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.
Multi-familyProperty Type
1970Year Built
6,852 sq ftLot Size
$492Est. Price/Sq.Ft.
4 spacesParking
Listed by Evan Pedone• ENGEL & VOLKERS MADEIRA BEACH
Listed by Ashley Pedone• ENGEL & VOLKERS MADEIRA BEACH
Contact: 727-394-7365
Bought with Evan Pedone• ENGEL & VOLKERS MADEIRA BEACH
Auction Property. SALE HELD AT THE PROPERTY ON SATURDAY FEBRUARY 8th AT 11:00 am. Preview from 10:00 am on sale day. Because this is an auction sale, the home may sell for less or more than the list price. Waterfront Multifamily 4-plex has Deep water with direct access to the Gulf of Mexico is a income-generating property that offers flexible rental opportunities, including SHORT-TERM rentals. The previous owner used the property as an Air B & B. Located on picturesque Deep-Water Cove leading to the Intracoastal Waterway, it is a dream come true for investors or those seeking the ultimate Florida lifestyle. Ideally located just blocks from the sugar-white sands of Indian Rocks Beach. Each of the four identical units boasts a spacious 2-bedroom, 2-bathroom layout. Two units feature serene open-water views, while the other two enjoy charming street views. Inside, discover modern updates with new or brand-new appliances and fixtures, perfect for long-term, seasonal, or vacation rentals. Premier waterfront amenities set this property apart. A private dock includes one 13,000-lb boat lift and two jet ski lifts, with additional space for more watercraft. Boaters will appreciate the easy access to the Gulf of Mexico, while fishing enthusiasts can cast their lines right from the dock. The fully brick-paved patio provides an ideal outdoor dining and relaxation setting, and endless dolphin sightings add to the charm. Other highlights include a shared laundry room for tenant convenience, ample parking, a dedicated carport space for each unit, and extra guest parking. This property is close to city parks featuring tennis and basketball courts, playgrounds, and recreational amenities. With no rental minimums and Close access to local dining, entertainment, a trolley, and the Beach, the property offers endless potential as a turnkey investment. The bottom two units were damaged during the last storm. Electrical, Plumbing, Bathrooms, and More are complete. However, drywall, lower cabinets, etc. , are needed. This is a Great Opportunity for a High-Income Property. .. .. .. .. BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing. .. 4-Pont Inspection uploaded Shortly and will be available at the Sale. Prospectus attached. WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE.
Stellar MLS as Distributed by MLS Grid #A4605948
Jan 13, 2025
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #U7844069
Apr 4, 2018
Sold
$900,000
$230/sq ft
Mar 24, 2018
Pending
—
Mar 22, 2018
Pending
—
Feb 12, 2018
Pending
—
Feb 6, 2018
Relisted
—
Feb 1, 2018
Pending
—
Jan 12, 2018
Listed
$950,000
$242/sq ft
Stellar MLS as Distributed by MLS Grid #U7844077
Jan 12, 2018
Listing Removed
—
Public Records
May 10, 2000
Sold
$355,000
$91/sq ft
Public Records
Oct 24, 1989
Sold
$230,000
$59/sq ft
Public Records
Oct 11, 1988
Sold
$200,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,481 (−10.4%)
$898,720 + $301,280
$1,200,000
2024
$22,859 (+4.3%)
2023
$21,909 (+22.2%)
2022
$17,930 (+70.2%)
$787,244 + $287,756
$1,075,000
2021
$10,536 (+5.4%)
2020
$10,000 (+6.3%)
2019
$9,405 (−11.6%)
2018
$10,636 (−2.0%)
$349,162 + $222,251
$571,413
2017
$10,858 (+7.5%)
$378,200 + $228,245
$606,445
2016
$10,100 (+6.8%)
2015
$9,455 (+2.0%)
2014
$9,273 (+17.5%)
2013
$7,890 (+11.1%)
2012
$7,102
Tax history for 2211 Bay Blvd
Year
Property tax
Land + Additions
Assessment*
2025
$20,481 (−10.4%)
$898,720 + $301,280
$1,200,000
2024
$22,859 (+4.3%)
2023
$21,909 (+22.2%)
2022
$17,930 (+70.2%)
$787,244 + $287,756
$1,075,000
2021
$10,536 (+5.4%)
2020
$10,000 (+6.3%)
2019
$9,405 (−11.6%)
2018
$10,636 (−2.0%)
$349,162 + $222,251
$571,413
2017
$10,858 (+7.5%)
$378,200 + $228,245
$606,445
2016
$10,100 (+6.8%)
2015
$9,455 (+2.0%)
2014
$9,273 (+17.5%)
2013
$7,890 (+11.1%)
2012
$7,102
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
8
Stories
2
Lot width
58 ft.
