407 20TH AVENUE, Indian Rocks Beach, FL, 33785 | $895,000

Investor special, cash only in Indian Rocks Beach! Opportunity awaits on this can't miss Intracoastal waterfront property. Nestled in an adorable and sought-after seaside community just minutes from the sugar sands of the Gulf. This property offers prime tear down potential for builders or investors looking to maximize value with a dream waterfront build on a 6700 sqft lot. Alternatively, this coastal cottage can be brought back to life with intentional single-story and ground-floor living. The address supports multiple investment exit strategies. Enjoy direct water access off your private dock for boating, kayaking, paddle boarding, or fishing right from the backyard. Southern exposure protects you from wind and captures the warm sunsets. Golf cart friendly roads allow you to meander your way through tropical paradise, cruise to local establishments, and park in designated parking spots around town. The lot is situated just two blocks to one of the 24 beach access points and miles of Gulf coastline. Kolb Park is nearby which features tennis and pickleball courts, a skate park, playground, basketball court, and fields used by IRB Little League and Senior Softball. Zoned for top rated schools and close to local restaurants and shops, the location also provides quick access to Tampa, St. Petersburg, and two International Airports. This is a prime redevelopment opportunity in a high demand coastal pocket, ready for your vision.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: None
  • Year Built: 1969
  • Garage: 1-car
  • Heating: None
  • Cooling: None
  • Approx Sq. Feet: 1,080
  • Acreage: 0.15
  • Est. Taxes: $2,351
  • Lot Desc: Flood Insurance Required
  • View: Water
  • Elem. School: Anona Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Largo High-PN
  • Appliances: None
  • MLS#: TB8482144
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/TB8482144/40720thavenue_indianrocksbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/18/2026 5:35:17 AM)

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NMLS Mortgage Loan Originator ID 32556

339.224.0866

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407 20TH AVENUE, Indian Rocks Beach, FL, 33785

$895,000

Mike Molisse

Sales Associate

William Raveis Real Estate

Phone: 781.331.4339

Mike.Molisse@raveis.com

Scott Petersen

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 339.224.0866

Scott.Petersen@raveis.com

NMLS Mortgage Loan Originator ID 32556

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $716,000 $716,000 $716,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.349% 6.183%
Monthly Tax Payment $196 $196 $196
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,293 $4,409 $6,042
Total Monthly Payment $4,581 $4,697 $6,330

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.