205 BATES AVENUE, Indian Rocks Beach, Florida, 33785

Great income opportunity! Great candidate for cost segregation and bonus depreciation! Brought to you by Noah Thomas Builders - Best in Luxury Coastal. Welcome to your dream property on the Gulf Coast — a newly built luxury duplex just a short stroll from the pristine sands and turquoise waters of Indian Rocks Beach. Whether you’re looking for a high-performing investment, a vacation retreat, or multi-generational living, this rare opportunity checks every box. This FEMA-compliant duplex is engineered with the latest post-hurricane and flood-proof standards. This 5,100 sqft masterpiece sits just blocks from the sand and the Intracoastal Waterway. Each side of this mirror-image duplex offers over 2,550 sqft of light-filled living space, thoughtfully designed for modern beach life. With 4 spacious bedrooms and 5 spa-inspired bathrooms per unit, there's room for family, guests, or short-term renters to relax in comfort and style. You will find a private elevator and 3 car stacked garage per unit. Each unit provides high ceilings, open-plan living, modern architectural angles, outdoor kitchen and relaxing soaking pool terrace, premium appliances and custom cabinetry, luxurious spa-style primary suite with oversized shower and ample closet space. From the fourth floor, sweeping views of the Intracoastal and the Gulf of America. FEMA-Compliant & Nightly Rental Zoned — With approved nightly rental zoning, this offers a dual revenue opportunity in a market where such modern coastal duplexes are rare. Live in one or lease both for strong occupancy potential — either way, it’s a flexible asset with built-in capital resilience and demand. Why investors love it-exceptionally tough build with FEMA-grade flood & hurricane protection, high-margin nightly rental zoning in a sought-after coastal locale, elegant, low-maintenance design tailored for upscale vacationers.