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About This Home

This 3-bedroom, 2-bathroom single family at 508 2ND STREET in Indian Rocks Beach, FL is listed for $475,000 ($368 per sqft). Built in 1957, the home offers 1,292 sqft of living space on a 0.12 acres lot.

Agent Description

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.

Key Features

  • Built in 1957
  • 0.12 acre lot

Property Details

2 full
1957

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

508 2ND STREET

Indian Rocks Beach, FL 33785

HAVEN BEACH SUB

Property Details

Construction

Frame

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 508 2ND STREET is listed at $475,000 ($368/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.12 acre lot.

This property is listed by Gregory Schreiber and can be reached at 7862233324 or gregschreiber@kw.com.

GS

Gregory Schreiber

Agent at KELLER WILLIAMS REALTY- PALM H

(786) 223-3324

Listed by KELLER WILLIAMS REALTY- PALM H · View on Broker Site

MLS# TB8401077· Source: listhub· Updated 340 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.

508 2ND STREET, Indian Rocks Beach, FL 33785

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