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