#TB8367698, Paul Zagami, Jr, Listing office: GORDON REALTY HOUSE
508 2nd St Indian Rocks Beach, FL 33785
Property details
About 508 2nd St
Projected short term income rates attached. For informational purposes only yet you can see the amount of money this property can generate. Endless opportunity awaits at 508 2nd Street—an exceptional land value offering just steps from the powdery sands and turquoise waters of Indian Rocks Beach. Nestled on a quiet, dead-end street, this prime coastal lot presents the perfect canvas for your dream beach retreat or a lucrative investment project. The existing structure was impacted by flooding and does not comply with FEMA’s 50/50 rule, making it a teardown. This is your chance to start fresh and build new in a highly desirable location where walkability to the beach, shops, and dining is second to none. Whether you’re envisioning a luxury coastal escape, a vacation rental, or a modern beach bungalow, the location and potential here are unmatched. Indian Rocks Beach is one of the last true beach towns on Florida’s Gulf Coast—laid-back, community-oriented, and brimming with charm. Property is being sold for land value only. Bring your architect, builder, and imagination. This is a rare opportunity to own a slice of paradise with the freedom to create something spectacular. *Located on a dead-end street. *Steps to the beach *Tear-down required – FEMA 50/50 rule applies *Land value sale in one of the Gulf’s most beloved beach communities. *Plans are attached for an "Elevated Wood Frame Beach House & Survey". Please ask your agent or myself to send a copy. Before the storms this was a performing short term rental. Opportunities like this don’t come along often—seize your chance to build the beach life you’ve always wanted.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: None
- Flooring Type: Other
- Interior: Other
- Total Bedroom Count: 3
- Private Pool: No
- Exterior: Other
- Heating: Central
- Cooling: Central Air
- List Price: $530,000
- Price/SqFt: $410
- HOA Amount: $0
- Annual Tax Amount: $6,110
- Tax Year: 2023
- Lot: Flood Zone, Near Public Transit, Dead End Street
- Directions: Walsignham Rd right to 2nd Street home on the left.
- Year Built: 1957
- Stories: 1
- Living Area: 1,292 SqFt
- Lot Size: 0.12 Acres
- MLS Number: TB8401077
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS REALTY- PALM H
- Office Phone: (727) 772-0772
- Listing Agent: Gregory Schreiber
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 17, 2014 | Home Sold | $156,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $472,026 | $6,110 |
2022 | $443,507 | $5,554 |
2021 | $248,006 | $5,554 |
2020 | $224,734 | $4,369 |
2019 | $213,368 | $4,186 |
2018 | $193,971 | $3,799 |
2017 | $200,029 | $3,457 |
History based on county public records data.
Nearby schools
8
Anona Elementary
Public District PK-5
1.0 mi
•12301 Indian Rocks Rd
9
Oakhurst Elementary
Public District PK-5
1.7 mi
•10535 Antilles Dr
5
Ridgecrest Elementary
Public Magnet KG-5
3.0 mi
•1901 119th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,957. The majority of Indian Rocks Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 508 2nd St
The listing price of 508 2nd St property is $530,000.
The property 508 2nd St is a house located in Indian Rocks Beach, Florida, 33785.
Active Listing: 508 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 2nd St are: Anona Elementary (GreatSchools Rating 8/10), Oakhurst Elementary (GreatSchools Rating 9/10), Ridgecrest Elementary (GreatSchools Rating 5/10), Seminole Middle School (GreatSchools Rating 5/10), Plato Seminole (GreatSchools Rating 5/10), Largo Middle School (GreatSchools Rating 4/10), Seminole High School (GreatSchools Rating 5/10), Richard O Jacobson Technical High School at Seminole (GreatSchools Rating 5/10), Dropout Prevention School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,110 (source: MLS/based on county public records data).
The last sale was on April 17, 2014 for $156,000 (source: MLS/tax record).
The property at 508 2nd St has 3 bedrooms and 2 bathrooms.
The property 508 2nd St is 1,292 SqFt (source: MLS/tax record).
The year of construction for 508 2nd St is 1957.
This home is located at 508 2nd St in Indian Rocks Beach, FL and zip code 33785. This 1,292 square foot home, which was built in 1957, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $530,000.
Over 0 listings were sold over their listed price in June 2025 in Indian Rocks Beach, FL. In the same period over 13 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Indian Rocks Beach, FL increased by 2.5% between May and June 2025. In June 2025 median list price was $866,500 and the average listing age was 66 days.