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Pending
  • $4,150,000

    516 Gulf Blvd, Indian Rocks Beach, FL 33785

    5beds
    4baths
    3,090sqft
    : 
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    Triplex, Multi Family
    Built in 1932
    -- sqft lot
    $-- Zestimate®
    $1,343/sqft
    $-- HOA

    What's special

    New ac unitsRefreshed downstairs duplexBreathtaking sunsetsWater heaterUpgraded electrical service panel
    Under contract-accepting backup offers. 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 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.
    228 days
    |
    120
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Friedman 813-625-1490,

    STOFEL & ASSOCIATES REALTY 727-350-0373

    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
      Video & virtual tour

      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: Triplex, 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: $1,343/sqft
      • Tax assessed value: $3,800,000
      • Annual tax amount: $45,337
      • Date on market: 8/28/2024
      • Cumulative days on market: 494 days
      • Listing terms: Cash,Conventional,Other
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,888/mo

        Price history

        DateEventPrice
        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
        11/10/2025Price change$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
        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

        Monthly payment

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          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 33785

          Getting around

          49 / 100
          Car-Dependent
          59 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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