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    516 Gulf Blvd Indian Rocks Beach, FL 33785

    For Sale
    $4,250,000

    Triplex - INDIAN ROCKS BEACH, FL

    Type:Triplex
    Property size:
    3,090 SF
    Lot size:
    0.29 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 516 Gulf Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    12-30-14-37764-002-0020
    Interior features
    Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primarybedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
    Exterior features
    Hurricane Shutters, Lighting, Private Mailbox, Sidewalk, Sliding Doors
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Refrigerator - Wine Storage, Washer
    Size
    3,090 SF
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air
    Water front features
    Beach Front, Gulf/Ocean To Bay, Waterfront
    Water front
    1

    Building Details

    Year built
    1932
    Number of units
    3
    Flooring type
    Tile, Tile - Ceramic, Wood
    Building materials
    Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    STOFEL & ASSOCIATES REALTY (727) 460-5571

    Listing agent Scott Friedman (727) 350-0373 License #3336846

    Listing date Nov 10, 2025

    MLS# U8255277 Listing URL

    Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Indian Rocks Beach Triplex

    This property features a home and duplex, with the duplex consisting of a downstairs one-bedroom, one-bath unit and an upstairs one-bedroom, one-bath unit. The property is zoned for short-term rentals. 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 a lot of nearly 1/3 acre, the property is zoned for up to 10 units. The main house has a total area of approximately 2648 square feet, the downstairs duplex unit is approximately 448 square feet, and the upstairs duplex unit is approximately 225 square feet. The property is walkable to restaurants, water parks, shopping, and other amenities. The property is located in Indian Rocks Beach, FL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indian Rocks Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.850907
    Latitude
    27.885427

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    • New
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      Indian Rocks Beach Duplex Investment

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    FAQs

    What type of property is this?
    Triplex - Income-producing triplex near the beach with short-term rental potential.
    Where is this triplex located?
    The property is located at 516 Gulf Blvd Indian Rocks Beach, FL.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Income-producing property with existing short-term rental reservations.; - Beachfront location with Gulf/Ocean to Bay access.; - Zoned for short-term rentals and up to 10 units, offering significant development potential.
    (727) 350-0373
    Request Owner's contact information
    516 Gulf Blvd Indian Rocks Beach, FL 33785
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    Indian Rocks Beach, FL 33785
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 Gulf Blvd Indian Rocks Beach, FL 33785
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