Welcome to 722 Gulf Blvd. A Rare Beachside Gem with Endless Flexibility & Turnkey Appeal. Nestled on the coveted west side of Gulf Boulevard in one of Florida's most adored beach towns of Indian Rocks Beach, just steps from the powdery white sand and the shimmering Gulf waters, this fully renovated, income-generating duplex offers an incredible opportunity to own your own piece of Old Florida, complete with modern touches and unbeatable versatility. Located in the Commercial Tourism (CT) district with short-term rental rights that can never be revoked, owners have the flexibility to operate as a high-performing vacation rental, a multi-unit retreat, or convert to a stunning, single family beach home. Step inside and your eyes are instantly drawn to the gorgeous coffered ceilings throughout as you make your way through the well thought out floor plan. Currently configured as a spacious 3 bed/2 bath unit with interior laundry and a charming 1 bed/1 bath suite, both complete with full size, newly renovated kitchens. The units are joined by a fire-rated door, offering flexibility to rent separately or as one 4 bedroom/3 bath retreat. Originally built in 1925, this amazing property has been completely reimagined. Recent updates in 2025 include all new electrical throughout, new LVP flooring and subfloor, new water heater, new stainless steel appliances, beautiful custom cabinetry, gorgeous granite countertops, new insulation in walls and attic, new interior doors & trim, two new HVAC systems (2024), new bathroom vanities, and gorgeous furnishings throughout... you name it, it's likely new - AND all completed with pride of ownership and proper permitting! Outside, your guests and family can unwind poolside or float your worries away in the stunning, heated in ground pool (2020). Relax in the shade under the cabana, complete with a half pool bath for convenience (and additional storage and W/D hookups), or grill and dine al fresco on either of the front porches. This property has AMAZING reviews and repeat guests that return year after year for the unbeatable location, walkability to IRB’s best dining and entertainment, and the nostalgic beach town vibe that only this stretch of Gulf Blvd can offer. Whether you're looking to expand your portfolio, create a legacy beach home, looking for the perfect 1031 exchange or just want to enjoy a slice of Old Florida charm with modern flair, this property checks every box: prime location, premium upgrades, protected rental rights, and serious income potential. This property was recently re-listed on Airbnb and already has over $60k of bookings in June - August alone, with estimated gross earning potential around $250,000 annually! Don’t miss your chance to own one of Indian Rocks Beach’s most desirable and dynamic offerings. Call and make your appointment to view this beauty today!