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$250,000
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Property Description
Incredible opportunity to own a well established business on the Gulf Barrier Island of Indian Rocks Beach (IRB), Florida. Old Florida Cigar and Bait shop has been a local staple here on the Island for many years and has a cult following by locals, Tampa area beach goers, repeat vacationers and tourists. Offering the only live bait option within city limits and fine Tampa rolled cigars. The showroom offers tackle and gear for all ages and all levels of expertise as well as grab and go accessories such as sunglasses and snorkels. A custom live well is the workhorse and welcomes fresh Gulf shrimp daily. Premium marquee signage on Gulf Blvd as well as window and light up banner signage on the building are a lure in and of themselves. The daily Auto traffic count from Walsingham Bridge to Belleair Bridge is 18,100 per the Florida Dept. of Transportation (FDOT). OFCB operates on a LEASE and is one year into a three year term. Subject to Manager review, approval, and assignability fees. Listing includes entity, good will, intellectual property, social media presence, lucrative liquidable assets, good standing vendor relationships, good standing Landlord/Manager relationship, and transition assistance. Ample open and shared parking with the other well established plaza businesses. Net profits can be realized at $80K and beyond. IRB enjoys a well run municipality, 26 beach accesses, community boat ramp, nearly 4,000 local residents, a two mile stretch of powder sand beaches, and is short term vacation rental (STR) friendly. An absolute wonderful place to do business where locals help locals. Plaza DID NOT take on water from the 2024 storms which is a true testament to its perched higher elevation. An Island that exudes the Salt Life and where the inshore/offshore game fishing adventures will leave you coming back for more. A thriving community determined to stay small and welcome all and a business that is ready to be taken to new heights.
Full Property Details
Full Property Details for 1401 Gulf Blvd #10
General
- Sold For: $250,000
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8417236
- Added to Site: 278 day(s) ago
Business
- Year Established: 2022
Rental Information
- Complex Features: Bathrooms, Common Lighting, Furnished, Ramp, Seating, Solid Surface Counter, Trash Removal
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Security Lights, Smoke Detector(s)
Parking
- Parking Features: 1 to 5 Spaces, 6 to 12 Spaces, 13 to 18 Spaces, Ground Level, Lighted
Location
- Area: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- County: Pinellas
- Development Name: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- Driving Directions: From Gulf Blvd. Turn East onto 14th Ave or turn east directly into plaza parking lot. Open parking.
- Direction Faces: West
Community
- Community Name: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: Electricity Available, Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Built-Up
- Ceiling Type: Drywall
- Ceiling Height: 8 to 9 Feet
- Windows: Aluminum Frames, Display Window(s)
- Stories/Levels: One
- Square Feet: 600
- Sq. Ft. Source: Estimated
- Living Area: 600 Sq. Ft.
Lot Features
- Frontage: Street Lights, Street Paved, Business District, City Street, Main Throrughfare
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Ownership: Leasehold
- Special Conditions: None
Listed and Sold by Mavrealty
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Schools
Schools serving 1401 Gulf Blvd #10
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Anona Elementary School 12301 Indian Rocks Road, Largo, FL 33774 | PK-5 | 1.3 mi |
Largo High School 410 Missouri Avenue North, Largo, FL 33770 | 9-12 | 4.2 mi |
Seminole Middle School, Seminole, FL 8701 131st Street North, Seminole, FL 33776 | 6-8 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1401 Gulf Blvd #10
Date
Details
Price
Change
Source
5/19/2026
Sold
$250,000
-9.09%
MLS
9/23/2025
Price Reduced
$275,000
-14.06%
MLS
8/18/2025
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1401 Gulf Boulevard #10, Indian Rocks Beach, FL 33785 (MLS# TB8417236) is a Single Family property that was sold at $250,000 on May 19, 2026. Want to learn more about 1401 Gulf Boulevard #10? Do you have questions about finding other Single Family real estate for sale in Indian Rocks Beach? You can browse all Indian Rocks Beach real estate or contact a Coldwell Banker agent to request more information.

