391 12TH AVENUE, INDIAN ROCKS BEACH, FL, 33785
Active191 days on marketListed Jan 26, 2026MLS #TB8468881
About this home
391 12TH AVENUE
One of Indian Rocks Beach's Finest Waterfront Estates Crafted by renowned luxury builder Alvarez Homes, one of Tampa Bay's most respected names in custom estate construction, this extraordinary waterfront residence is a rare offering that combines timeless craftsmanship, exceptional design, and an unparalleled coastal lifestyle. Situated on an expansive double waterfront homesite with approximately 146 feet of protected Intracoastal frontage, this spectacular estate was thoughtfully designed for those who appreciate privacy, elegance, and effortless waterfront living. Every detail reflects the uncompromising quality, architectural excellence, and enduring craftsmanship that have made Alvarez Homes one of the Gulf Coast's premier luxury builders. Designed to maximize its exceptional waterfront setting, the residence offers expansive living and entertaining spaces that flow seamlessly to resort-style outdoor amenities. Whether hosting elegant gatherings, relaxing beside the pool, or enjoying breathtaking sunsets from your private dock, every space has been created to embrace the very best of Florida waterfront living. For boating enthusiasts, deep-water dockage provides immediate access to the Intracoastal Waterway and the Gulf of Mexico. Just moments away, enjoy the white-sand beaches of Indian Rocks Beach, award-winning restaurants, boutique shopping, and convenient access to Clearwater, St. Petersburg, Tampa, and two international airports. The rare double waterfront homesite, exceptional construction, luxurious finishes, and timeless design make this far more than a residence—it is a legacy estate that will be treasured for generations. This is a once-in-a-generation opportunity to own one of the finest custom-built waterfront estates on Florida's Gulf Coast, where exceptional craftsmanship, remarkable architecture, and an extraordinary waterfront lifestyle come together in perfect harmony. More than a home, this is a legacy waterfront estate—where unforgettable sunsets, world-class boating, and the relaxed elegance of coastal living come together in one remarkable address. Experience one of the Gulf Coast's finest waterfront and discover why opportunities like this rarely come to market.
Facts & features
The home at a glance
6
Bedrooms
6.5
Bathrooms
6,243
Sqft
0.33 ac
Lot size
6
Garage
2017
Year built
Multi/Split
Levels
$1,041
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$41,990 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$41,990/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Indian Rocks Beach actives
$1,041 vs $617
Days on market
191 vs 68 typical
Where $1,041/sqft sits among the 86 Indian Rocks Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Indian Rocks
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Indian Rocks Beach. See the full Indian Rocks Beach guide →
Indian Rocks — neighborhood snapshot
Population
3,655
Median age
59
Median income
$104,994
Median home value
$687,925
Avg household
2
Households w/ children
160
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Indian Rocks Beach market
$950K → $755K
Indian Rocks Beach median sold, yr/yr
94.2%
Sale-to-list ratio (12 mo)
45 of 86
Indian Rocks Beach actives have cut their price
Median sold price, Indian Rocks Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 819% above the INDIAN ROCKS BEACH 33785 median. See the full Indian Rocks Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 391 12TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$2,400,000
357 12TH AVENUE · same community
5 bd · 4.5 ba · 3,355 sqft · $715/sqft · 30 DOM
Sold · Nov ’25$1,000,000
425 12TH AVENUE · same community
3 bd · 3 ba · 1,950 sqft · $513/sqft · 174 DOM
Sold · Apr ’26$1,595,000
387 12TH AVENUE · same community
3 bd · 2 ba · 1,874 sqft · $851/sqft · 46 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 391 12TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 391 12TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
391 12TH AVENUE FAQs
What would the monthly payment be for 391 12TH AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $41,990/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 391 12TH AVENUE?+
The most recent tax bill on record (2024) was $51,894. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Indian Rocks Beach?+
At $6,499,000, this home is listed about 768% above the Indian Rocks Beach median of $749,000. The market section on this page shows how the area is trending.
Which schools are assigned to 391 12TH AVENUE?+
Anona Elementary School (elementary), Largo High School (high), Seminole Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$6,499,000 runs 819% above the INDIAN ROCKS BEACH 33785 median — but at 6,243 sqft it's also nearly 5 times the size of the typical Indian Rocks Beach listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
191 days on market against a Indian Rocks Beach median of 68 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Anona Elementary School, Largo High School, Seminole Middle School — Anona Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $6,890,000, now $6,499,000 — a $391K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Donna Miller. MLS #TB8468881.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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