2307 Bay Boulevard, Indian Rocks Beach, FL 33785
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
2307 Bay Boulevard,Indian Rocks Beach, FL 33785
$4,199,000
- 13 Beds
- 16 Baths
- 5,932 sq. ft.
- Multi-family
- Active
Listed by: evan pedone, ashley pedone
Office: engel & volkers madeira beach
MLS#:TB8499567
Source:MFRMLS
Price summary
- Price:$4,199,000
- Price per sq. ft.:$611.03
About this home
Exceptional opportunity to own an 8-unit fully renovated waterfront apartment complex in highly sought-after Indian Rocks Beach. Situated on three contiguous lots, this unique property features eight well-appointed units and six deepwater boat slips, creating multiple income streams and offering both immediate revenue potential and long-term upside. Recently renovated in 2026, the property offers a well-balanced unit mix with five 2-bedroom, 1.5-bath units and three 1-bedroom, 1-bath units, appealing to a wide range of renters. Six units—including four 2-bedroom and one 1-bedroom—enjoy beautiful water views with sliding glass doors opening to covered porches and shared outdoor spaces overlooking the bay, while two additional 1-bedroom units are located in a detached front duplex. 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 inone of Florida’s most desirable coastal markets. Seller financing available—contact for details....
Contact an agent
Home facts
- Year built:1969
- Subdivision & Development:INDIAN BEACH RE-REVISED 16TH ADD
- Listing ID #:TB8499567
- Added:109 day(s) ago
- Updated:August 07, 2026 at 12:14 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:16
- Kitchen Description:Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters
- Living area:5,932 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1969
- Building area:5,932 sq. ft.
- Lot area:0.44 Acres
- Lot Features:Flood Zone, Near Marina, Near Public Transit, Paved
- Construction Materials:Block, Concrete, Stucco
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$4,199,000
- Price per sq. ft.:$611.03
- Tax amount:$37,078 (2025)
Features and amenities
- Laundry features:In Common Area, Inside, Laundry Room
- Amenities:Cable Available, Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters
- Pool features:Public Pool
Parking
- Carport spaces:6
New listings near 2307 Bay Boulevard
- New
$3,300,000Active4 beds 4 baths2,964 sq. ft.2718 Gulf Boulevard #2, INDIAN ROCKS BEACH, FL 33785
MLS# TB8536678Listed by: CENTURY 21 BEGGINS - New
$375,000Active1 beds 1 baths535 sq. ft.2110 Gulf Boulevard #9, INDIAN ROCKS BEACH, FL 33785
MLS# TB8534609Listed by: BILTMORE GROUP INC - New
$1,675,000Active2 beds 2 baths1,660 sq. ft.466 20th Avenue, INDIAN ROCKS BEACH, FL 33785
MLS# TB8534296Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL
$332,000Active2 beds 1 baths1,080 sq. ft.1 Windrush Boulevard #63, INDIAN ROCKS BEACH, FL 33785
MLS# TB8530096Listed by: COLDWELL BANKER REALTY- New
$899,000Active2 beds 2 baths1,130 sq. ft.300 Beach Trail #201, INDIAN ROCKS BEACH, FL 33785
MLS# TB8531529Listed by: IVY LEAGUE REALTY
$4,350,000Active4 beds 3 baths2,806 sq. ft.2308 Beach Trail, INDIAN ROCKS BEACH, FL 33785
MLS# TB8532303Listed by: COLDWELL BANKER REALTY
$1,525,000Pending6 beds 4 baths3,060 sq. ft.106 20th Avenue, INDIAN ROCKS BEACH, FL 33785
MLS# TB8530846Listed by: RE/MAX ACTION FIRST OF FLORIDA
$559,500Pending2 beds 2 baths1,390 sq. ft.19829 Gulf Boulevard #103, INDIAN ROCKS BEACH, FL 33785
MLS# O6426002Listed by: BEYCOME OF FLORIDA LLC
$949,000Active3 beds 2 baths975 sq. ft.812 Gulf Blvd #3, INDIAN ROCKS BEACH, FL 33785
MLS# TB8524687Listed by: EXP REALTY LLC
$515,000Active2 beds 2 baths1,100 sq. ft.19610 Gulf Boulevard #206, INDIAN ROCKS BEACH, FL 33785
MLS# GC541540Listed by: FLORIDA HOMES REALTY & MORTGAGE GVILLE