391 12TH AVENUE, INDIAN ROCKS BEACH, FL 33785
What's special
One of Indian Rocks Beach's Finest Waterfront Estates Crafted by renowned luxury builder Alvarez Homes, one of Tampa Bay's most respected names in custom estate construction, this extraordinary waterfront residence is a rare offering that combines timeless craftsmanship, exceptional design, and an unparalleled coastal lifestyle. Situated on an expansive double waterfront homesite with approximately 146 feet of protected Intracoastal frontage, this spectacular estate was thoughtfully designed for those who appreciate privacy, elegance, and effortless waterfront living. Every detail reflects the uncompromising quality, architectural excellence, and enduring craftsmanship that have made Alvarez Homes one of the Gulf Coast's premier luxury builders. Designed to maximize its exceptional waterfront setting, the residence offers expansive living and entertaining spaces that flow seamlessly to resort-style outdoor amenities. Whether hosting elegant gatherings, relaxing beside the pool, or enjoying breathtaking sunsets from your private dock, every space has been created to embrace the very best of Florida waterfront living. For boating enthusiasts, deep-water dockage provides immediate access to the Intracoastal Waterway and the Gulf of Mexico. Just moments away, enjoy the white-sand beaches of Indian Rocks Beach, award-winning restaurants, boutique shopping, and convenient access to Clearwater, St. Petersburg, Tampa, and two international airports. The rare double waterfront homesite, exceptional construction, luxurious finishes, and timeless design make this far more than a residence—it is a legacy estate that will be treasured for generations. This is a once-in-a-generation opportunity to own one of the finest custom-built waterfront estates on Florida's Gulf Coast, where exceptional craftsmanship, remarkable architecture, and an extraordinary waterfront lifestyle come together in perfect harmony. More than a home, this is a legacy waterfront estate—where unforgettable sunsets, world-class boating, and the relaxed elegance of coastal living come together in one remarkable address. Experience one of the Gulf Coast's finest waterfront and discover why opportunities like this rarely come to market.
- 246 days |
- 846 |
- 39 |
Originating MLS: Suncoast TampaTravel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Donna Miller 727-520-2737,
COLDWELL BANKER REALTY 727-360-6927,
Jim DiMartino 727-480-5567,
COLDWELL BANKER REALTY
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Central Vacuum, Walk-In Closet(s)
- Level: Second
- Area: 468 Square Feet
- Dimensions: 18x26
Dining room
- Level: First
- Area: 288 Square Feet
- Dimensions: 16x18
Kitchen
- Level: First
- Area: 324 Square Feet
- Dimensions: 18x18
Living room
- Level: First
- Area: 432 Square Feet
- Dimensions: 24x18
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
- Flooring: Granite, Porcelain Tile, Hardwood
- Doors: Outdoor Kitchen, Sliding Doors
- Has fireplace: Yes
- Fireplace features: Living Room, Master Bedroom
Interior area
- Total structure area: 10,619
- Total interior livable area: 6,243 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Garage - Attached
- Attached garage spaces: 6
Features
- Levels: Multi/Split
- Patio & porch: Covered, Deck, Rear Porch
- Exterior features: Balcony, Dog Run, Irrigation System, Lighting, Outdoor Kitchen, Playground, Private Yard, Rain Gutters, Storage
- Has private pool: Yes
- Pool features: Gunite
- Has spa: Yes
- Spa features: In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Water view: Water
Lot
- Size: 0.33 Acres
- Features: In County, Landscaped, Oversized Lot
- Residential vegetation: Mature Landscaping
Details
- Additional structures: Cabana, Other, Storage, Workshop
- Parcel number: 063015420660890320
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal,Custom
- Property subtype: Single Family Residence
Materials
- Block, Cement Siding, Stucco, Wood Frame
- Foundation: Block, Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: INDIAN BEACH RE-REVISED 2ND ADD
HOA
- Has HOA: No
Location
- Region: Indian Rocks Beach
Financial & listing details
- Price per square foot: $960/sqft
- Tax assessed value: $4,179,094
- Annual tax amount: $51,894
- Date on market: 1/26/2026
- Cumulative days on market: 247 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $5,995,000-7.8%$960/sqft |
Source:  Stellar MLS #TB8468881 Report a problem | ||
| 8/4/2026 | Price change | $6,499,000-2.3%$1,041/sqft |
Source: Stellar MLS #TB8468881 Report a problem | ||
| 6/6/2026 | Price change | $6,649,000-2.1%$1,065/sqft |
Source: Stellar MLS #TB8468881 Report a problem | ||
| 4/17/2026 | Price change | $6,790,000-1.5%$1,088/sqft |
Source: Stellar MLS #TB8468881 Report a problem | ||
| 1/27/2026 | Listed for sale | $6,890,000+913.2%$1,104/sqft |
Source: Stellar MLS #TB8468881 Report a problem | ||
| 10/22/2014 | Sold | $680,000-2.2%$109/sqft |
Source: Stellar MLS #U7608731 Report a problem | ||
| 9/9/2014 | Price change | $695,000-13.1%$111/sqft |
Source: Charles Rutenberg Realty, Inc. #U7608731 Report a problem | ||
| 1/22/2014 | Listed for sale | $799,900$128/sqft |
Source: Keller Williams St. Pete Realty #U7607335 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $57,273 +10.4% | $3,197,542 +10% |
| 2024 | $51,894 +5.6% | $2,906,856 +10% |
| 2023 | $49,130 +17.7% | $2,642,596 +10% |
| 2022 | $41,740 +16.8% | $2,402,360 +10% |
| 2021 | $35,738 +0.9% | $2,183,964 +2.6% |
| 2020 | $35,405 -1.1% | $2,128,527 +0.5% |
| 2019 | $35,801 | $2,118,686 +7.8% |
| 2018 | $35,801 +165.8% | $1,965,191 +152.6% |
| 2017 | $13,467 +3% | $777,894 +6.2% |
| 2016 | $13,081 +5.6% | $732,756 +8.9% |
| 2015 | $12,386 +48.3% | $673,011 +38.4% |
| 2014 | $8,353 +0.3% | $486,186 +1.5% |
| 2013 | $8,329 +1.8% | $479,001 +1.7% |
| 2012 | $8,182 | $470,994 -7.9% |
| 2011 | -- | $511,347 -18.7% |
| 2010 | -- | $629,299 -17.1% |
| 2009 | -- | $759,254 +0.1% |
| 2008 | $12,884 | $758,496 +214.4% |
| 2007 | -- | $241,239 -66.6% |
| 2005 | -- | $723,100 +48.6% |
| 2004 | $3,994 +2.1% | $486,500 +15.7% |
| 2003 | $3,913 +2.5% | $420,600 +15.3% |
| 2002 | $3,819 +3.2% | $364,700 +55.3% |
| 2001 | $3,699 +4% | $234,800 +1.2% |
| 2000 | $3,558 | $232,000 |
Find assessor info on the county website
Monthly payment
Estimated market value
$5,417,400
$5.15M - $5.69M
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.