508 2nd Street, Indian Rocks Beach, FL 33785
Local realty services provided by:CENTURY 21 SUNBELT REALTY
Listed by: gregory schreiber, lillyawna pepper
Office: keller williams realty- palm h
MLS#:TB8401077
Source:MFRMLS
Price summary
- Price:$485,000
- Price per sq. ft.:$338.69
About this home
Price improvement!!!
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....
Contact an agent
Home facts
- Year built:1957
- Listing ID #:TB8401077
- Added:328 day(s) ago
- Updated:May 21, 2026 at 12:02 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,292 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1957
- Building area:1,292 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Flood Zone, Near Public Transit
- Construction Materials:Frame
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$485,000
- Price per sq. ft.:$338.69
- Tax amount:$6,488 (2024)
Features and amenities
- Pool features:Public Pool
New listings near 508 2nd Street
- New
$349,900Active1 beds 1 baths735 sq. ft.19417 Gulf Boulevard #D201, INDIAN ROCKS BEACH, FL 33785
MLS# TB8510517Listed by: DALTON WADE INC - New
$1,279,000Active2 beds 2 baths1,107 sq. ft.526 20th Avenue, INDIAN ROCKS BEACH, FL 33785
MLS# TB8510307Listed by: LPT REALTY, LLC - New
$3,500,000Active-- beds -- baths4,695 sq. ft.19306 Gulf Boulevard, INDIAN ROCKS BEACH, FL 33785
MLS# TB8510647Listed by: ENGEL & VOLKERS BELLEAIR - New
$499,800Active2 beds 1 baths950 sq. ft.19417 Gulf Boulevard #E103, INDIAN ROCKS BEACH, FL 33785
MLS# TB8509900Listed by: PLUMLEE GULF BEACH REALTY - New
$530,000Active2 beds 2 baths1,008 sq. ft.50 Gulf Boulevard #108, INDIAN ROCKS BEACH, FL 33785
MLS# TB8509682Listed by: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION - New
$1,299,900Active2 beds 2 baths2,187 sq. ft.516 Harbor Drive N, INDIAN ROCKS BEACH, FL 33785
MLS# TB8508298Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL
$1,800,000Pending3 beds 3 baths2,496 sq. ft.531 Harbor Drive N, INDIAN ROCKS BEACH, FL 33785
MLS# TB8508668Listed by: KELLER WILLIAMS REALTY- PALM H- New
$1,949,000Active7 beds 5 baths3,418 sq. ft.2311 Bay Boulevard, INDIAN ROCKS BEACH, FL 33785
MLS# TB8508876Listed by: CENTURY 21 BEGGINS - New
$939,000Active3 beds 2 baths2,220 sq. ft.1005 Gulf Boulevard #10, INDIAN ROCKS BEACH, FL 33785
MLS# TB8507544Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL - New
$975,000Active3 beds 2 baths1,540 sq. ft.399 2nd Street #718, INDIAN ROCKS BEACH, FL 33785
MLS# TB8505117Listed by: KELLER WILLIAMS GULF BEACHES