Listing Details for MLS #TB8509682
50 Gulf Boulevard Unit 108, Indian Rocks Beach, Fl

Residential Property - Condominium in Indian Rocks Beach

Listing Price: $520,000 (Mortgage Calculator →)Days on Market: 30

Description of Property

Location is everything with this Indian Rocks Beach condo, where water frames the building on both sides. The Gulf of Mexico positions the beach as your backyard, while the covered front porch looks out over the Intracoastal Waterway. Inside, the 1,008-square-foot two-bedroom, two-bath layout is open and easy to move through, with easy-to-maintain ceramic tile in the living areas, solid wood, custom cabinets, and Corian counters anchoring the kitchen with BRAND NEW appliances. A breakfast bar connects the kitchen to the living and dining area without breaking the flow. The master bedroom and bathroom has a walk-in tiled shower, new commode, new vanity, sink, and lighting; the second bath adds dual sinks and a tub with shower. Additional on-site storage include a locked owner's closet inside the unit and a locked owner's storage area on the porch. In recent years the building has seen a $2 million renovation covering the balconies, railings, concrete, paint, and pool deck. The heated community pool now sits on updated decking beachside, with grill stations and outdoor seating steps from the surf. The building includes an elevator, a common area laundry room, and one assigned parking space right outside the unit's front porch. Fifty Gulfside allows short-term rentals with a five-day minimum, positioning this as a viable income-producing asset in one of Pinellas County's most consistent beach rental markets. An on-site management company is available to handle bookings and guest services, or owners can self-manage with current rental projections showing $60,000 to $65,000 for next year. The $913 monthly fee covers cable, internet, water, sewer, trash, pest control, pool maintenance, exterior maintenance, grounds, and building insurance, keeping carrying costs clean for investors and owner-occupants alike. Indian Rocks Beach sits mid-corridor on Gulf Boulevard, within reach of waterfront dining, Clearwater Beach to the north, and St. Pete/Clearwater Airport approximately 20 minutes east. Tampa International is roughly 35 minutes via the Courtney Campbell.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $646,290. This condominium is listed at about 80% of the average asking price. There are 14 2 bedroom/2 bath homes between $450,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »