509 1st St, Indian Rocks Beach, FL 33785

Off Market May 2023 for $1.1M

$1,155,014

Est. refi paymentEst. refi $8,269/mo

•

2 ba

•

2,081

sq ft

509 1st St, Indian Rocks Beach, FL 33785

About this home

Beach investment property! Paradise calls from this spacious duplex where ALL the work is done-completely remodeled and turnkey! From furnishings, kitchenware, linens to art, this investment is a breeze! The property has an outstanding pool area in a completely fenced yard with large porch covered area and grills for cook outs. Walking distance to gorgeous beaches, a variety of restaurants and an amazing water park! Last year net income was $125,000, and future rentals are available - this is an exceptional opportunity. Both units live like individual homes! Rent out both on a daily, weekly, or monthly basis. There are no rental restrictions on Indian Rocks Beach which makes this property a lucrative investment for rental income. Allow your investment to work for you! Upstairs unit overlooks private pool and has oversized bunkbeds with trundle, allowing for up to six to sleep; master bedroom has king bed, and living room has a pull out sofa bed. Chef's delight in the fully equipped kitchen with open concept floor plan to dining and living room areas, and there is and inside washer/dryer, too! Ground level two bedroom unit has separate dining area, tray ceilings, crown molding, and kitchen with stainless steel appliances and abundant cabinet space; lots of area to help your guests create magical, memorable vacations that will keep them coming back to this sought after destination. Sleeper sofa in living room and separate breakfast bar seats 4. Gorgeous bath with walk in shower, washer, dryer off hallway, both bedrooms have walk-in closets and direct access to large pool through bonus room; all floors are tile and easy care! Heated salt water pool and carport with parking for up to six vehicles including driveway. Each unit has trendy furnishings, and exceptional hard to find outdoor areas to enjoy the pool. Ideal situation for multiple families to enjoy; sleeps up to 14 guests! Vacation in this friendly, small beach town and let the income offset the expenses, this is a wonderful opportunity!

Property Description: Stilt Home

Multi-familyProperty Type

1947Year Built

7,619 sq ftLot Size

$555Est. Price/Sq.Ft.

4 spacesParking

Listed by Julie Folden • COASTAL PROPERTIES GROUP INTERNATIONAL

Contact: 727-493-1555

Bought with Sunny Alexander • RED SASH REALTY LLC

Bought with Michael Beum • RED SASH REALTY LLC

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #U8195244

Redfin Estimate

$1,155,014

$29K since sold in May 2023$34K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 85.9% higher than the average sale price ($621K) of 6 comparable homes.

SOLD AUG 25, 2026
$1,190,000
A
3 beds2 baths1,552 sq ft
333 LA Hacienda Dr, Indian Rocks Beach, FL 33785
SOLD AUG 14, 2026
$535,000
B
3 beds2 baths1,890 sq ft
12196 145th St, Largo, FL 33774
SOLD JUL 16, 2026
$500,000
C
3 beds2 baths1,910 sq ft
11235 Apache Pl, Largo, FL 33774
SOLD APR 29, 2026
$507,500
D
4 beds2 baths1,770 sq ft
14744 Sunset Dr, Largo, FL 33774
SOLD JUL 24, 2026
$552,000
E
3 beds2 baths1,480 sq ft
14321 113th Ave N, Largo, FL 33774
SOLD AUG 6, 2026
$444,000
F
3 beds2 baths1,485 sq ft
202 12th Ave, Indian Rocks Beach, FL 33785

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Earn from this home

Sell

$198,631

Est. take-home

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Refinance

Est. cash available

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Market trends in 33785, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.8%

+1.4% MoM

Median sale price

$680K

$40K MoM

Avg. days on market

68d

9 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 3 HRS AGO
$699,900
2 beds2.5 baths1,180 sq ft
2700 Gulf Blvd #2, Indian Rocks Beach, FL 33785
NEW 10 HRS AGO
$650,000
2 beds2 baths1,450 sq ft
326 Windrush Blvd #202, Indian Rocks Beach, FL 33785
OPEN SAT, 11AM TO 1PM
$1,285,000
2 beds2 baths1,826 sq ft
513 Harbor Dr N, Indian Rocks Beach, FL 33785
3D WALKTHROUGH
$1,149,000
2 beds2 baths1,340 sq ft
1310 Gulf Blvd #502, Indian Rocks Beach, FL 33785
3D WALKTHROUGH
$999,900
2 beds2.5 baths1,795 sq ft
60 Gulf Blvd #402, Indian Rocks Beach, FL 33785
$575,000
3 beds2 baths1,521 sq ft
117 12th Ave, Indian Rocks Beach, FL 33785
$1,299,000
3 beds2 baths1,060 sq ft
20000 Gulf Blvd #603, Indian Shores, FL 33785
$550,000
2 beds1 bath950 sq ft
19417 Gulf Blvd Unit C209, Indian Shores, FL 33785
LISTED BY REDFIN
$465,000
2 beds2 baths1,465 sq ft
630 Garland Cir, Indian Rocks Beach, FL 33785
OPEN SAT, 11AM TO 12PM
$2,195,000
2 beds3 baths1,446 sq ft
2706 Gulf Blvd, Indian Rocks Beach, FL 33785
See all

