0 Gulf Blvd, Indian Shores, FL 33785
This exceptional 1+ acre waterfront property, located on Gulf Blvd in Indian Shores, Florida (zip code 33785), presents a unique investment opportunity. Situated in Pinellas County, this unimproved land boasts magnificent waterfront views and direct access to the Intercoastal Waterways. Its prime location offers incredible potential for a variety of developments. Currently zoned for commercial and residential use, the property is ideally suited for multifamily development, with approved building plans already available through the City of Indian Shores. The land's proximity to the beach further enhances its desirability and potential return on investment. This is a rare chance to acquire a substantial waterfront parcel in a highly sought-after location. The asking price is $1,200,000. Serious inquiries are encouraged
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.