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$4,250,000
Property Description
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.
Full Property Details
Full Property Details for 516 Gulf Blvd
General
- Price: $4,250,000
- Taxes: $45,337 (2023)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: U8255277
- Updated: 11/10/2025
- Added to Site: 507 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Fireplace: Yes
- Fireplace(s): Living Room, Stone, Wood Burning
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- Furnishings: Furnished
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Electric Dryer Hookup, Other, Washer Hookup
Exterior
- Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Sidewalk, Sliding Doors
Location
- Area: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- County: Pinellas
- Development Name: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
- Subdivision: HAVEN BEACH SUB
- Driving 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.
Community
- Community Name: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 3,090
- Sq. Ft. Source: Public Records
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,733
- Lot Size: 12733
- Lot Dimensions: 68 x 115
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Beach, Gulf/Ocean
- Water Extras: Yes
- Water Front Desc.: Beach, Gulf/Ocean to Bay
Financial Considerations
- Tax Amount: $45,337.81
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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 Zone Info: AE, VE
- APN: 123014377640020020
- Property ID: 123014377640020020
- Block/Lot/Section: 2
Listed by Stofel & Associates Realty
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Schools
Schools serving 516 Gulf Blvd
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Anona Elementary School 12301 Indian Rocks Road, Largo, FL 33774 | PK-5 | 1.2 mi |
Seminole Middle School, Seminole, FL 8701 131st Street North, Seminole, FL 33776 | 6-8 | 3 mi |
Seminole High School, Seminole, FL 8401 131st Street North, Seminole, FL 33776 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 Gulf Blvd
Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$4,250,000
-5.56%
MLS
4/03/2025
Price Reduced
$4,500,000
-5.26%
MLS
1/06/2025
Price Reduced
$4,750,000
-5%
MLS
10/02/2024
Price Reduced
$4,999,999
-1.96%
MLS
8/28/2024
Listed
$5,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 516 Gulf Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$47,539
5%
$3,800,000
4%
2023
$45,338
32%
$3,650,000
59%
2021
$34,230
-10%
$2,293,700
-21%
2022
$37,862
11%
$2,900,000
39%
2021
$34,230
12%
$2,082,411
31%
2019
$30,554
18%
$1,590,461
10%
2018
$25,958
4%
$1,445,874
-8%
2017
$24,919
8%
$1,571,750
11%
2016
$23,090
15%
$1,422,214
31%
2015
$20,092
-2%
$1,086,306
-7%
2014
$20,486
13%
$1,166,613
22%
2013
$18,094
—
$958,224
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 516 Gulf Blvd
516 Gulf Boulevard, Indian Rocks Beach, FL 33785 (MLS# U8255277) is a Triplex property with 5 bedrooms and 0 full bathrooms. 516 Gulf Boulevard is currently listed for $4,250,000 and was received on August 28, 2024. Want to learn more about 516 Gulf Boulevard? Do you have questions about finding other Triplex real estate for sale in Indian Rocks Beach? You can browse all Indian Rocks Beach real estate or contact a Coldwell Banker agent to request more information.
