Active

2311 BAY BLVD

INDIAN ROCKS BEACH FL, 33785

$2,495,000


$729.96 per sqft

Active

7 Beds

5 Baths

3,418 sqft

Multi-family

Built in 1961

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 Cafe 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.

TB8321635

MLS ID

November 15, 2024

Listed

November 26, 2024

Updated

Map

2311 BAY BLVD
INDIAN ROCKS BEACH FL, 33785

Interior Features

Bedrooms

7


Total Bathrooms

5


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


Appliances

Range, Refrigerator


Laundry Description

Other


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Electric, Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.15 Acres


Exterior Features

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


Lot Features

Flood Zone, City Limits, Landscaped, Level, Sidewalk, Private


Roof

Membrane


Sewer

Public Sewer

Other Property Details

Area Name

33785 - Indian Rocks Bch/Belleair Bch/Indian Shores


Taxes

$27,556


Tax Frequency

Annually


Days on Market

4


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

2


Parking

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


View

No


County

Pinellas


Municipality

30


Water Source

Public


Pool

No


Waterfront

Yes

Listed by CENTURY 21 BEGGINS
Listing Contact: 800-541-9923 

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Data last updated 11/26/2024, 6:57 PM UTC

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