2307 BAY BOULEVARD, INDIAN ROCKS BEACH, FL 33785

Description of 2307 BAY BOULEVARD, INDIAN ROCKS BEACH, FL 33785

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.

Property Details for 2307 BAY BOULEVARD, INDIAN ROCKS BEACH, FL 33785

Interior Features

Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters

Heating

Central, Electric

Cooling

Central Air

Pool Private

No

Building Information for 2307 BAY BOULEVARD, INDIAN ROCKS BEACH, FL 33785

Building Area Total

6872

Building Area Units

Square Feet

Association

No

Pets Allowed

Yes

Property Information for 2307 BAY BOULEVARD, INDIAN ROCKS BEACH, FL 33785

Lot Features

Flood Insurance Required, FloodZone, Near Marina, Near Public Transit

Lot Size Square Feet

18,997

Waterfront

Yes

Waterfront Features

Intracoastal Waterway

View

Water

Construction Materials

Block, Concrete, Stucco

Roof

Shingle

Exterior Features

Sliding Doors

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 2307 BAY BOULEVARD, INDIAN ROCKS BEACH, FL 33785

Parcel Number

063015423180000310

Tax Annual Amount

$37,078

Tax Year

2025

Tax Legal Description

INDIAN BEACH RE-REVISED 16TH ADD LOTS 31, 32 & 33 TOGETHER WITH TIIF SLL #520339383 O.R. 17473/1273 EXP 2/20/2017

County Or Parish

Pinellas

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Location