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Active · Multi-Family

2311 BAY BOULEVARD

INDIAN ROCKS BEACH, FL 33785

Beds
7 beds
Baths
5 baths
Area
3,418 sqft
Multi-FamilyBuilt 19616,382 sqft lot2-car garageCentral, Electric, DuctlessCentral Air, Wall/Window Unit(s)$549/sqft97 days on market

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
Estimated monthly payment$11,355/mo
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.

DateEventPriceChange
Jul 22, 2026Price reduced$1,875,000−$74,000
May 14, 2026Listed$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.

Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

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