This sought-after beachfront rental is a guest favorite with repeat visitors. Walk to restaurants, shops, water parks, and yes—ice cream! This beautifully curated duplex (1 bed/1 bath units up and down) combines coastal charm with modern upgrades like new AC units, mini-splits, a water heater, and updated electrical. Zoned for short-term rentals, it’s ideal for making memories and generating income—reservations are already in place! Set on nearly 1/3 acre and zoned for up to 10 units, it offers rare potential. Main house: ~2,648 sq ft; downstairs unit: ~448 sq ft; upstairs unit: ~225 sq ft. See floor plans in photos. Buyer to verify all room sizes.
Stofel & Associates Realty
Features & Details
Learn about the features and details of 516 Gulf Blvd
Property Details
Property Type
Triplex
Living Area
3,090 sqft
Year Built
1932
Lot Size
-
Stories
-
Annual Tax
$47,538.00
List Date
7/31/2025
Updated
8/14/2025
Last Checked
Recent
MLS Number
#A11850079
Brokerage
Stofel & Associates Realty
Postal Code
33785
Area
Other
City
Indian Rocks Beach
Additional Property Features
Occupancy
CallAgent
List Price
$4,500,000.00
Unit Number
-
Construction
Frame
Heating
Central,Other
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air, Ceiling Fans, Wall Window Units
Elevator
No
Locker
No
Swimming Pool
None
Patio
Deck,Open,Patio,Porch
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 516 Gulf Blvd
$0
20.0%
$4,500,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$21,573
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Cash Flow Analysis
Mortgage Payment:
$21,572.92
Monthly Payment:
$25,534.42
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this impressive triplex in the heart of Indian Rocks Beach. This well-appointed property offers 3,090 square feet of living space. Originally built in 1932. Offered at $4,500,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.