2311 BAY BLVD new

Indian Rocks Beach,FL 33785

$ 2495000

7 Beds

5 Baths

3418 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,418 sqft

Price per Sqft $729

Subdivision Indian Beach Re-Revised 16Th Add

MLS Listing ID TB8321635

Bedrooms 7

HOA Y/N No

Originating Board Stellar MLS

Year Built 1961

Annual Tax Amount $27,556

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 54x120

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 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.

Location

State FL

County Pinellas

Community Indian Beach Re-Revised 16Th Add

Interior

Interior Features Built-in Features,Ceiling Fans(s),Crown Molding,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Walk-In Closet(s),Window Treatments

Heating Central,Electric,Wall Units / Window Unit

Cooling Central Air,Wall/Window Unit(s)

Flooring Tile

Furnishings Furnished

Fireplace false

Appliance Range,Refrigerator

Laundry Other

Exterior

Exterior Feature Awning(s),Balcony,Fence,Lighting,Outdoor Shower,Rain Gutters,Sidewalk,Storage

Garage Assigned,Driveway,Ground Level,Guest,Off Street,Open

Garage Spaces 2.0

Utilities Available Cable Connected,Electricity Connected,Public,Water Connected

Waterfront true

Waterfront Description Canal - Saltwater,Canal Front,Intracoastal Waterway

View Y/N Yes

Water Access Yes

Water Access Desc Gulf/Ocean,Intracoastal Waterway

Roof Type Membrane

Porch Covered,Deck,Front Porch,Rear Porch

Attached Garage true

Garage true

Private Pool No

Building

Lot Description FloodZone,City Limits,Landscaped,Level,Sidewalk,Private

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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