$2,495,000 for Sale
2311 bay boulevard , indian rocks beach, FL 33785
| Beds 7 | Baths 5 | 3,418 Sqft | 0.15 Acres |
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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, 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.
General Information
Sale Price: $2,495,000
Price/SqFt: $730
Status: Active
MLS#: TB8321635
City: indian rocks beach
Post Office: indian rocks beach
County: Pinellas
Subdivision: indian beach re-revised 16th add
Acres: 0.15
Lot Dimensions: 54 x 120
Bedrooms:7
Bathrooms:5
House Size: 3,418 sq.ft.
Acreage: 0.15 est.
Year Built: 1961
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Stucco
Exterior Misc: Awning(s), Balcony, Fenced, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage
Basement: No
Foundation : Slab
Appliances: Range, Refrigerator
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $27,556
Legal Description: INDIAN BEACH RE-REVISED 16TH ADD LOT 30
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Russell Miller of CENTURY 21 BEGGINS, Phone: 800-541-9923
