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2311 Bay Boulevard

Indian Rocks Beach, FL 33785
  • $2,495,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: TB8321635
UPDATED: 53 min ago
$2,495,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,418
    SQFT
  • $730
    $/SQFT
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

Waterfront Quadplex with Boat Dock - Prime Indian Rocks Beach Opportunity! This rare quadplex offers the ultimate combination of beachside living and Intracoastal boating access. Located in sunny Indian Rocks Beach, it features two boat slips, a lift, and davits, perfect for boating enthusiasts, with the beach just steps away. The property includes a spacious top-floor 3-bedroom, 2-bath apartment with inside laundry, two private decks, garaged parking, and stunning open-water views, ideal for rental income or personal use. The ground floor consists of two 2-bedroom, 1-bath units that can connect to create a larger 4-bedroom, 2-bath setup, perfect for families or groups, plus a fully renovated efficiency unit with a market rent of $1,500/month. Recent upgrades include a new roof, roof deck, and interior improvements, with repairs underway to address minor storm flooding on the first level. This turnkey property comes fully furnished, offering a 5% CAP rate and strong future appreciation potential. Steps from the Indian Rocks Public Beach access and popular dining spots like Cocoas Pub and Caf de Paris Bakery, it's also a short drive to Tampa International Airport, Downtown St. Petersburg, and Innsbrook Golf Course. Indian Rocks Beach has quickly rebounded after recent storms, attracting snowbirds and tourists with its warm weather, world-class boating, and vibrant beachside charm. Don't miss this exceptional investment opportunity. Contact us for detailed financials or to schedule a private showing. Please do not disturb occupants.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T10:47:02.687.
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2311 Bay Boulevard Indian Rocks Beach, FL 33785

  • Price: $2,495,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 53 min ago
  • MLS #: TB8321635
7
Beds
0
Baths
0
½ Baths
0.15
Acres
3,418
SQFT
$730
$/SQFT
1961
Built
Neighborhood:
Indian Beach Re-Revised 16Th Add
County:
Pinellas
Area:
Indian Rocks Bch/Belleair Bch/Indian Shores
Property Description
Waterfront Quadplex with Boat Dock - Prime Indian Rocks Beach Opportunity! This rare quadplex offers the ultimate combination of beachside living and Intracoastal boating access. Located in sunny Indian Rocks Beach, it features two boat slips, a lift, and davits, perfect for boating enthusiasts, with the beach just steps away. The property includes a spacious top-floor 3-bedroom, 2-bath apartment with inside laundry, two private decks, garaged parking, and stunning open-water views, ideal for rental income or personal use. The ground floor consists of two 2-bedroom, 1-bath units that can connect to create a larger 4-bedroom, 2-bath setup, perfect for families or groups, plus a fully renovated efficiency unit with a market rent of $1,500/month. Recent upgrades include a new roof, roof deck, and interior improvements, with repairs underway to address minor storm flooding on the first level. This turnkey property comes fully furnished, offering a 5% CAP rate and strong future appreciation potential. Steps from the Indian Rocks Public Beach access and popular dining spots like Cocoas Pub and Caf de Paris Bakery, it's also a short drive to Tampa International Airport, Downtown St. Petersburg, and Innsbrook Golf Course. Indian Rocks Beach has quickly rebounded after recent storms, attracting snowbirds and tourists with its warm weather, world-class boating, and vibrant beachside charm. Don't miss this exceptional investment opportunity. Contact us for detailed financials or to schedule a private showing. Please do not disturb occupants.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 2 Exterior Features Awning(s)BalconyFencedLightingOutdoor ShowerRain GuttersSidewalkStorage Foundation Details Slab Lot Features FloodZoneCity LotLandscapedLevelSidewalk Lot Size Dimensions 54 x 120 Open Parking YN Yes Other Structures Storage Parking Features AssignedDrivewayGround LevelGuestOff StreetOpen Patio And Porch Features CoveredDeckFront PorchRear Porch Pool Private Yn No Road Frontage Type Private Road Road Surface Type Asphalt Roof Membrane Water Access Gulf/OceanIntracoastal Waterway Water Access Yn Yes Water Extras DavitsLiftSailboat WaterSeawall - Concrete Water Extras Yn Yes Water View Bay/Harbor - FullCanalIntracoastal Waterway Water View Yn Yes Waterfront Features Canal - SaltwaterCanal FrontIntracoastal Waterway Waterfront Feet Total 222 Waterfront Yn Yes

Interior Features

Appliances RangeRefrigerator Building Area Total 4446 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring Tile Furnished Furnished Heating CentralElectricWall Units / Window Unit Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)Crown MoldingKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersSolid Wood CabinetsSplit BedroomWalk-In Closet(s)Window Treatments Laundry Features Other Sewer Public Sewer Water Source Public Window Features Blinds

Property Features

Additional Lease Restrictions Per the City of Indian Rocks Beach Annual Net Income 130000 Association Approval Required Yn No Association Yn No Cdd Yn No Community Features Boat SlipFishingIntracoastal Waterway Down Payment Resource No Flood Zone Code AE Garage Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Quadruplex Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 27556 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPublicWater Connected


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CENTURY 21 BEGGINS: 800-541-9923.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T10:47:02.687.
 
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