Active

516 GULF BLVD

INDIAN ROCKS BEACH FL, 33785

$4,999,999


$1,618.12 per sqft

Active

3,090 sqft

Multi-family

Built in 1932

**A Rare Opportunity Awaits -

NO FLOODING OR INTERIOR DAMAGE. SOME MINOR EXTERIOR DAMAGE. THE DUNES DID THEIR JOB!!! SCHEDULE YOUR SHOWING TODAY

Your Search for the Perfect Generational Beach House Ends Here!** 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 IN THE PHOTOS FOR ROOM SIZES. Buyer and buyers agent are responsible to confirm all room sizes.

U8255277

MLS ID

August 28, 2024

Listed

December 21, 2024

Updated

Map

516 GULF BLVD
INDIAN ROCKS BEACH FL, 33785

Interior Features

Total Stories

2


Interior Features

Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments


Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator


Laundry Description

Electric Dryer Hookup, Other, Washer Hookup


Floor Description

Ceramic Tile, Wood


Fireplace

Yes


Fireplace Description

Living Room, Stone, Wood Burning


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Sidewalk, Sliding Doors


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33785 - Indian Rocks Bch/Belleair Bch/Indian Shores


Taxes

$45,338


Tax Frequency

Annually


Days on Market

115


Association Fee Frequency

Monthly


Garage

No


View

No


County

Pinellas


Municipality

30


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

10/2/2024

Price change

$4,999,999

-2%

Listed by STOFEL & ASSOCIATES REALTY
Listing Contact: 727-350-0373 

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Data last updated 12/21/2024, 9:39 PM UTC

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