2311 Bay Boulevard , Indian Rocks Beach, FL 33785

$1,949,000

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.

2311 Bay Boulevard | MLS# TB8508876

This multi-family property located at 2311 Bay Boulevard , Indian Rocks Beach, FL 33785 is currently listed for sale with an asking price of $1,949,000. Search Indian Rocks Beach real estate on beth.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Garage: 2 car attached
Heating: Central, Electric, Ductless
Lot Size: 0.15 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $20,084
Year Built: 1961
Square Feet: 3,418

Amenities

Built-in Features
Ceiling Fans(s)
Crown Molding
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Walk-In Closet(s)
Window Treatments
Awning(s)
Balcony
Fence
Lighting
Rain Gutters
Sidewalk
Storage

Feature Descriptions

Additional Rooms: Bonus Room, Breakfast Room Separate, Florida Room, Inside Utility
Annual Net Income: 195000.00
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
Directions: From the intersection of US 41 and Bay Dr (69th Ave W), go west on Bay Dr .6 mi. 2311 Bay Dr is on the right.
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Tile
Foundation: Slab
Frontage Canal Salt: 56
Frontage ICW: 56
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: FloodZone, City Limits, Landscaped, Level, Sidewalk, Paved
Lot Dimensions: 0.15
Ownership: Fee Simple
Parking: Assigned, Driveway, Ground Level, Guest, Off Street, Open
Parking Notes: Assigned, Driveway, Ground Level, Guest, Off Street, Op
Patio/Porch: Covered, Deck, Front Porch, Rear Porch
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Security: Security Lights, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, No Lockbox
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Connected, Electricity Connected, Public, Water Connected
Water: Public
Water Access: Gulf/Ocean, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Canal Front, Intracoastal Waterway, Davits, Lift, Sailboat Water, Seawall - Concrete
Water View: Bay/Harbor - Partial, Canal, Intracoastal Waterway
Windows: Blinds

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 BEGGINS
Agency Contact: 813-658-2121

Shown By

Agent Name: Beth Stoothoff
Agent Phone: (352) 455-2778
Agency Title: Watson Realty Corp., REALTORS ®

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Estimate Your Payment

Estimated Payment

$ 11,913.49 per month $9,671.36 Principal & Interest $1,673.67 Property Tax $568.46 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/14/2026. The listing information on this page last changed on 05/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/14/2026 12:02:45 AM EST) or GAMLS (last updated Wed 05/13/2026 11:15:20 PM EST) or Stellar MLS (last updated Wed 05/13/2026 11:44:46 PM EST) or SPC MLS (last updated Wed 05/13/2026 11:21:15 PM EST) or Martin MLS (last updated Wed 05/13/2026 11:38:16 PM EST) or Indian River MLS (last updated Wed 05/13/2026 11:30:21 PM EST) or Daytona MLS (last updated Wed 05/13/2026 11:36:49 PM EST) or Northeast Florida MLS (last updated Wed 05/13/2026 11:59:07 PM EST) or Beaches MLS (last updated Wed 05/13/2026 11:59:10 PM EST) or BORMLS (last updated Wed 05/13/2026 11:15:35 PM EST) or Golden Isles MLS (last updated Wed 05/13/2026 11:26:35 PM EST) or Amelia/Nassau MLS (last updated Wed 05/13/2026 11:25:16 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 05/13/2026 11:42:18 PM EST) or NFLMLS (last updated Wed 05/13/2026 9:05:48 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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