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Ad ID: 70272544
Visits: 127
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Street address: 20th Ave Pkwy, Indian Rocks Beach, 33785
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Location:
Tampa Bay
Date Listed: Oct-22-08 This is your opportunity to own an established B & B, with positive cash flow, in Indian Rocks Beach. Live the dream 400’ from the beach in one of the Florida Gulf Coast’s premier beach communities. Meet interesting travelers who come from all over the world to stay in four (4) eclectic guestrooms. Call this Key Westy B & B “home” with your own private 2 bedroom/2 bath apartment. A ground floor office fronting on Gulf Boulevard can mean additional rental income, could be a perfect art studio or converted into a 5th guestroom. Enjoy cash flow from Day 1 without start-up downtime. This well-imaged inn boasts a 41% occupancy rate and a $28,000 positive cash flow through July ’08. (And that’s without much outside marketing and being closed for one entire month of vacation!) Indian Rocks Beach has few hotels or motels making this a potential gold mine catering tourists and locals who may need an extra room for visiting friends and relatives. Built in 2005 with all modern amenities, Laughing Lizard is priced to sell at $1,300,000. Owner financing with 25% down at 8%. It’s a chance to generate enough “part-time” income to be your own boss, travel and enjoy a laid-back beach lifestyle. Compare this to other B & B’s in Florida and you’ll agree that opportunities like this one don’t come along every day. Gordon Obarski, Realtor Doiron Relty Services 727-480-4665
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