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About This Home

This 1-bedroom, 1-bathroom condo at 506 GULF BOULEVARD in Indian Rocks Beach, FL is listed for $599,000 ($744 per sqft). Built in 1978, the home offers 805 sqft of living space on a N/A lot.

Agent Description

ACT FAST! CORNER UNIT! DIRECT GULF VIEWS! ONE OF ONLY 25! FULLY FURNISHED! This is the one you've been waiting for and it won't last. A rare corner unit with direct waterfront views in Pelican Cove, one of Indian Rocks Beach's most exclusive communities with just 25 residences sitting directly on the Gulf.

With a private pool and a seagrass path leading straight to the beach, beach life at its absolute finest. This property has been fully renovated and opened up in a way that is truly one-of-a-kind within the complex. Granite countertops, wide-format tile flooring, solid wood cabinetry, and crown molding set the stage, while the expanded bath takes it to another level with double sinks, a walk in shower, and a stackable washer/dryer.

Every detail has been thoughtfully designed for the buyer who refuses to settle. Here is what makes it even smarter: 2-week rentals are allowed. That means you can enjoy your Gulf-front getaway on your schedule and let it generate serious income the rest of the year.

Gulf-front corner units in intimate communities like this command premium rental rates, especially during peak Florida season. Dedicated parking spot #19 and dedicated storage unit #9. This isn't just a dream home, it's a dream investment. Step outside and you're already walking distance to the beloved restaurants and shops of Indian Rocks Beach.

Hop on the coastal bike paths that wind through the area, or take a short drive to Clearwater Beach, premier shopping, St. Pete–Clearwater Airport (20 min), or Tampa International (35 min). Everything you need is right here. Properties at Pelican Cove almost never come to market. When a gulf-front corner unit does, renovated, rental-eligible, with a private pool and beach access, it disappears fast. Don't let someone else wake up to your ocean view. Make this your beach address.

Key Features

  • Built in 1978
  • Waterfront

Property Details

1 full
#201
1978

Amenities

Waterfront

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

506 GULF BOULEVARD

Indian Rocks Beach, FL 33785

PELICANS COVE CONDO

Features & Amenities

Interior Features

Ceiling Fans(s)Crown MoldingEat-in KitchenLiving Room/Dining Room ComboWindow Treatments

Exterior Features

Hurricane ShuttersPrivate EntranceSliding DoorsStorage

Property Details

Flooring

TileTile - Ceramic

Construction

BlockStucco

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 1-bedroom, 1-bathroom condo at 506 GULF BOULEVARD is listed at $599,000 ($744/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.

Key features include: Built in 1978, Waterfront. Interior Features: Ceiling Fans(s), Crown Molding, Eat-in Kitchen. Exterior Features: Hurricane Shutters, Private Entrance, Sliding Doors.

This property is listed by Tim Johnson and can be reached at 7272246856 or tim@waterfrontrealty.com.

TJ

Tim Johnson

Agent at WATERFRONT REALTY TAMPABAY

(727) 224-6856

Listed by WATERFRONT REALTY TAMPABAY · View on Broker Site

MLS# TB8505444· Source: listhub· Updated 27 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 GULF BOULEVARD, Indian Rocks Beach, FL 33785

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