201/506 Gulf Blvd

Indian Rocks Beach FL 33785

805 sq. ft.

Condo

Last sold for $585,000

Tim Johnson, last sold this property on 11 August 2026 after 96 days on market.

Overview

ACT FAST! CORNER UNIT! DIRECT GULF VIEWS! ONE OF ONLY 25! FULLY FURNISHED! This is the one you've been waiting for and it won't last. A rare corner unit with direct waterfront views in Pelican Cove, one of Indian Rocks Beach's most exclusive communities with just 25 residences sitting directly on the Gulf. With a private pool and a seagrass path leading straight to the beach, beach life at its absolute finest. This property has been fully renovated and opened up in a way that is truly one-of-a-kind within the complex. Granite countertops, wide-format tile flooring, solid wood cabinetry, and crown molding set the stage, while the expanded bath takes it to another level with double sinks, a walk in shower, and a stackable washer/dryer. Every detail has been thoughtfully designed for the buyer who refuses to settle. Here is what makes it even smarter: 2-week rentals are allowed. That means you can enjoy your Gulf-front getaway on your schedule and let it generate serious income the rest of the year. Gulf-front corner units in intimate communities like this command premium rental rates, especially during peak Florida season. Dedicated parking spot #19 and dedicated storage unit #9. This isn't just a dream home, it's a dream investment. Step outside and you're already walking distance to the beloved restaurants and shops of Indian Rocks Beach. Hop on the coastal bike paths that wind through the area, or take a short drive to Clearwater Beach, premier shopping, St. Pete–Clearwater Airport (20 min), or Tampa International (35 min). Everything you need is right here. Properties at Pelican Cove almost never come to market. When a gulf-front corner unit does, renovated, rental-eligible, with a private pool and beach access, it disappears fast. Don't let someone else wake up to your ocean view. Make this your beach address.

Features

1 bedroom

1 bathroom

805 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Indian Rocks Beach over the last 12 months, the estimated median property value of 201/506 Gulf Blvd is $366k.

Median value

$366k

Estimated value range

$260k - $615k

Median days on market

Estimated value trend

-14%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Indian Rocks Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.