$599,000
506 Gulf Boulevard
Indian Rocks Beach, FL 33785
Property type
Year built
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
ACT FAST! CORNER UNIT! DIRECT GULF VIEWS! ONE OF ONLY 25! FULLY FURNISHED! This is the one you've been waiting for and it won't last. A rare corner unit with direct waterfront views in Pelican Cove, one of Indian Rocks Beach's most exclusive communities with just 25 residences sitting directly on the Gulf. With a private pool and a seagrass path leading straight to the beach, beach life at its absolute finest. This property has been fully renovated and opened up in a way that is truly one-of-a-kind within the complex. Granite countertops, wide-format tile flooring, solid wood cabinetry, and crown molding set the stage, while the expanded bath takes it to another level with double sinks, a walk in shower, and a stackable washer/dryer. Every detail has been thoughtfully designed for the buyer who refuses to settle. Here is what makes it even smarter: 2-week rentals are allowed. That means you can enjoy your Gulf-front getaway on your schedule and let it generate serious income the rest of the year. Gulf-front corner units in intimate communities like this command premium rental rates, especially during peak Florida season. Dedicated parking spot #19 and dedicated storage unit #9. This isn't just a dream home, it's a dream investment. Step outside and you're already walking distance to the beloved restaurants and shops of Indian Rocks Beach. Hop on the coastal bike paths that wind through the area, or take a short drive to Clearwater Beach, premier shopping, St. Pete–Clearwater Airport (20 min), or Tampa International (35 min). Everything you need is right here. Properties at Pelican Cove almost never come to market. When a gulf-front corner unit does, renovated, rental-eligible, with a private pool and beach access, it disappears fast. Don't let someone else wake up to your ocean view. Make this your beach address.
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 history1 days on market
- Status: ActiveMay 6, 2026
- Listed$599,000May 6, 2026
- Price increased$599,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 1
- Subdivision
- Pelicans Cove Condo
- County
- Pinellas
- Year built
- 1978
- Living area
- 805 sq ft
- Price/sq ft
- $744
- Flood zone
- AE
- Annual taxes
- $4,359 (2025)
- Parcel #
- 12-30-14-68275-000-2010
- MLS #
- TB8505444
Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Window Treatments
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $612/mo
- Total annual fees
- $7,344
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 2 Weeks
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Refer to Rules and Regs regarding leasing.
- Approval process
- Application and approval needed.
Exterior & Construction
- Exterior features
- Hurricane Shutters, Private Entrance, Sliding Doors, Storage
- Construction materials
- Block, Stucco
- Roof
- Built-Up
- Foundation
- Block
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x20 |
| Kitchen | First | 10x14 |
| Primary Bedroom | First | 12x14 |
Listing Details
- Listing date
- 2026-05-05
- On market date
- 2026-05-06
- Original list price
- $599,000
- Occupant type
- Owner
- MLS area
- 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-06
- Tax legal description
- PELICANS COVE CONDO APT 201 TOGETHER WITH THE USE OF PARKING SPACE 19 & STORAGE UNIT 9
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
Gulf Blvd - just north of the Walsingham Bridge, property on the GULF side.
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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 May 7, 2026 at 6:53 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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