2311 BAY BOULEVARD
Indian Rocks Beach, FL 33785
$1,875,000
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 ...
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Listing Courtesy of: CENTURY 21 BEGGINS
813-658-2121
| Listing Id: | TB8508876 |
|---|---|
| List Price: | $1,875,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 7 |
| Bathrooms Full: | 5 |
| Living Area: | 3,418 |
| Tax Annual Amount: | $20,084 |
| Lot Size Square Feet: | 6,382 |
| Lot Size Acres: | 0.15 |
| Waterfront?: | Yes |
| City: | Indian Rocks Beach |
| County Or Parish: | Pinellas |
| Subdivision Name: | Indian Beach Re-Revised 16 Th Add |
| Postal Code: | 33785 |
| Year Built: | 1961 |
| Appliances: | Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 5 |
| Building Area Source: | Public Records |
| Building Area Total: | 4136 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block, Stucco |
| Cooling: | Central Air, Wall/Window Unit(s) |
| 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. |
| Exterior Features: | Awning(s), Balcony, Fence, Lighting, Rain Gutters, Sidewalk, Storage |
| Flooring: | Tile |
| Furnished: | Furnished |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Gross Income: | $230,500 |
| Heating: | Central, Electric, Ductless |
| Interior Features: | Built-in Features, Ceiling Fans(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 |
| Laundry Features: | Inside |
| Levels: | Two |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | FloodZone, City Limits, Landscaped, Level, Sidewalk, Paved |
| Lot Size Acres: | 0.15 |
| Lot Size Dimensions: | 54 x 120 |
| MLS Area Major: | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores |
| MLS Area Major: | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores |
| Original List Price: | $1,949,000 |
| Parcel Number: | 06-30-15-42318-000-0300 |
| Parking Features: | Assigned, Driveway, Ground Level, Guest, Off Street, Open |
| Patio And Porch Features: | Covered, Deck, Front Porch, Rear Porch |
| Pets Allowed: | Yes |
| Township: | 30 |
| Road Surface Type: | Asphalt |
| Roof: | Membrane |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Security Features: | Security Lights, Smoke Detector(s) |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Cable Connected, Electricity Connected, Public, Water Connected |
| View: | Water |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 06 |
| Waterfront Features: | Canal - Saltwater, Canal Front, Intracoastal Waterway |
| Window Features: | Blinds |
| Additional Rooms: | Bonus Room, Breakfast Room Separate, Florida Room, Inside Utility |
| Alternate Key Folio Num: | 30-15-06-42318-000-0300 |
| Annual Net Income: | 195000.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 384.25 |
| Calculated List Price By Calcula: | 548.57 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8508876?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8508876?w=Customer |
| Dpryn: | No |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0113H |
| Green Verification Count: | 0 |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 317.54 |
| Lot Size Square Meters: | 593 |
| Minimum Lease: | No Minimum |
| Realtor Info: | As-Is |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 4 |
| Unit Number Yn: | No |
| Water Access: | Gulf/Ocean, Intracoastal Waterway |
| Water Access Yn: | Yes |
| Water Extras: | Davits, Lift, Sailboat Water, Seawall - Concrete |
| Water Extras Yn: | Yes |
| Water Frontage Feet Canal Salt: | 56 |
| Water Frontage Feet Icw: | 56 |
| Waterfront Feet Total: | 168 |
| Water View: | Yes |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Individually Metered: | Electric |
| Association 2 Yn: | 0 |
| Attribution Contact: | 813-658-2121 |
| Originating System Name : | Stellar MLS |
| Community Association Water Features: | Boat Slip, Fishing, Intracoastal Waterway |
| Dock Description: | Dock - Wood, Lift |
| Dock Dimensions: | 5x10 |
| Dock Lift Capacity: | 12000 |
| Dock Yn: | Yes |
| Water Frontage Feet Canal Front: | 56 |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-05-14 |
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Property Last Updated: November 06, 2026 12:45 PM - ET
