$4,750,000

516 Gulf Blvd Indian Rocks Beach, FL 33785

0 beds
3,090 sqft
0.3 acres
$1,537 / sqft
Multi-Family

Property details

About 516 Gulf Blvd

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 IN THE PHOTOS FOR ROOM SIZES. Buyer and buyers agent are responsible to confirm all room sizes.

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,090 sqft
Lot size0.29 Acres
Year built1932
MLS #U8255277
WaterfrontBeach, Gulf
FireplaceLiving Room, Stone, Wood Burning

Virtual tour

Summary

  • MLS Number: U8255277
  • MLS Name: MFRMLS
  • Office Name: STOFEL & ASSOCIATES REALTY
  • Office Phone: (727) 350-0373
  • Listing Agent: Scott Friedman

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view with a view of the beach and a water view

$4,750,000

516 Gulf Blvd

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$3,650,000$45,337
2022$2,900,000$37,862
2021$2,293,700$37,862
2020$2,082,411$34,230
2019$1,590,461$30,554
2018$1,445,874$25,957
2017$1,571,750$24,918

History based on county public records data.

Nearby schools

8

Anona Elementary

Public District PK-5

1.2 mi

12301 Indian Rocks Rd

9

Oakhurst Elementary

Public District PK-5

1.9 mi

10535 Antilles Dr

5

Ridgecrest Elementary

Public Magnet KG-5

3.1 mi

1901 119th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $86,957. The most common annual income of people living in Indian Rocks Beach, FL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

19%
<35k
39%
35k-100k
27%
100k-200k
15%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
6%
Single, with Kids
30%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
12%
18-34 yrs old
49%
35-64 yrs old
29%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • NordstromNordstrom

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • CadillacCadillac

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 516 Gulf Blvd in Indian Rocks Beach, FL and zip code 33785. This 3,090 square foot home, which was built in 1932, sits on a 0.29 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $4,750,000.

Indian Rocks Beach, FL housing market in February 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 8 sold below. The number of listings in Indian Rocks Beach, FL increased by 11.5% between January and February 2025. In February 2025 median list price was $875,000 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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