1214 BAY PINE BOULEVARD, Indian Rocks Beach, FL 33785

• 5 beds |
• 3 baths |
• 1,480 sqft

Property Description

7.4% CAP RATE - FULLY PERMITTED RENOVATIONS... Unit #2 is fully licensed and operating as a vacation rental, property mangament is in place. Unit 1 & 3 can also be set up at STR for increased income potential. Welcome to 1214 Bay Pine Blvd, an exceptional investment opportunity in the scenic coastal town of Indian Rocks Beach, Florida. This fully updated triplex, with no deferred maintenance, offers a unique blend of comfort and profitability. The property comprises two cozy studio apartments and a spacious 1100 sq ft main unit, each boasting new kitchens, appliances, flooring, and updated AC units. All units enjoy private patios, perfect for soaking up the Florida sunshine and the gentle sea breeze. Just steps from the beach, this corner property provides easy access to the intercoastal and the sparkling Gulf of Mexico. The location also offers convenient access to a variety of local amenities, ensuring a lifestyle of comfort and convenience. With its new exterior features including roof, landscaping, driveways, and lighting, and ample parking for 8-10 cars, this property is primed for generating rental income or serving as your dream beach getaway. With an oversized corner lot there is ample room to install a private pool. The property also features zoning flexibility and no short-term rental minimum, making it a versatile investment. Don't miss out on this rare opportunity to capitalize on all that Indian Rocks Beach has to offer.

Listing Status:

Pending

Date Added:

February 12, 2024

Data Last Updated:

February 9, 2026 at 6:22PM

Listing Office:

DOUGLAS ELLIMAN : 727-698-5708

Listing Agent:

Mike Daquino : 631-872-3855

MLS ID:

U8230633

Interior

• General: Built-in FeaturesCeiling Fans(s)Kitchen/Family Room ComboPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsThermostatWindow Treatments
• Rooms: Breakfast Room SeparateDen/Library/OfficeStorage Rooms
• Appliances: DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: Laundry Room
• Flooring: Vinyl
• A/C: Central AirMini-Split Unit(s)
• Heating: CentralElectric

Exterior

• General: Awning(s)CourtyardDog RunFenceGardenLightingPrivate MailboxRain GuttersStorage
• Other Structures: Shed(s)Front PorchRear PorchPatioCovered
• Parking: BoatGuestOff StreetOn StreetRV Access/Parking

Construction

• Roofing: Shingle
• Windows: BlindsWindow Treatments
• General: BlockConcreteStuccoSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: INDIAN BEACH RE-REVISED 1ST ADD BLK 84LOT 1701-30-14-42048-084-0170

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableCable ConnectedFiber Optics
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple