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33226255
33226058

19306 Gulf Boulevard, Indian Shores, FL 33785

AP
FL SL3462455
Engel & Völkers Madeira Beach
EP
3370730
Engel & Völkers Madeira Beach
Listed by Engel & Völkers Madeira Beach
$3,500,000
3 days on market
Updated 2 days ago

Fix & Flip / Redevelop - Condo/Hotel STR - 19306 Gulf Blvd

Details
Property Type Multifamily, Hospitality
Sub Type Single Family Rental Portfolio, Apartment Building (+1)
Square Footage 4,695
Units 8
Tenancy Vacant
Year Built 1971
Buildings 1
Stories 3
Lot Size (SqFt) 2,402
Parking Spaces 8 spaces
Parking Per SqFt 1.70
Investment Type Value Add

50 Feet of Direct Gulf Frontage | Rare Redevelopment & Value-Add Opportunity

Marketing description

Positioned on 50 feet of direct Gulf frontage in the highly sought-after beach community of Indian Shores, this exceptional property presents a rare opportunity to acquire a premier beachfront asset with significant upside potential. Zoned for condo/hotel use, the site offers flexibility for investors, developers, and hospitality operators seeking to capitalize on one of Florida’s most desirable coastal markets.

Previously operated as seasonal vacation rentals, the property features Gulf-front units with unobstructed water views and breathtaking sunset vistas year-round. Following storm-related water intrusion, the asset is being offered as a compelling redevelopment, repositioning, or extensive renovation opportunity—allowing a new owner to create a modern beachfront destination tailored to today’s traveler and investor demand.

Indian Shores continues to benefit from strong tourism fundamentals, limited Gulf-front development opportunities, and convenient access to major demand drivers, including Clearwater Beach, St. Petersburg, and Tampa International Airport. Whether pursuing a boutique hotel concept, luxury vacation rental product, condo-hotel redevelopment, or a long-term hold strategy, opportunities of this scale and location are increasingly scarce.

For investors seeking additional scale, the adjacent property at 19310 Gulf Blvd is also available for purchase, creating the potential for a larger assemblage with expanded frontage, enhanced redevelopment options, and greater long-term value creation.

Rarely does a Gulf-front redevelopment opportunity with this level of location, zoning flexibility, and expansion potential become available in Indian Shores.

Investment highlights

Investment Highlights

  • 50 Feet of Direct Gulf Frontage – Irreplaceable beachfront location with unobstructed Gulf views and year-round sunset exposure.
  • Condo/Hotel Zoning – Flexible zoning supports a variety of hospitality, vacation rental, and redevelopment strategies.
  • Value-Add Opportunity – Property is being offered as a remodel, repositioning, or redevelopment opportunity with significant upside potential.
  • Established Vacation Rental Location – Historically operated as seasonal vacation rentals in a market with strong tourism demand.
  • Premier Indian Shores Address – Located in one of Tampa Bay’s most desirable beach communities with limited Gulf-front inventory.
  • Strong Tourism Fundamentals – Positioned between Clearwater Beach and St. Pete Beach, attracting visitors year-round.
  • Exceptional Redevelopment Potential – Opportunity to create a modern boutique hospitality concept, luxury vacation rental property, or condo-hotel project.
  • All Units Feature Gulf Views – Every unit enjoys direct Gulf-facing views, enhancing future rental and resale value.
  • Convenient Regional Access – Approximately 30 minutes from Tampa International Airport and within easy reach of major attractions and employment centers.
  • Rare Gulf-Front Acquisition Opportunity – Few remaining beachfront redevelopment sites exist along the Pinellas County coastline.
  • Assemblage Opportunity Available – Adjacent property at 19310 Gulf Blvd is also available, creating the potential for increased frontage, scale, and development flexibility.
  • Long-Term Supply Constraints – Limited developable beachfront land combined with ongoing tourism growth supports long-term value appreciation.

Listing Contacts

AP
FL SL3462455
Engel & Völkers Madeira Beach
EP
3370730
Engel & Völkers Madeira Beach
Listed by Engel & Völkers Madeira Beach

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Additional Information

Name
Ashley Pedone
License
SL3462455
Brokerage
Engel & Völkers Madeira Beach
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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