1214 Bay Pine Boulevard, Indian Rocks Beach, FL 33785
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: mike daquino
Office: douglas elliman
MLS#:U8230633
Source:MFRMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$672.3
About this home
6.6% CAP RATE - FULLY PERMITTED RENOVATIONS... STR potential can exceed current income.
Welcome to 1214 Bay Pine Blvd, an exceptional investment opportunity in the scenic coastal town of Indian Rocks Beach, Florida. This fully updated triplex, with no deferred maintenance, offers a unique blend of comfort and profitability.
The property comprises two cozy studio apartments and a spacious 1100 sq ft main unit, each boasting new kitchens, appliances, flooring, and updated AC units. All units enjoy private patios, perfect for soaking up the Florida sunshine and the gentle sea breeze.
Just steps from the beach, this corner property provides easy access to the intercoastal and the sparkling Gulf of Mexico. The location also offers convenient access to a variety of local amenities, ensuring a lifestyle of comfort and convenience.
With its new exterior features including roof, landscaping, driveways, and lighting, and ample parking for 8-10 cars, this property is primed for generating rental income or serving as your dream beach getaway. With an oversized corner lot there is ample room to install a private pool.
The property also features zoning flexibility and no short-term rental minimum, making it a versatile investment. Don't miss out on this rare opportunity to capitalize on all that Indian Rocks Beach has to offer.
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Home facts
- Year built:1947
- Listing ID #:U8230633
- Added:653 day(s) ago
- Updated:November 27, 2025 at 12:38 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Living area:1,480 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:1,480 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$672.3
- Tax amount:$7,030 (2022)
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