$530,000

Estimated payment $3,429/month

Total Views 4,057
3 Beds
2 Baths
1,292 Sq Ft
$410 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • Central Heating and Cooling System
  • Anona Elementary School Rated A-
  • Living Room
  • 3-minute walk to Chief Chic-A-Si Park

About This Home

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.

Listing Agent

Gregory Schreiber

KELLER WILLIAMS REALTY- PALM H Brokerage Phone: 727-772-0772 License #3220877 Listed on: 06/26/2025

KELLER WILLIAMS REALTY- PALM H

Co-Listing Agent

Lillyawna Pepper

KELLER WILLIAMS REALTY- PALM H Brokerage Phone: 727-772-0772 License #3594513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,488

Year Built

  • Built in 1957

Lot Details

  • 5,066 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Street terminates at a dead end
  • West Facing Home

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Haven Beach Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,488

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 1292
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 1432
  • Lot Size Sq Ft: 5066
  • Directions to Property: Walsignham Rd right to 2nd Street home on the left.
  • Status: Active
  • Co List Office Mls Id: MFR260010721
  • Co List Office Phone: 727-772-0772
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Palm Harbor
  • Escrow Postal Code: 34684
  • Escrow State: FL
  • Escrow Street Name: US Highway 19 N, Suite 101
  • Escrow Street Number: 30522
  • List Office Head Office Key Nume: 1038420
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 410.22
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-772-0772
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Other
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 508
  • Living Area Meters: 120.03
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 12-30-14-37764-006-0080
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Street Dead-End
  • Lot Dimensions: 50x100
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 471

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify any and all possible lease restrictions.

Tax Info

  • Tax Annual Amount: 6488.46
  • Tax Block: 6
  • Tax Book Number: 5-27
  • Tax Lot: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,110 $507,767 $448,326 $59,441
2023 $6,110 $472,026 $417,240 $54,786
2022 $5,554 $443,507 $403,070 $40,437
2021 $4,370 $248,006 $0 $0
2020 $4,060 $224,734 $0 $0
2019 $4,186 $255,451 $208,216 $47,235
2018 $3,799 $235,877 $0 $0
2017 $3,457 $200,029 $0 $0
2016 $3,065 $160,306 $0 $0
2015 $3,113 $158,361 $0 $0
2014 $2,748 $139,591 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $530,000 -- $410 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $156,000 Fidelity Natl Title Fl Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 New Conventional
Closed $140,382 New Conventional
Previous Owner $76,000 Credit Line Revolving
Previous Owner $16,425 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: TB8401077

Stellar MLS

APN: 12-30-14-37764-006-0080