2311 BAY BLVD, INDIAN ROCKS BEACH, FL, 33785
$2,495,000
Residential Income
|
Bedrooms
7
|
Bathrooms
5
|
Living Area
3,418 Sqft
|
Lot Size
6,382 Sqft
|
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 Café 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8321635 | Year Built: | 1961 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Block, Stucco | |
| Cooling: | Central Air, Wall/Window Unit(s) | Country: | US | |
| Exterior Features: | Awning(s), Balcony, Fence, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage | Financial Data Source: | Owner | |
| Flooring: | Tile | Foundation Details: | Slab | |
| Furnished: | Furnished | Heating: | Central, Electric, Wall Units / Window Unit | |
| Laundry Features: | Other | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Lot Features: | FloodZone, City Limits, Landscaped, Level, Sidewalk, Private | |
| Other Structures: | Storage | Parking Features: | Assigned, Driveway, Ground Level, Guest, Off Street, Open | |
| Patio And Porch Features: | Covered, Deck, Front Porch, Rear Porch | Pets Allowed: | Yes | |
| Property Sub Type: | Quadruplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt | Roof: | Membrane | |
| Sewer: | Public Sewer | Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Connected, Electricity Connected, Public, Water Connected | |
| Water Source: | Public | Waterfront Features: | Canal - Saltwater, Canal Front, Intracoastal Waterway | |
| Window Features: | Blinds | |||
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