**A Rare Opportunity Awaits – Your Search for the Perfect Generational Beach House Ends Here!** 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.
Property Details
Property Features
Property Information:
Year Built: 1932
Living Area: 3,090 SqFt
Listing Office:
Office Name: STOFEL & ASSOCIATES REALTY
Office Phone: (727) 350-0373
Listing Agent: Scott Friedman
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Cooler
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.
Price Information
Listing Price Info
Price Summary:
List Price: $4,999,999
Price Per SqFt: $1,618/SqFt
Tax Information:
Annual Amount: $31,664
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Indian Rocks Beach, FL.
This property is $4.0M more than the Median Sold Price and $988/SqFt more than other homes in Indian Rocks Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #U8255277
Listing Office:
Office Name: STOFEL & ASSOCIATES REALTY
Office Phone: (727) 350-0373
Listing Agent: Scott Friedman
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$31,664
$2,082,411
2019
$30,554
$1,590,461
2018
$25,957
$1,445,874
2017
$24,919
$1,571,750
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25K
Per Month
Principal & Interest
$24.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Anona Elementary
12301 Indian Rocks Rd
Distance between this listing and this school1.16 miles
Public District Grades PK-5
8
/10
Oakhurst Elementary
10535 Antilles Dr
Distance between this listing and this school1.85 miles
Public District Grades PK-5
7
/10
Ridgecrest Elementary
1901 119th St
Distance between this listing and this school3.10 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Seminole Middle School
8701 131st St
Distance between this listing and this school3.05 miles
Public District Grades 6-8
5
/10
Plato Seminole
10888 126th Ave
Distance between this listing and this school3.71 miles
Public Charter Grades KG-8
3
/10
Largo Middle School
155 8th Ave SE
Distance between this listing and this school4.35 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Seminole High School
8401 131st St
Distance between this listing and this school3.20 miles
Public Magnet Grades 9-12
5
/10
Richard O Jacobson Technical High School at Seminole
12611 86th Ave
Distance between this listing and this school3.21 miles
Public Magnet Grades 9-12
1
/10
Dropout Prevention School
301 4th St SW
Distance between this listing and this school4.01 miles
The neighbors living near this home have an average income of $86,957. Typical income of Indian Rocks Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 516 Gulf Blvd in Indian Rocks Beach, FL and zip code 33785. This 3,090 square foot home, which was built in 1932, sits on a 0.29 acre lot. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $4,999,999.
While more than 0 listings in Indian Rocks Beach, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The number of listings in Indian Rocks Beach, FL increased by 7.5% between September 2024 and October 2024. In October 2024 median list price was $924,000 and the average listing age was 7 days.
From Rocket Homes Real Estate and based on county public records data.