2311 BAY BOULEVARD
INDIAN ROCKS BEACH, FL 33785
About this home
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.
Facts & features
Interior
- Bedrooms
- 7
- Bathrooms
- 5
- Living area
- 3,418 sqft
- Heating
- Central, Electric, Ductless
- Cooling
- Central Air, Wall/Window Unit(s)
- Flooring
- Tile
- Features
- Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan…
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave…
Exterior & lot
- Lot size
- 6,382 sqft (0.15 ac)
- Waterfront
- Yes
- Roof
- Membrane
- Construction
- Block, Stucco
- Exterior
- Awning(s), Balcony, Fence, Lighting, Rain Gutters, Sidewalk…
Parking
- Garage
- 2 spaces
Financial
- Annual tax
- $20,084 (2025)
- Price / sqft
- $549/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Public, Water Connected
Property
- Property type
- Multi-Family
- Year built
- 1961
- Subdivision
- INDIAN BEACH RE-REVISED 16TH ADD
- County
- Pinellas
Listing
- Status
- Active
- Days on market
- 69 days
- MLS #
- MFR790633251
- Source
- Stellar MLS
Listed by Russell Miller · CENTURY 21 BEGGINS
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $9,481/mo
- Property tax
- $1,674/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 22, 2026 | Price reduced | $1,875,000 | −$74,000 |
| May 14, 2026 | Listed | $1,949,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for INDIAN ROCKS BEACH, FL are not connected yet, so this page does not show them.
Location
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