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620 GULF BOULEVARD
About This Property
A rare pre-construction opportunity by award-winning design-build firm Windstar Homes, this extraordinary Gulf-front estate is to be built in the exclusive enclave of Belleair Shore-one of Florida's smallest and most sought after beachfront municipalities.
By selecting this thoughtfully designed custom residence, buyers can significantly reduce the time, expense, and uncertainty typically associated with the custom home design process, including architectural fees. The home has been expertly planned by Windstar Homes, while still offering the flexibility to personalize the design and make modifications to suit individual preferences.
Designed to maximize breathtaking Gulf views while seamlessly blending indoor and outdoor living, this custom coastal masterpiece offers an unparalleled luxury lifestyle. The ground level features an impressive 8-car garage, expansive motor court, and lush tropical landscaping accented by elegant fountains. At the heart of the outdoor living space is a spectacular resort-style pool and spa with an outdoor fireplace, creating the ultimate setting for entertaining or relaxing in complete privacy.
A dramatic staircase in the forecourt leads to the main living level, where walls of glass frame panoramic Gulf vistas and flood the interiors with natural light. The chef's kitchen is appointed with premium Wolf and Sub-Zero appliances, an oversized walk-in pantry, and exceptional workspace for both everyday living and grand-scale entertaining.
Expansive living and dining areas, along with a spacious game room, are thoughtfully arranged around a stunning central courtyard, providing elegant gathering spaces that balance sophistication with comfort. The two-story floor plan includes four generously sized bedrooms and five-and-a-half baths, highlighted by a private guest casita that offers exceptional comfort and privacy for family or visitors.
Additional luxury features include an elevator, wine cellar, extensive custom built-ins, and designer finishes throughout. Every detail has been thoughtfully curated to create a residence that embodies timeless coastal architecture, refined craftsmanship, and effortless waterfront living.
Set within a community defined by privacy, tranquility, and enduring seaside elegance, Belleair Shore is unlike any other destination along Florida's Gulf Coast. With only 54 residential homes spanning approximately one mile of pristine sugar-sand beach-and no commercial development-the town offers an exceptionally peaceful beachfront lifestyle. Adding to its rarity, homesites extend to the mean high-water line, providing homeowners with a remarkable sense of true beachfront ownership and an unparalleled connection to the Gulf of Mexico.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Listed by COMPASS FLORIDA LLC | $13,985,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Price Decreased |
$4,500,000
↓ $350K
(7.2%) | |
| Price Decreased | |||
| Apr 9, 2025 | Listed by LESLIE JEFFERY | $4,850,000 | |
| Listed by LESLIE JEFFERY | |||
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Belleair Shore directly on the Gulf. Beautiful gulffront location to build your coastal home. Live the best beach style in these very hard to find vacant lots. This town has only 57 properties along a one mile stretch of sandy beach with large gulf lots - this one is 80' on gulf an 260' deep. The town is free of commercial developments, ensuring private, resident-only beaches for unparalleled serenity and exclusivity. Enjoy endless sunsets and walks on the beach.
There is older one-story home on property which was storm damaged. Owners have demo estimate to clear lot for $39,000 which can be credited to buyers at closing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017