$2,195,000

$560/sq ft

$300,000
Price Decreased

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Overview

Bedroom

8

Year Built

1970

Sqft

3918

Property Type

Quadruplex

Property Description

This turnkey, fully furnished waterfront fourplex in Indian Rocks Beach offers an exceptional investment opportunity with four bright and spacious 2-bedroom, 2-bathroom units, all approved for short-term (daily) rentals. Each unit comfortably sleeps up to six guests and features two king beds along with a queen sleeper sofa or murphy bed, creating a combined capacity of 24 across the property. Inside, guests will appreciate the coastal-inspired décor, open layouts, and fully equipped kitchens that make extended stays easy and enjoyable. Outdoors, guests can take advantage of a deep-water dock that accommodates boats up to 40 feet and enjoy paddle boarding, kayaking, or fishing right from the property. The beach is just a short stroll away for waves, sunbathing and shelling. Popular restaurants highlighting the local seafood are close by as are attractions like mini golf and a water park. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks. The two ground-floor units have been thoughtfully renovated with flood-resilient construction in mind. In the event of future flooding, the wall panels are easily removable and all electrical wiring is UF-B waterproof-rated. Premium solid wood was used throughout—including cabinets, doors, and trim—ensuring long-term durability. This level of construction not only adds a layer of hurricane resilience but also reduces future maintenance and tenant-related wear and tear. The bottom two units also feature brand-new A/C systems and the building offers impact windows throughout and a newly refreshed seawall, offering peace of mind and energy efficiency. Ample on-site parking and shared access to a convenient laundry room adds to the convenience for both owners and guests. This fourplex is truly a rare blend of income potential, prime location, thoughtful design, and resiliency—perfect for investors looking to capitalize on one of Florida’s most sought-after beach destinations.

Property Details

MLS#

TB8415696

Address

2211 BAY

City

INDIAN ROCKS BEACH

State/county

FL

Zip/Postal Code

33785

Area

Indian Beach Re-revised 13th Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$22,859

Maint Fee

$--

Tax Year

2024

Dishwasher

Dryer

Microwave

Range

Refrigerator

Washer

Water

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Boris Gelfand