2311 BAY BOULEVARD, Indian Rocks Beach, FL 33785

• 7 beds |
• 5 baths |
• 3,418 sqft

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, this income property features two boat slips, a 12,000LB 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 $1,600/month. Recent upgrades POST - HURRICANNE include a new roof, roof deck; interior improvements, such as new electric wiring, new cabinetry and fixtures, new flooring where needed. PERMITTING COMPLETE. This turnkey property comes fully furnished, and the first quarter of '26 a gross income of over $75k just in the first few months of this year. MULTI-FAMILY ZONED WATERFRONT PROPERTY with a good 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 Innsbruck 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.

Listing Status:

Active

Date Added:

May 14, 2026

Data Last Updated:

May 17, 2026 at 7:22AM

Listing Office:

CENTURY 21 BEGGINS : 800-541-9923

Listing Agent:

Russell Miller : 727-739-4116

MLS ID:

TB8508876

Interior

• General: Built-in FeaturesCeiling Fans(s)Crown MoldingKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorPrimaryBedroom UpstairsSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersWalk-In Closet(s)Window Treatments
• Rooms: Bonus RoomBreakfast Room SeparateFlorida RoomInside Utility
• Appliances: DishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRange HoodRefrigerator
• Laundry: Inside
• Flooring: Tile
• A/C: Central AirWall/Window Unit(s)
• Heating: CentralElectricDuctless

Exterior

• General: Awning(s)BalconyFenceLightingRain GuttersSidewalkStorage
• Other Structures: Front PorchDeckRear PorchCovered
• Parking: AssignedDrivewayGround LevelGuestOff StreetOpen

Construction

• Roofing: Membrane
• Windows: Blinds
• General: BlockStuccoTwoSlab

Location

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

Lot

• Zoning: INDIAN BEACH RE-REVISED 16TH ADD LOT 3006-30-15-42318-000-0300
• View: Water

Utilities

• Utilities: Cable ConnectedElectricity ConnectedPublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple