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Price improvement!!! Owner will consider seller financing. 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.
| DAYS ON MARKET | 176 | LAST UPDATED | 9/30/2025 |
|---|---|---|---|
| TRACT | HAVEN BEACH SUB | YEAR BUILT | 1957 |
| COMMUNITY | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Sep 30, '25 | $530,000 |
|---|---|
| Sep 30, '25 - Today | $515,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| AREA | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores |
| CONSTRUCTION | Frame |
| EXTERIOR | Other |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 50x100 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | HAVEN BEACH SUB |
| TAXES | 6488.46 |
| UTILITIES | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Gregory Schreiber, KELLER WILLIAMS REALTY- PALM H, 727-772-0772
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/18/25 11:42 PM PST.
This IDX solution is (c) Diverse Solutions 2025.