2311 BAY BLVD, INDIAN ROCKS BEACH, FL, 33785
$1,949,000
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, this income property features two boat slips, a 12,000LB 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 $1,600/month. Recent upgrades POST - HURRICANNE include a new roof, roof deck; interior improvements, such as new electric wiring, new cabinetry and fixtures, new flooring where needed. PERMITTING COMPLETE. This turnkey property comes fully furnished, and the first quarter of '26 a gross income of over $75k just in the first few months of this year. MULTI-FAMILY ZONED WATERFRONT PROPERTY with a good 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 Innsbruck 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: MFRTB8508876 Year Built: 1961
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator Construction Materials: Block, Stucco
Cooling: Central Air, Wall/Window Unit(s) Country: US
County Or Parish: Pinellas Exterior Features: Awning(s), Balcony, Fence, Lighting, Rain Gutters, Sidewalk, Storage
Flooring: Tile Foundation Details: Slab
Furnished: Furnished Heating: Central, Electric, Ductless
Laundry Features: Inside Levels: Two
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Lot Features: FloodZone, City Limits, Landscaped, Level, Sidewalk, Paved 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
Security Features: Security Lights, Smoke Detector(s) Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, No Lockbox Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Public, Water Connected View: Water
Water Source: Public Waterfront Features: Canal - Saltwater, Canal Front, Intracoastal Waterway
Window Features: Blinds
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