About 508 2nd Street
Price improvement!!! 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.
Features of 508 2nd Street
| MLS® # | TB8401077 |
|---|---|
| Price | $515,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,292 |
| Acres | 0.12 |
| Year Built | 1957 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | KELLER WILLIAMS REALTY- PALM H |
|---|
Listing Map
Neighborhood Information for 508 2nd Street
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Anona Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
Westside Christian School Private - Kindergarten to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Country Day School Indian Rocks Bch Private - Preschool to 5Th Grade |
1 Miles | |
|
|
Oakhurst Elementary School Public - Preschool to 5Th Grade |
2 Miles | |
|
|
Country Day School Private - Preschool to 8Th Grade |
2 Miles | |
|
|
Phillip Roy Academy Private - to |
2 Miles | |
|
|
Indian Rocks Christian School Private - Preschool to 12Th Grade - Closest High School |
2 Miles |
School data provided by GreatSchools