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.

Features

Heating System:: Central, Electric, Ductless
Cooling System:: Central Air, Wall/Window Unit(s)
Patio:: Covered, Rear Porch, Front Porch, Deck
Parking:: Assigned, Driveway, Ground Level, Off Street, Guest, Open
Exterior Features:: Lighting, Balcony, Storage, Rain Gutters, Sidewalk, Fence, Outdoor Shower, Awning(s)
Flooring:: Tile
Interior Features:: Ceiling Fans(s), Crown Molding, Open Floorplan, Walk-In Closet(s), Living Room/Dining Room Combo, Kitchen/Family Room Combo, Split Bedroom, Window Treatments, Solid Wood Cabinets, Solid Surface Counters, Built-in Features
Laundry Features:: Other
Sewer:: Public Sewer
Utilities:: Public, Cable Connected, Electricity Connected, Water Connected
Waterfront Features:: Canal - Saltwater, Intracoastal Waterway, Canal Front
Window Features:: Blinds

Appliances

Appliances:: Range, Refrigerator

Address Map

Country:: US
State:: FL
County:: Pinellas
City:: Indian Rocks Beach
Subdivision:: INDIAN BEACH RE-REVISED 16TH ADD
Zipcode:: 33785
Street:: BAY
Street Number:: 2311
Street Suffix:: BOULEVARD
Longitude:: W83° 9' 20.2''
Latitude:: N27° 54' 19''
Directions:: From Walsingham and Gulf blvd go north to 23rd Ave, turn left to address on rt.
Mls Area Major:: 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores