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18602 Gulf Blvd - 100' Gulf Front 9-10 Unit "By-Right" Site 0.72 Acres of Residential Land Offered at $8,826,705 CAD in Indian Shores, FL 33785

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Investment Highlights

100' Direct Gulf Frontage: Wide footprint with ±234' buildable depth
"By-Right" Development Path: Zoning allows 9-10 units up to 5 stories over parking
Flood Zone AE: Strategic cost savings for build-out and insurance vs VE

Shovel-Ready / De-Risked: Fully cleared site, with demolition complete
No Residential FAR Cap: Maximum square footage yield for luxury units
Proven Market: Modeled on nearby Onella (currently $1,200/SF)

Executive Summary

SHOVEL-READY & BY-RIGHT. This ±0.72-acre (MOL) Gulf-front parcel is cleared and prepared for immediate vertical construction. Zoned RFM (Resort Facilities Medium) in Indian Shores, the site provides a "By-Right" development path for a world-class estate or a boutique 9-10 unit luxury condo project with uncapped square footage (no max FAR for residential). Featuring 100’ of direct Gulf frontage and ±234' buildable depth, the site offers a level of scale and design flexibility rarely found on the Pinellas Barrier Islands. Located within 35 minutes of Tampa International and Downtown St. Pete, this is a premier opportunity for high-margin development (modeled after nearby Onella, currently trading at $1,200/SF).

Property Facts

Price	$8,826,705 CAD	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Condition	Redevelopment Project	Proposed Use	Multifamily Apartment Units - Condo Single Family Development
No. Lots	1	Total Lot Size	0.72 AC
Zoning	RFM - Condos, apts, single/multifamily, resort/tourist lodging. Max density 9-10 units based on 18/acre. Max ht 5 stories/50 ft above parking. No FAR limit.

Price	$8,826,705 CAD
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units - Condo Single Family Development
Total Lot Size	0.72 AC
Zoning	RFM - Condos, apts, single/multifamily, resort/tourist lodging. Max density 9-10 units based on 18/acre. Max ht 5 stories/50 ft above parking. No FAR limit.

1 Lot Available

Lot

Price	$8,826,705 CAD	Lot Size	0.72 AC
Price Per AC	$12,259,312.21 CAD

Price	$8,826,705 CAD
Price Per AC	$12,259,312.21 CAD
Lot Size	0.72 AC

Rare 100' wide Gulf-front site in Indian Shores, FL with ±0.72 acres, zoned RFM. Now fully cleared following recent demolition. ±0.54 acres of buildable area for exclusive beachfront estate or 9-10 luxury large-format condos.

Description

PREMIER GULF-FRONT DEVELOPMENT CANVAS. This premier 100’ wide Gulf-front parcel with ±0.72 total acres (MOL) and ±0.54 acres buildable (MOL) features direct beach frontage and a buildable depth of ±234' (MOL). Recently cleared, this site is a clean canvas for a world-class estate, family compound, or boutique 9-10 unit luxury condo project. Situated in the RFM zoning district of Indian Shores, this site provides a "By-Right" development path with no rezoning required and uncapped square footage (no FAR limit for residential). This allows for ultra-high-end, large-format residences such as nearby Onella, a 10-unit condo project currently selling in the $1,200/SF range.

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