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516 GULF BOULEVARD

Multi-family For Sale
$4,250,000

BTC: 141.66666667

ETH: 2,125.00000000

-$850K (2025/11/10)
464 days
Waterfront
5 bds
3,090 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

PRICE REDUCED!!! If you've been dreaming of owning a generational income producing property. Look no further. Come make memories with your family for years to come and have this property virtually pay for itself. This is a highly sought after rental with repeat customers. Who build their own memories at this amazing beach front front property. It's walkable to restaurants, water parks, shopping and ice cream. Who doesn't want ice cream at the beach. Don't let this opportunity pass you by... This exquisitely curated home and duplex (one bedroom one bath downstairs and upstairs) offers the ideal blend of coastal charm and modern convenience, making it perfect for creating lasting memories for years to come. Zoned for short-term rentals, this property offers a unique opportunity to enjoy breathtaking sunsets while covering your expenses with rental income. With reservations already on the books, you can start benefiting from this investment right away. Recent updates include new AC units, an upgraded electrical service panel, a water heater, mini-splits, and a refreshed downstairs duplex – all completed within the last few years. Situated on an expansive lot of nearly 1/3 acre, this property is zoned for up to 10 units, offering limitless potential. Don’t miss out on this exceptional opportunity to own a piece of paradise! MAIN HOUSE TOTAL SQ FT 2648 APPROXIMATELY DOWNSTAIRS DUPLEX UNIT 448 SQ FT APPROXIMATELY UPSTAIRS DUPLEX UNIT 225 SQ FT APPROXIMATELY PLEASE CHECK OUT FLOR PLANS ATTACHED IN THE PHOTOS FOR ROOM SIZES. Buyer and buyers agent are responsible to confirm all room sizes.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1932
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$1,375
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Levels: Two

    • Exterior Features: Hurricane Shutters / Irrigation System / Lighting / Private Mailbox / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 123014377640020020

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Phone Available

    • Sewer Connected

    • Sprinkler Meter

    • Water Connected

  • Other financial information

    • Annual tax amount: $45,338

  • Source details

    • MLS ID: U8255277

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Stone / Wood Burning

    • Laundry Features: Electric Dryer Hookup / Other / Washer Hookup

    • Waterfront: Yes

    • Fireplace: Yes

    • Living Area: 3090

    • Water Source: Public

    • Lot Size Dimensions: 68 x 115

    • Subdivision Name: HAVEN BEACH SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STOFEL & ASSOCIATES REALTY