 $722,500 Trust 2699 Saint Jennings,ariyana Warranty Deed $443k · Ariyana Saint Jennings
    Jan 23, 2017 $665,000 Ariyana Saint Jennings Miranda,salvatore & Vincenza Warranty Deed —
    Nov 17, 2008 $125,500 Salvatore Miranda Miranda,salvatore & Vincenza Quit Claim Deed · related $200k · Freesun LLC
    Jan 25, 2006 $38,000 Salvatore Miranda Miranda,francesco Quit Claim Deed · related —
    May 15, 2001 — Alfonso Miranda Miranda,alfonso Quit Claim Deed · related $80k · Beatrice Beatty Ppt

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,510,000
      Market price range: $791k - $5.86M
      AI Estimate
      $2,510,000
      Market price range: $791k - $5.86M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indian Rocks Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.8463
    Latitude
    27.9086
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,153
    $0.00
    $0.00
    $657,285
    -
    $338,789
    $326,211
    $665,000

    Comparable in this City

    • Value Estimation
      $2,100,000
      2,756 SF

      20045 Gulf Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      20045 Gulf Blvd, Indian Shores, FL 33785-2406
      View Details
    • Value Estimation
      $850,000
      594 SF

      732 Gulf Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      732 Gulf Blvd, Indian Rocks Beach, FL 33785-2623
      View Details
    • Value Estimation
      $3,170,000
      4,662 SF

      435 Gulf Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      435 Gulf Blvd, Indian Rocks Beach, FL 33785-2500
      View Details
    • Value Estimation by Request
      2,508 SF

      1305 Gulf Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1305 Gulf Blvd, Indian Rocks Beach, FL 33785-2748
      View Details
    • Value Estimation
      $1,975,000
      8,132 SF

      1511 Gulf Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1511 Gulf Blvd, Indian Rocks Beach, FL 33785-2751
      View Details
    • Value Estimation
      $1,850,000
      2,978 SF

      408 2nd St

      OFFICE/RESIDENTIAL (MIXED USE)
      408 2nd St, Indian Rocks Beach, FL 33785-2792
      View Details

    Similar Nearby for Sale

    • $4,490,000
      Pending

      Gulf-Front Development Opportunity

      Prime Gulf-front property with Intracoastal access for development.
      30 Gulf Blvd, Indian Rocks Beach, FL 33785
      View Details
    • $780,000
      0.19 Acres

      Indian Rocks Beach Redevelopment Opportunity

      Double corner lot near Gulf beaches, ideal for redevelopment.
      1811 2Nd St, Indian Rocks Beach, FL 33785
      View Details
    • $6,495,000
      0.72 Acres

      Gulf-Front Land in Indian Shores

      Rare 0.72-acre beachfront lot ready for development.
      18602 Gulf Blvd, Indian Shores, FL 33785
      View Details
    • Contact for pricing
      1,250 SF

      Indian Rocks Beach Condominium

      Updated three-bedroom condominium with Gulf and Intracoastal views.
      12 Gulf Blvd, Indian Rocks Beach, FL 33785
      View Details

    Similar Nearby for Lease

    • $27,600

      Indian Rocks Beach Office Space

      Updated office space in Indian Rocks Beach downtown business district.
      500 2Nd St, Indian Rocks Beach, FL 33785
      View Details
    • Contact for pricing
      1,400 SF

      Prime Gulf Boulevard Retail/Office Space

      Highly visible retail or office space in Indian Rocks Beach.
      2701 Gulf Blvd, Indian Rocks Beach, FL 33785
      View Details
    • $2,300 /Mo
      768 SF

      Updated Office Space in IRB

      Commercial office space with garage and storage in Indian Rocks Beach.
      500 2Nd St, Indian Rocks Beach, FL 33785
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2699 Gulf Blvd
    Indian Rocks Beach, FL 33785-3128
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2699 Gulf Blvd, Indian Rocks Beach, FL, 33785
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!