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$4,750,000

Beds
5
Baths
4.0
sq ft
3,090

516 Gulf Blvd, Indian Rocks Beach, FL 33785

516 Gulf Blvd

INDIAN ROCKS BEACH, FL 33785

  • 158 days on market
    • Price drop $249,999↓
If you've been dreaming of owning a generational income producing property. Look no further. Come make memories with your family for years to come and have this property virtually pay for itself. This is a highly sought after rental with repeat customers. Who build their own memories at this amazing beach front front property. It's walkable to restaurants, water parks, shopping and ice cream. Who doesn't want ice cream at the beach. Don't let this opportunity pass you by... This exquisitely curated home and duplex (one bedroom one bath downstairs and upstairs) offers the ideal blend of coastal charm and modern convenience, making it perfect for creating lasting memories for years to come. Zoned for short-term rentals, this property offers a unique opportunity to enjoy breathtaking sunsets while covering your expenses with rental income. With reservations already on the books, you can start benefiting from this investment right away. Recent updates include new AC units, an upgraded electrical service panel, a water heater, mini-splits, and a refreshed downstairs duplex – all completed within the last few years. Situated on an expansive lot of nearly 1/3 acre, this property is zoned for up to 10 units, offering limitless potential. Don’t miss out on this exceptional opportunity to own a piece of paradise! MAIN HOUSE TOTAL SQ FT 2648 APPROXIMATELY DOWNSTAIRS DUPLEX UNIT 448 SQ FT APPROXIMATELY UPSTAIRS DUPLEX UNIT 225 SQ FT APPROXIMATELY PLEASE CHECK OUT FLOR PLANS ATTACHED INTHE PHOTOS FOR ROOM SIZES. Buyer and buyers agent are responsible to confirm all room sizes.

Details

Property type

Single Family Residence

Lot size

0.29 acres

Price per sq ft

$1,538

Year built

1932

Annual property taxes

$45,337.81

HOA

No

Price History

01/06/2025
StellarMLS

StellarMLS #U8254456

Price change
$4,750,000
-5%
10/02/2024
StellarMLS

StellarMLS #U8254456

Price change
$4,999,999
-1.96%
08/28/2024
StellarMLS

StellarMLS #U8254456

Listed
$5,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 02/02/2025 at 12:50 PM

Listing updated: 01/30/2025 at 1:36 PM

Listed by: Scott Friedman, STOFEL & ASSOCIATES REALTY Phone #: (727) 350-0373

MLS: StellarMLS #U8254456

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