2307 BAY BLVD Indian Rocks Beach, FL 33785
5,932 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,932 sqft
Price per Sqft $707
Subdivision Indian Beach Re-Revised 16Th Add
MLS Listing ID TB8493725
HOA Y/N No
Year Built 1969
Annual Tax Amount $37,078
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 160x120
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
The property is comprised of three separate buildings arranged around a charming palm-lined courtyard. The waterfront building includes the majority of the units with direct water views and access, while a third structure provides six covered carports, eight private storage rooms, a common laundry facility, and an EV charging station. Boating enthusiasts will appreciate the on-site marina with six deepwater slips accommodating vessels up to 50 feet, complete with electric (110V/220V), water hookups, and individual dock boxes, with projected boat slip income of approximately $45,000 annually. With approximately 160 feet of water frontage, this property delivers true coastal living.
Previously operated as an annual rental, the property presents significant upside through conversion to short-term rentals, as Indian Rocks Beach allows for short-term leasing—making it an ideal opportunity for investors looking to maximize returns or reposition as a boutique hotel or motel concept. Additional highlights include ample guest parking and walkability to the beach, enhancing both tenant and guest appeal. STR AirDNA reports available upon request.
With recent renovations complete, multiple revenue streams, and a prime waterfront location, this is a rare chance to acquire a high-performing, high-upside asset in one of Florida's most desirable coastal markets. Seller financing available—contact for details.
Location
State FL
County Pinellas
Community Indian Beach Re-Revised 16Th Add
Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Utilities Available Electricity Available, Phone Available, Public, Water Connected
Waterfront Description Intracoastal Waterway
View Y/N Yes
Water Access Yes
Water Access Desc Intracoastal Waterway,Marina
Roof Type Shingle
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
Special Listing Condition None
Virtual Tour https://realestate.febreframeworks.com/videos/019d4eae-06f7-728c-9069-c7bcebe3207b