Provided by Redfin

Sale history for 509 1st St

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #U8195244

May 1, 2023

Sold

$1,184,300

$569/sq ft

Apr 3, 2023

Pending

—

Mar 28, 2023

Listed

$1,250,000

$601/sq ft

Stellar MLS as Distributed by MLS Grid #U8028957

May 17, 2019

Sold

$565,000

$272/sq ft

Apr 9, 2019

Pending

—

Jan 3, 2019

Listed

$619,000

$297/sq ft

Stellar MLS as Distributed by MLS Grid #T2730516

Apr 3, 2015

Sold

$321,000

$154/sq ft

Mar 31, 2015

Pending

—

Mar 12, 2015

Relisted

—

Feb 18, 2015

Pending

—

Dec 29, 2014

Contingent

—

Dec 17, 2014

Listed

$359,900

$173/sq ft

Come enjoy your personal oasis just steps from the beach. The main living area has 3 beds/1 bath and the secondary living space has 2 bed/1bath. This makes it perfect to have a mother in law suite, rental property or vacation rentals etc. It features granite counter tops, trey ceilings, and wall to wall tile. Both main house and mother in law/ rental unit each have their own washer dryer hook up. The roof is brand new with warranty, new a/c and water heater. EVERYTHING is new. This oversized lot is fully fenced for maximum privacy. Plenty of shopping and restaurants within walking distance and the beach is just steps from your front door. Come see your new beach home, it won't last!

Public Records

Aug 5, 2014

Sold

$272,000

$131/sq ft

Stellar MLS as Distributed by MLS Grid #U7584584

Nov 6, 2013

Sold

$175,000

$84/sq ft

Jun 7, 2013

Listed

$189,000

$91/sq ft

Stellar MLS as Distributed by MLS Grid #U7437758

Nov 13, 2009

Listed

Public Records

May 5, 2005

Sold

$400,000

$192/sq ft

Stellar MLS as Distributed by MLS Grid #U7094958

Nov 15, 2004

Listed

$199/sq ft

Public Records

Jan 23, 1996

Sold

$110,000

$53/sq ft

** Price available after signing in.

Year

Property tax

Land + Additions

Assessment*

2025

$13,414 (−17.5%)

$623,482 + $176,518

$800,000

2024

$16,260 (+6.6%)

$732,953 + $272,047

$1,005,000

2023

$15,248 (+57.0%)

$670,561 + $249,439

$920,000

2022

$9,712 (+20.4%)

2021

$8,064 (+8.8%)

2020

$7,409 (−4.4%)

$260,762 + $145,513

$406,275

2019

$7,751 (+12.2%)

2018

$6,905 (+13.9%)

2017

$6,064 (+6.4%)

$199,720 + $122,809

$322,529

2016

$5,697 (+7.5%)

2015

$5,302 (+20.8%)

2014

$4,390 (+14.3%)

2013

$3,841 (+15.7%)

2012

$3,321

Tax history for 509 1st St

Year

Property tax

Land + Additions

Assessment*

2025

$13,414 (−17.5%)

$623,482 + $176,518

$800,000

2024

$16,260 (+6.6%)

$732,953 + $272,047

$1,005,000

2023

$15,248 (+57.0%)

$670,561 + $249,439

$920,000

2022

$9,712 (+20.4%)

2021

$8,064 (+8.8%)

2020

$7,409 (−4.4%)

$260,762 + $145,513

$406,275

2019

$7,751 (+12.2%)

2018

$6,905 (+13.9%)

2017

$6,064 (+6.4%)

$199,720 + $122,809

$322,529

2016

$5,697 (+7.5%)

2015

$5,302 (+20.8%)

2014

$4,390 (+14.3%)

2013

$3,841 (+15.7%)

2012

$3,321

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

75 ft.

Lot depth

100 ft.

Lot size

7,619 Sq. Ft.

Year renovated

1990

Sq. Ft.

1,748

Year built

1947

Style

Multi-Family (2-4 Unit)

County

Pinellas County

APN

143012377640060170

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 14, 2026.

RM-1

Medium Density Residential District

The RM-1, medium density residential district provides for medium density single-family and two-family residential dwellings and correlates with the residential medium RM category of the countywide plan. Any use which is not specifically identified as a permitted use, accessory use or special exception use is a prohibited use. Prohibited uses shall include, but are not limited to, temporary lodging use of a dwelling.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school

Mar 8, 2026 • Final

Residential mechanical

Install a new Mitsubishi mini-split system. Electrical work has already been completed.

HVAC

Apr 3, 2025 • Active

Residential remodel/repair/renovation

Perform a partial electrical rewire and plumbing work following water intrusion. Install new insulation, subflooring, drywall, cabinets, interior doors, and flooring. Paint the interior and install new plumbing fixtures.

