UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,292 sqft
Price per Sqft $359
Subdivision Haven Beach Sub
MLS Listing ID TB8401077
Bedrooms 3
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1957
Annual Tax Amount $6,488
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x100
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Plans for an elevated beach house attached.
This home is in the RM-1 zoning district, so a duplex is allowed.
Projected short term income rates attached. For informational purposes only yet you can see the amount of money this property can generate.
Endless opportunity awaits at 508 2nd Street—an exceptional land value offering just steps from the powdery sands and turquoise waters of Indian Rocks Beach. Nestled on a quiet, dead-end street, this prime coastal lot presents the perfect canvas for your dream beach retreat or a lucrative investment project.
The existing structure was impacted by flooding and does not comply with FEMA's 50/50 rule, making it a teardown. This is your chance to start fresh and build new in a highly desirable location where walkability to the beach, shops, and dining is second to none.
Whether you're envisioning a luxury coastal escape, a vacation rental, or a modern beach bungalow, the location and potential here are unmatched. Indian Rocks Beach is one of the last true beach towns on Florida's Gulf Coast—laid-back, community-oriented, and brimming with charm.
Property is being sold for land value only. Bring your architect, builder, and imagination. This is a rare opportunity to own a slice of paradise with the freedom to create something spectacular.
*Located on a dead-end street.
*Steps to the beach
*Tear-down required – FEMA 50/50 rule applies
*Land value sale in one of the Gulf's most beloved beach communities.
*Plans are attached for an "Elevated Wood Frame Beach House & Survey". Please ask your agent or myself to send a copy.
Before the storms this was a performing short term rental.
Opportunities like this don't come along often—seize your chance to build the beach life you've always wanted.
Location
State FL
County Pinellas
Community Haven Beach Sub
Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Fireplace false
Appliance None
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Other
Roof Type Shingle
Exposure West
Garage false
Private Pool No
Building
Lot Description FloodZone, Near Public Transit, Street Dead-End
Story 1
Entry Level One
Foundation Other
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Fixer
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Owner Financing, Private Financing Available
Listing Terms Cash, Conventional, Other, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://lens-honey-llc.aryeo.com/videos/0197a558-82e3-736a-8be4-d4f6e960958d?v=356
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