2311 Bay Boulevard, Belleair Beach, FL 33785

$1,875,000
7
BD
5
BA
3,418
SqFt

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List Price
$1,875,000
Price Change
▼ $74,000 1784769245
MLS#
TB8508876
Type
Multifamily
Bedrooms
7
Bathrooms
5
Living Area
3,418
Lot Size
6,382
Subdivision
Indian Beach Re-Revised 16th Add
Year Built
1961

Property Description

This listing offers a one-point lender-paid rate buy down for qualifying buyers. 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.

Additional Information

Community Features
No Deed Restriction
Annual Gross
230500
Style
Quadruplex
Interior
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
Interior Features
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
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
Exterior Construction
Block, Stucco
Exterior
Awning(s), Balcony, Fence, Lighting, Rain Gutters, Sidewalk, Storage
Roof
Membrane
Extra Rooms
Bonus Room, Breakfast Room Separate, Florida Room, Inside Utility
Located Near
FloodZone, City Limits, Landscaped, Level, Sidewalk, Paved
Utilities
Cable Connected, Electricity Connected, Public, Water Connected
Garage
Assigned, Driveway, Ground Level, Guest, Off Street, Open
Floor
Tile
Heating
Central, Electric, Ductless
Cooling
Central Air, Wall/Window Unit(s)
Pool Type
No Pool
Water
Sailboat Water, Boatable Water, Bay View, Bay Front, Beach View, Beach Access
Frontage
Canal - Saltwater, Canal Front, Intracoastal Waterway
Water View
Yes

Listing courtesy of CENTURY 21 BEGGINS.

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