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2311 Bay Blvd
Indian Rocks Beach, FL 33785
Multifamily Property For Sale
·
4 Units
Investment Highlights
- High Demand Tourism
- Quadplex
- Waterfront with Dock & Boat Lift - Access to the Gulf
Executive Summary
Waterfront Quadplex in vibrant Indian Rocks Beach! This rare income property offers a truly special blend of relaxed beachside living and direct Intracoastal Waterway access. With a dock, 12,000 lb boat lift, and davits, this property is a boater’s dream while the pristine Gulf beaches are just a short stroll away.
The spacious top floor 3 bedroom, 2 bath unit is complete with inside laundry, private balcony, and panoramic open-water views. Whether you envision this as your personal waterfront retreat or an income producing rental, it offers exceptional comfort and versatility. Garaged parking adds to the convenience and appeal.
On the ground level, you’ll find two thoughtfully designed 2 bedroom, 1 bath units that can be seamlessly combined to create a generous 4 bedroom, 2 bath unit ideal for extended families, guests, or larger groups.
Completing the property is a fully renovated efficiency unit, currently generating strong rental income.
Proudly maintained with meaningful recent upgrades, including a new roof (2020) this waterfront gem presents a rare opportunity to own a piece of paradise in Indian Rocks Beach.
The spacious top floor 3 bedroom, 2 bath unit is complete with inside laundry, private balcony, and panoramic open-water views. Whether you envision this as your personal waterfront retreat or an income producing rental, it offers exceptional comfort and versatility. Garaged parking adds to the convenience and appeal.
On the ground level, you’ll find two thoughtfully designed 2 bedroom, 1 bath units that can be seamlessly combined to create a generous 4 bedroom, 2 bath unit ideal for extended families, guests, or larger groups.
Completing the property is a fully renovated efficiency unit, currently generating strong rental income.
Proudly maintained with meaningful recent upgrades, including a new roof (2020) this waterfront gem presents a rare opportunity to own a piece of paradise in Indian Rocks Beach.
Property Facts
| Price Per Unit | $468,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 8.15% | Building Size | 4,136 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1961/1984 |
| Property Subtype | Apartment | ||
| Zoning | RM-2 - Residential Multifamily | ||
| Price Per Unit | $468,750 |
| Sale Type | Investment |
| Cap Rate | 8.15% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,136 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1961/1984 |
| Zoning | RM-2 - Residential Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+5 | 4 | - | - |
Property Taxes
| Parcel Number | 06-30-15-42318-000-0300 | Improvements Assessment | $325,848 |
| Land Assessment | $849,152 | Total Assessment | $1,175,000 |
Property Taxes
Parcel Number
06-30-15-42318-000-0300
Land Assessment
$849,152
Improvements Assessment
$325,848
Total Assessment
$1,175,000
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