Active

$2,495,000

Features:
  • 7 Bedrooms
  • 5 Bathrooms
  • 3418 sq ft
Overview
  • ID: MFRTB8321635
  • Bedrooms: 7
  • Bathrooms: 5
  • Size: 3418 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$2,495,000
HOA Fee:
N/A
Tax Amount:
$27556
Price per SqFt:
$729.96
Tax Legal Description:
INDIAN BEACH RE-REVISED 16TH ADD LOT 30
Exterior Features
Lot Size:
6382
Lot Features:
FloodZone, City Limits, Landscaped, Level, Sidewalk, Private
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned, Driveway, Ground Level, Guest, Off Street, Open
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
7
Bathrooms:
5
Heating:
Central, Electric, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Tile
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1961
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Awning(s), Balcony, Fence, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage
Additional Features 2:
Per the City of Indian Rocks Beach
Map
  • Address
    2311 BAY BLVD
Contact a Professional
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  • Communication and Transparency
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  • After-Sale Support
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