Residential Property - Single Family Residence in Indian Rocks Beach
Listing Price: $485,000 (Mortgage Calculator →)
Description of Property
Price improvement!!! Plans for an elevated beach house attached. This home is in the RM-1 zoning district, so a duplex is allowed. Projected short term income rates attached. For informational purposes only yet you can see the amount of money this property can generate. Endless opportunity awaits at 508 2nd Street—an exceptional land value offering just steps from the powdery sands and turquoise waters of Indian Rocks Beach. Nestled on a quiet, dead-end street, this prime coastal lot presents the perfect canvas for your dream beach retreat or a lucrative investment project. The existing structure was impacted by flooding and does not comply with FEMA’s 50/50 rule, making it a teardown. This is your chance to start fresh and build new in a highly desirable location where walkability to the beach, shops, and dining is second to none. Whether you’re envisioning a luxury coastal escape, a vacation rental, or a modern beach bungalow, the location and potential here are unmatched. Indian Rocks Beach is one of the last true beach towns on Florida’s Gulf Coast—laid-back, community-oriented, and brimming with charm. Property is being sold for land value only. Bring your architect, builder, and imagination. This is a rare opportunity to own a slice of paradise with the freedom to create something spectacular. *Located on a dead-end street. *Steps to the beach *Tear-down required – FEMA 50/50 rule applies *Land value sale in one of the Gulf’s most beloved beach communities. *Plans are attached for an "Elevated Wood Frame Beach House & Survey". Please ask your agent or myself to send a copy. Before the storms this was a performing short term rental. Opportunities like this don’t come along often—seize your chance to build the beach life you’ve always wanted.
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,432
Garage: No
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Indian Rocks Beach
County: Pinellas
Subdivision: Haven Beach Sub
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,432
Sq. Ft. Living Area: 1,292
Cost per (heated) sqare foot: $375
Year built: 1957
Annual Tax: $6,488
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Flooring: Other
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Other
Roof: Shingle
Exterior Features: Other
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Street Dead-End
Lot Size (acres): 0.12
Lot Size (sq. ft.): 5,066 square feet
Lot Dimensions: 50 x 100
Road Frontage: Street Dead-End
Front Exposure: West
Legal Description & Other Information
Financing Available: Private Financing Available
Parcel Number: 123014377640060080
Tax Legal Desc.: HAVEN BEACH SUB BLK 6, LOT 8
Section: 12
Range: 14
Listing courtesy of KELLER WILLIAMS REALTY- PALM H. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.