Beds
5
Baths
4
Sq Ft
3,090 sq ft
Year Built
1932
Lot Size
0.29 acres
Garage
—
About This Property
PRICE REDUCED!!! If you've been dreaming of owning a generational income producing property. Look no further. Come make memories with your family for years to come and have this property virtually pay for itself. This is a highly sought after rental with repeat customers. Who build their own memories at this amazing beach front front property. It's walkable to restaurants, water parks, shopping and ice cream. Who doesn't want ice cream at the beach. Don't let this opportunity pass you by... 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 newer AC units, an upgraded electrical service panel, a water heater, mini-splits, and a refreshed downstairs unit – 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 UNIT 448 SQ FT APPROXIMATELY UPSTAIRS 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 Overview
Interior Features
Exterior & Lot
Waterfront
Utilities
Parking
HOA & Community
Financial Details
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.
Location
516 GULF BOULEVARD, INDIAN ROCKS BEACH, FL 33785
Listing Information
Schedule a Showing
How to Buy This Home
Multiple financing options available for this $4,150,000 home in INDIAN ROCKS BEACH.
🏛️
FHA Loan
$145,250 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$207,500 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
USDA Loan
$0 Down
Zero down for eligible rural areas. Income limits apply.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Pinellas County SHIP
Varies
Income-qualifying Pinellas residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 2, 2026.