Record-Priced Land Opportunity Hits The Market At $19 Million

A rare and exceptional Gulf-front land opportunity has entered the market at 400 Gulf Boulevard in Indian Rocks Beach for $19,000,000. This property stands as the highest-priced listing across all categories in the 33785 zip code year-to-date, and the highest-priced land and lot listing in this desirable beachfront area. The property is marketed exclusively by David Grieco of Premier Sotheby’s International Realty’s Beaches of Pinellas office. The listing details may be viewed here.

Situated in the quaint and sought-after community of Indian Rocks Beach, this exceptional one-acre lot boasts 200 feet MOL of prime Gulf of Mexico frontage. Zoned in the Commercial Tourist (CT) district, this versatile property offers immense development potential with zoning that allows for 30 units per acre. Approved uses include multi-family condominiums, hotels, motels, bed-and-breakfast lodging, planned unit developments, or single-family homes.

Located directly across from the vibrant Indian Rocks Beach Business District Triangle and just south of Route 688/Walsingham Road, this property enjoys seamless access to both the beach and mainland. Additionally, the area benefits from no overhead public utilities and access to natural gas lines along Gulf Boulevard. The site is also conveniently positioned just 20 minutes from St. Petersburg-Clearwater Airport and 45 minutes from Tampa International Airport, making it an accessible location for both residents and visitors.

Quote:

“This listing represents a unique opportunity to acquire one of the last sizable undeveloped parcels on Florida’s Gulf Coast, offering unparalleled potential for residential, hospitality, or mixed-use development.”

— David Grieco, Premier Sotheby’s International Realty

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby’s International Realty also benefits from an association with the storied Sotheby’s auction house, established in 1744. The brokerage was founded by The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964, and is proudly associated with Peerage Realty Partners. For more information, visit premiersothebysrealty.com.