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Sold for $3,800,000
  • $3,800,000

    516 GULF BOULEVARD, INDIAN ROCKS BEACH, FL 33785

    5beds
    4baths
    3,090sqft
    Duplex, Multi Family
    Built in 1932
    -- sqft lot
    $3,786,700 Zestimate®
    $1,230/sqft
    $-- Estimated rent

    Home value

    $3,786,700

    $3.48M - $4.13M

    Not available

    Zestimate® history
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    $27,446/mo

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    What's special

    New ac unitsRefreshed downstairs duplexBreathtaking sunsetsWater heaterUpgraded electrical service panel
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Friedman 813-625-1490,

    STOFEL & ASSOCIATES REALTY 727-350-0373

    Bought with:

    Karen Wingard, 3068695

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: U8255277MLS LogoOriginating MLS: Pinellas Suncoast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Electric Dryer Hookup, Other, Washer Hookup
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat
    • Flooring: Ceramic Tile, Hardwood
    • Doors: Sliding Doors
    • Windows: Window Treatments, Hurricane Shutters
    • Has fireplace: Yes
    • Fireplace features: Living Room, Stone, Wood Burning
    • Furnished: Yes
    Interior area
    • Total structure area: 3,606
    • Total interior livable area: 3,090 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Irrigation System, Lighting, Private Mailbox, Sidewalk
    • Has view: Yes
    • View description: Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Beach,Gulf/Ocean - Full
    • Waterfront features: Beach, Gulf/Ocean to Bay, Beach Access, Gulf/Ocean Access, Seawall
    Lot
    • Size: 0.29 Acres
    • Dimensions: 68 x 115
    Details
    • Parcel number: 123014377640020020
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HAVEN BEACH SUB
    HOA
    • Has HOA: No
    Location
    • Region: Indian Rocks Beach

    Financial & listing details

    • Price per square foot: $1,230/sqft
    • Tax assessed value: $3,700,000
    • Annual tax amount: $50,980
    • Date on market: 8/28/2024
    • Cumulative days on market: 502 days
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/10/2026Sold$3,800,000-8.4%$1,230/sqft
    Source: Stellar MLS #U8255277 Report a problem
    6/28/2026Listed for sale$4,150,000$1,343/sqft
    Source: Stellar MLS #U8255277 Report a problem
    4/25/2026Pending sale$4,150,000$1,343/sqft
    Source: Stellar MLS #U8255277 Report a problem
    1/30/2026Price change$4,150,000-2.4%$1,343/sqft
    Source: Stellar MLS #U8255277 Report a problem
    11/10/2025Listed for sale$4,250,000-5.6%$1,375/sqft
    Source: Stellar MLS #U8255277 Report a problem
    4/3/2025Price change$4,500,000-5.3%$1,456/sqft
    Source: Stellar MLS #U8255277 Report a problem
    1/6/2025Price change$4,750,000-5%$1,537/sqft
    Source: Stellar MLS #U8254456 Report a problem
    10/2/2024Price change$4,999,999-2%$1,618/sqft
    Source: Stellar MLS #U8254456 Report a problem
    8/28/2024Listed for sale$5,100,000$1,650/sqft
    Source: Stellar MLS #U8254456 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,980 +7.2%$2,817,598 +10%
    2024$47,539 +4.9%$2,561,453 +10%
    2023$45,338 +19.7%$2,328,594 +10%
    2022$37,862 +10.6%$2,116,904 +10%
    2021$34,230 +8.1%$1,924,458 +10%
    2020$31,664 +3.6%$1,749,507 +10%
    2019$30,554 $1,590,461 -1.7%
    2018$30,554 +17.7%$1,617,886 +2.9%
    2017$25,958 +12.4%$1,571,750 +10.5%
    2016$23,090 +14.9%$1,422,214 +30.9%
    2015$20,092 -1.9%$1,086,306 -6.9%
    2014$20,486 +13.2%$1,166,613 +21.7%
    2013$18,094 -9.6%$958,224 -9.9%
    2012$20,014 $1,063,849 +4.9%
    2011-- $1,013,962 -6.1%
    2010-- $1,079,619 -15.7%
    2009-- $1,280,307 -31.7%
    2008$33,831 $1,875,600 -9.9%
    2007-- $2,082,700 +78.9%
    2005-- $1,163,900 +30.2%
    2004$18,080 +107.2%$894,200 +20.3%
    2002$8,726 +5.8%$743,200 +81.3%
    2001$8,246 +43.5%$410,000 +42.8%
    2000$5,747 $287,200
    Find assessor info on the county website

    Neighborhood: 33785

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,786,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,786,700