$4,199,000
2307 Bay Boulevard Indian Rocks Beach, FL 33785
For Sale MLS# TB8499970
Other
Details for 2307 Bay Boulevard
MLS# TB8499970
Description for 2307 Bay Boulevard, Indian Rocks Beach, FL, 33785
Exceptional opportunity to own an expansive waterfront lot in highly sought-after Indian Rocks Beach. Situated on three contiguous lots, this unique property allows for multifamily with short term rental zoning. Currently it 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 in one of Florida’s most desirable coastal markets. Seller financing available—contact for details.
Listing Information
Property Type: Land
Status: Active
Lot Size: 0.44 Acres
Subdivision: Indian Beach Re-Revised 16th Add
Current Use: Multi-Family
County: Pinellas
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,High Speed Internet Available,Municipal Utilities,Sewer Connected,Water Connected
Exterior / Lot Features
Lot View: Intercoastal,Water
Lot Dimensions: 160x120
Additional Exterior/Lot Features: City Lot, Oversized Lot, Near Public Transit
Waterfront Details
Water Front Features: Intracoastal Access
Driving Directions
Take Belleair Bridge across. Turn left onto Gulf Blvd. Left onto 24th Ave N. Right onto Bay Blvd. Property on left.
Financial Considerations
Terms: Cash,Conventional,Owner May Carry
Tax/Property ID: 06-30-15-42318-000-0310
Tax Amount: 37078.13
Tax Year: 2025
A broker reciprocity listing courtesy: ENGEL & VOLKERS MADEIRA BEACH
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2307 Bay Boulevard
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2307 Bay Boulevard
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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