$4,150,000
516 Gulf Boulevard
Indian Rocks Beach, FL 33785
Listing updated: June 28, 2026 at 10:52 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
PRICE REDUCED!!! 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 newer AC units, an upgraded electrical service panel, a water heater, mini-splits, and a refreshed downstairs unit – 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 UNIT 448 SQ FT APPROXIMATELY UPSTAIRS 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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history491 days on market
- Status: ActiveJun 28, 2026
- Listed$5,100,000Aug 28, 2024
- Price reduced$4,150,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 491
- Subdivision
- Haven Beach Sub
- County
- Pinellas
- Year built
- 1932
- Living area
- 3,090 sq ft
- Price/sq ft
- $1,343
- Building area
- 3,606 sq ft (Public Records)
- Lot size
- 12,733 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE,VE
- Annual taxes
- $45,338 (2023)
- Parcel #
- 12-30-14-37764-002-0020
- MLS #
- U8255277
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Interior Details
- Bedrooms
- 5
- Flooring
- Ceramic Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Laundry
- Electric Dryer Hookup, Other, Washer Hookup
- Stories / Levels
- Two
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, Other
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Legal Vacation Rental
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting, Private Mailbox, Sidewalk, Sliding Doors
- Construction materials
- Vinyl Siding, Frame
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Water Connected
Listing Details
- Listing date
- 2024-08-28
- On market date
- 2024-08-28
- Original list price
- $5,100,000
- Occupant type
- Vacant
- MLS area
- 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- Listing AOR
- Pinellas Suncoast
- Status changed
- 2026-06-28
- Tax legal description
- HAVEN BEACH SUB BLK 2, S 35 FT OF LOT 2 & N 32.5 FT OF LOT 3 & PT VAC BEACH DR ON W TOGETHER WITH LOT 20
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving south on Gulf Blvd the house is about a tenth of a mile before Ulmerton road on the right. If heading north on Gulf Blvd cross Ulmerton Road and the house is about a tenth of a mile on the left. Heading down Ulmerton road take a right onto Gulf Blvd and the house is about a tenth of a mile on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 28, 2026 at 10:52 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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