Waterfront - Primary on Main
Address
2311 Bay Boulevard, INDIAN ROCKS BEACH, FL
Price
$ 1,875,000
Property Attributes
  • MLS#TB8508876
  • TypeIncome
  • Listing Status Active
  • CountyPinellas
  • CityINDIAN ROCKS BEACH
  • AreaIndian Rocks Bch/Belleair Bch/Indian Shores
  • NeighborhoodINDIAN BEACH RE-REVISED 16TH ADD
  • Zip33785
  • StyleQuadruplex
  • Year Built1961
  • Taxes$ 20084
  • Price$ 1,875,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3418
  • Lot Size0.15 Acres
Data Source:
Stellar MLS
Property Description

This listing offers a one-point lender-paid rate buy down for qualifying buyers. 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.

Price History
5/14/2026 Listed $1,949,000
7/22/2026 4$1,875,000

General Features

Sewer Public Sewer
Heating Central,Electric,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Utilities Cable Connected,Electricity Connected,Public,Water Connected
Roof Membrane
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Range,Range Hood,Refrigerator
Garage Spaces 2
Patio/Porch Features Covered,Deck,Front Porch,Rear Porch
Security Features Security Lights,Smoke Detector(s)
Construction Materials Block,Stucco
Pets Allowed Yes
Year Built 1961
View Water
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 230500
Waterfront Features Canal - Saltwater,Canal Front,Intracoastal Waterway
Community Features Boat Slip,Fishing,Intracoastal Waterway
County Pinellas
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name INDIAN BEACH RE-REVISED 16TH ADD
Garage Y/N true
Status Active
Directions From the intersection of US 41 and Bay Dr (69th Ave W), go west on Bay Dr .6 mi. 2311 Bay Dr is on the right.
City INDIAN ROCKS BEACH
Senior Community Y/N false
MLS Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Lot Size Units Square Feet
Lot Size Square Feet 6382
Carport Y/N false
Listing Terms Cash,Conventional
Land Lease Y/N false
Tax Annual Amount 20084
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/f1e77876-65ae-4a0d-903e-d09532a19c0a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 30
Legal Description INDIAN BEACH RE-REVISED 16TH ADD LOT 30
Water View Bay/Harbor - Partial,Canal,Intracoastal Waterway
Water Access Type Gulf/Ocean,Intracoastal Waterway
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Bonus Room,Breakfast Room Separate,Florida Room,Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N true

Interior Features

Interior Amenities Built-in Features,Ceiling Fan(s),Crown Molding,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Walk-In Closet(s),Window Treatments
Flooring Tile
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 7
LivingAreaSource Public Records
Total Baths 5

Exterior Features

Exterior Amenities Awning(s),Balcony,Fenced,Lighting,Rain Gutters,Sidewalk,Storage
Parking Features Assigned,Driveway,Ground Level,Guest,Off Street,Open
Lot Features FloodZone,City Lot,Landscaped,Level,Sidewalk
Water Source Public
Lot Size Area 6382
Foundation Details Slab
Number of Buildings 1
Building Area Total 4136
Lot Dimensions 54 x 120
Lot Size Acres 0.15
Road Surface Type Paved,Asphalt
Frontage Length Canal: 56
Private Pool false
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33785

Price
AVG $2.67M
$1.88M
Taxes
AVG $22,947
$20,084
Year Built
AVG 1985
1961