Electrical

Plumbing

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: Boat, Covered, Driveway, Golf Cart Parking, Guest, On Street, Open, Under Building
Has Carport
Carport Spaces: 4

Interior

Virtual Tour

Laundry Room Information
Laundry Features: Inside, Laundry Closet, Other, Upper Level

Other Rooms Information
Additional Rooms: Bonus Room,Breakfast Room Separate,Great Room,Inside Utility,Storage Rooms

Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air

Interior Features
Interior Features: Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Other, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-in Closet(s), Window Treatments
Window Features: Shades, Window Treatments
Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
Flooring: Ceramic Tile

Multi-Family Financial Information
Annual Net Income: 125000.00

Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 2
# of Units: 2
Furnished: Yes

Unit Type 1 Information
# of Bathrooms: 1
# of Bedrooms: 2

Unit Type 2 Information
# of Bathrooms: 1
# of Bedrooms: 2

Exterior

Building Information
Construction Materials: Other, Wood Frame
Roof: Shingle

Exterior Features
Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
Exterior Features: Balcony, Fence, French Doors, Other

Pool Information
Has Private Pool
Pool Features: Deck, Heated, In Ground, Lighting, Salt Water, Tile

Property Features
Universal Property Id: US-12103-N-123014377640060170-R-N

Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0

Property Information
Total Num Buildings: 1
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential Income
Property Sub Type: Duplex
Zoning: RES

Land Information
Total Acreage: 0 to less than 1/4

Lot Information
Lot Features: Cul-De-Sac, City Limits, Near Marina, Street Dead-End
Lot Size Acres: 0.17
Lot Size Dimensions: 75x100
Road Surface Type: Paved
Lot Size Square Meters: 708
Planned Unit Development YN: 0
Other Exemptions YN: 0

Building Information
MFR_BuildingAreaTotalSrchSqM: 275.92

Financial

Tax Information
Tax Annual Amount: $9,712.32
Tax Year: 2022

Lease / Rent Details
Lease Restrictions YN: 0

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Location

HOA Information
MFR_Association2YN: 0
Association Approval Required Y/N: 0

Location Information
Directions: From SR 688 head west over Indian Rocks Beach bridge, turn right on 1st Steet just before Gulf Blvd and property is on right.

Community Information
Community Features: Boat Ramp, Fishing, Golf Carts OK, Pool

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,748
Stories: 2.0
Lot Size: 7,619 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1947
Year Renovated: 1990
County: Pinellas County
APN: 143012377640060170

Home facts updated by county records on Aug 14, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Attribution Contact: 727-493-1555
Previous Status: Pending
Backups Requested YN: 1

Listing Date Information
Days to Contract: 6
Status Contractual Search Date: 2023-05-01

Listing Price Information
Calculated List Price By Calculated Sq Ft: 600.67

Green Information
Green Verification Count: 0

Home Information
Living Area: 2081
Living Area Units: Square Feet
Living Area Source: Estimated
Living Area Meters: 193.33
Building Area Total: 2970
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Stilt/On Piling
Levels: Two
Security Features: Smoke Detector(s)

Around this home

Schools

Anona Elementary School

Public PreK-5 • Assigned • 1.1mi

9/10

Seminole Middle School

Public 6-8 • Assigned • 2.9mi

7/10

Seminole High School

Public 9-12 • Assigned • 3.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 107° expected this year, 26 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indian Rocks Beach, FL • 33785

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.2 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.10M – $1.33M

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New listings for sale in 33785

NEW 3 HRS AGO

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NEW 10 HRS AGO3D WALKTHROUGH

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OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

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3D WALKTHROUGH

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3D WALKTHROUGH

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LISTED BY REDFIN3D WALKTHROUGH

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Home values near 509 1st St

Data from public records.

Address	Redfin Estimate
505 1st Street, Indian Rocks Beach, FL - Beds \| 4 Baths \| 2924 Sq. Ft.	$1,163,587
517 1st Street Unit 3, Indian Rocks Beach, FL 2 Beds \| 2.5 Baths \| 1200 Sq. Ft.	$534,652

Address	Redfin Estimate
517 1st Street Unit 6, Indian Rocks Beach, FL - Beds \| - Baths \| 1200 Sq. Ft.	$461,699
517 1st Street Unit 2, Indian Rocks Beach, FL - Beds \| - Baths \| 1200 Sq. Ft.	$457,915

Address	Redfin Estimate
517 1st Street Unit 5, Indian Rocks Beach, FL 2 Beds \| 2.5 Baths \| 1200 Sq. Ft.	$536,674
511 1st Street Unit A, Indian Rocks Beach, FL - Beds \| - Baths \| 1000 Sq. Ft.	$390,075

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33785, FL

Sale history for 509 1st St

Tax history for 509 1st St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33785

Home values near 509 1st St

More real estate resources