$2,495,000

Estimated payment $15,565/month

Total Views 197
8 Beds
8 Baths
3,918 Sq Ft
$637 Price per Sq Ft

Highlights

  • 58 Feet of Intracoastal Waterfront
  • Dock has access to electricity
  • Boat Lift
  • Anona Elementary School Rated A-
  • Access To Intracoastal Waterway
  • Intracoastal View

About This Home

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 decor, 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.

Listing Agent

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3370730 Listed on: 08/08/2025

ENGEL & VOLKERS MADEIRA BEACH

Co-Listing Agent

Ashley Pedone

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3462455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,859

Year Built

  • Built in 1970

Lot Details

  • 6,852 Sq Ft Lot
  • Lot Dimensions are 58x120
  • 58 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,918 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Carport Spaces
  • Off-Street Parking
  • 4 Assigned Parking Spaces

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Seawall
  • Boat Lift
  • Dock has access to electricity
  • Open Dock
  • Balcony
  • Rear Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 5,306 Sq Ft Building
  • Indian Beach Re Revised 13Th Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,859

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3918
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 5306
  • Lot Size Sq Ft: 6852
  • Directions to Property: From W Bay Dr travel west over the Belleair Bridge. Turn left onto Gulf Blvd. Turn left onto 23rd Ave N. Follow down to Bay Blvd. Quadplex ahead on Bay Blvd.
  • Status: Active
  • Co List Office Mls Id: MFR283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048177
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 636.80
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 4
  • MFR_DockDescription: Dock - Open,Dock w/Electric,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 727-394-7365
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: Two
  • Street Number Modifier: 2211
  • Living Area Meters: 363.99

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Water Access: Intracoastal Waterway
  • Water Extras: Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 58
  • Water Frontage Feet ICW: 58

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Off Street

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM-2
  • Parcel Number: 06-30-15-42264-000-0150
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Public Transit, Paved
  • Lot Dimensions: 58x120
  • Flood Zone Code: AE
  • Lot Size Square Meters: 637

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer/Buyer Agen to verify short term rental rules with the city.

Multi Family

  • Number Of Units Total: 4
  • Waterfront Features: Intracoastal Waterway
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 22859.21
  • Tax Block: 000
  • Tax Book Number: 31-38
  • Tax Lot: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,909 $1,525,000 $1,093,749 $431,251
2023 $21,909 $1,485,000 $1,131,580 $353,420
2022 $17,930 $1,075,000 $787,244 $287,756
2021 $10,536 $622,074 $0 $0
2020 $10,000 $573,706 $0 $0
2019 $9,405 $524,426 $0 $0
2018 $10,636 $571,413 $0 $0
2017 $10,858 $606,445 $0 $0
2016 $10,100 $546,649 $0 $0
2015 $9,455 $487,087 $0 $0
2014 $9,273 $512,256 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $2,495,000 +58.6% $637 / Sq Ft
03/31/2025 03/31/25 Sold $1,573,000 +4.9% $401 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $1,500,000 -3.2% $383 / Sq Ft
01/27/2025 01/27/25 Price Changed $1,550,000 -6.1% $396 / Sq Ft
01/20/2025 01/20/25 Price Changed $1,650,000 -2.9% $421 / Sq Ft
01/19/2025 01/19/25 Price Changed $1,700,000 -2.9% $434 / Sq Ft
01/16/2025 01/16/25 Price Changed $1,750,000 -12.5% $447 / Sq Ft
01/14/2025 01/14/25 For Sale $2,000,000 +122.2% $510 / Sq Ft
04/04/2018 04/04/18 Sold $900,000 -5.3% $230 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $950,000 0.0% $242 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $950,000 -- $242 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,573,000 Legal Title Exchange
Warranty Deed $1,573,000 Legal Title Exchange
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $900,000 Tampa Title Co
Warranty Deed $630,000 American Natl Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $472,500 Commercial
Source: Public Records

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Stellar MLS

APN: 06-30-15-42264-000-0150