Ad #7603966
MLS #TB8499970
Exceptional opportunity to own an expansive waterfront lot in
2307 BAY BLVD, Indian Rocks Beach, FL 33785
$4,199,000
--Beds
--Baths
--Sqft
--Acres
About this property
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.
Property Features
0 Beds
0 Baths
0 Sqft
0.000 Acres
Beachview
Has Dock
Pinellas County
INDIAN BEACH RE-REVISED 16TH ADD Community
Additional Photos
Contact Information
Evan Pedone
Engel & Völkers Madeira Beach
727-459-5543
Location
Listing Agent: Evan Pedone 727-459-5543
Broker: Engel & Völkers Madeira Beach 727-394-7365 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers Madeira Beach 727-394-7365 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$4,199,000
--
Beds
--
Baths
--
Sqft
2307 BAY BLVD, Indian Rocks Beach, FL 33785
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8499970
Exceptional opportunity to own an expansive waterfront lot in
$4,199,000
2307 BAY BLVD, Indian Rocks Beach, FL 33785
--
Beds
--
Baths
--
Sqft
--
Acres
$4,199,000
2307 BAY BLVD, Indian Rocks Beach, FL 33785
-- Beds
-- Baths
-- Sqft
-- Acres
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.000 Acres
BEACH & VIEW
Beachview
EXTERIOR
Has Dock
FINANCIAL & COMMUNITY
Pinellas County
INDIAN BEACH RE-REVISED 16TH ADD Community
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Location
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Ad Statistics
Ad Number
7603966
Viewed
108 times
Listing Status
Active
Added
Apr 21, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Engel & Völkers
Source Property ID
TB8499970
Listing Agent: Evan Pedone 727-459-5543
Broker: Engel & Völkers Madeira Beach 727-394-7365 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers Madeira Beach 727-394-7365 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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