4 Gulf Boulevard, Indian Rocks Beach, FL 33785

$4,500,000
List Price
$4,500,000
Status
Active
Days on Market
11
MLS#
U8242219
Lot Size
11,350
Acres
0.26
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Four Gulf Blvd Condo
MLS Area Major
Indian Rocks Bch/Belleair Bch/Indian Shores

Property Description

An amazing and rare opportunity for redevelopment of multifamily or large single-family home on the Narrows in Indian Rocks Beach! Recent sales of new single-family homes just eight properties to the north of this location just in the $10 million range. This unique location is beach and Intracoastal front with panoramic water views on both sides for epic breathtaking experiences of sunrises and sunsets. This property has boat docks across the street on the Intracoastal with riparian ownership rights. This lot is 50 feet wide by 205 feet deep. The property has a four-unit condominium building on it. The structure is elevated on pilings and each condominium is a two-bedroom, two-bath 1,100-square-foot unit with a beach side balcony overlooking the gulf as well as Intracoastal-facing balconies. There are eight parking spaces under the building with a guest parking space in front of the building. The boat dock across Gulf Boulevard from the building has four boat slips. There is no condominium association or fees, and no rental restrictions. On a special note, the owners did not relinquish their easement property rights associated with the beach nourishment on the gulf side of the property. They have retained their property rights westward of the seawall. Don’t miss this spectacular opportunity.

Additional Information

Taxes
$20462
Location
Buildable, City Limits
Community Features
No Deed Restriction
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
Pool
No Pool
Elementary School
Anona Elementary-Pn
Middle School
Seminole Middle-Pn
High School
Seminole High-PN
Water Extras
Assigned Boat Slip, Fishing Pier, Seawall - Concrete, Skiing Allowed
Water View
Beach, Gulf/Ocean - Full, Intracoastal Waterway
Water Access
Beach, Gulf/Ocean, Intracoastal Waterway
Water Frontage
Beach Front, Gulf/Ocean, Intracoastal Waterway
Flood Zone Code
AE
Parcel ID
13-30-14-29248-000-0001
Legal Description
FOUR GULF BOULEVARD CONDO (COMMON ELEMENTS)

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Listing courtesy of PREMIER SOTHEBY'S INTL REALTY.

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