A new eight-unit luxury condominium building is set to break ground this summer in Indian Rocks Beach. 

The boutique Sai Ocean Front Residences will rise at 404 Gulf Boulevard, the site of the former 45-key Gulf Towers Motel across from The Original Crabby Bill’s seafood restaurant.  

Tampa philanthropist and real estate investor Dr. Kiran Patel, most notably known for selling WellCare for $200 million in 2002, is developing the project.