Lot depth
120 ft.
Lot size
—
Year renovated
2001
Sq. Ft.
3,918
Year built
1970
Style
Condo/Co-op
County
Pinellas County
APN
153006422640000150
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
RM-2
Medium Density Multifamily Residential District
The RM-2, medium density three or more units, multifamily residential dwelling district provides for medium density development. The RM-2, medium density multifamily residential district correlates with the residential medium RM category of the countywide plan. Any use which is not specifically identified as a permitted use, accessory use or special exception use is a prohibited use. Prohibited uses shall include, but are not limited to, temporary lodging use of a dwelling.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Planned unit development (pud)
May 6, 2026 • Final
Residential remodel/repair/renovation
Remodel
Jan 26, 2026 • Final
Express building
Replace the roof with a single-ply membrane. Private provider inspections only.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Assigned, Covered, Off Street
Has Carport
Carport Spaces: 4
Interior
Bedroom Information
# of Bedrooms: 8
Laundry Room Information
Laundry Features: Common Area, Laundry Room
Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters
Water Extras Description: Lift,Sailboat Water,Seawall - Concrete
Property Information
Total Num Buildings: 1
CDD Y/N: 0
Property Type: Residential Income
Property Sub Type: Quadruplex
Zoning: RM-2
Land Information
Total Acreage: 0 to less than 1/4
Lot Information
Lot Features: Flood Insurance Required, FloodZone, Near Public Transit, Paved
Lot Size Acres: 0.15
Lot Size Dimensions: 58x120
Road Surface Type: Asphalt, Paved
Lot Size Square Meters: 637
Building Information
MFR_BuildingAreaTotalSrchSqM: 492.94
Financial
Tax Information
Tax Annual Amount: $22,859.21
Tax Year: 2024
Lease / Rent Details
Lease Restrictions YN: 0
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Location
Multi-Family Financial Information
Annual Net Income: 0.00
Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 4
# of Units: 4
Furnished: Yes
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 2
Pro Forma: 0
Unit Type 2 Information
Unit Type: 2 Bedroom
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 2
Pro Forma: 0
Unit Type 3 Information
Unit Type: 2 Bedroom
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 2
Pro Forma: 0
Unit Type 4 Information
Unit Type: 2 Bedroom
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 2
Heated Sq. Ft.: 0
Pro Forma: 0
HOA Information
MFR_Association2YN: 0
Association Approval Required Y/N: 0
Location Information
Directions: 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.
Community Information
Pets Allowed: Yes
Public facts
Beds: —
Baths: 8.0
Sq. Ft.: 3,918
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1970
Year Renovated: 2001
County: Pinellas County
APN: 153006422640000150
Home facts updated by county records on Aug 13, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 727-394-7365
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 85
Status Contractual Search Date: 2025-12-10
Listing Price Information
Calculated List Price By Calculated Sq Ft: 560.23
Green Information
Green Verification Count: 0
Home Information
Living Area: 3918
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 363.99
Building Area Total: 5306
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Levels: Two
Around this home
Schools
Anona Elementary School
Public PreK-5 • Assigned • 1.6mi
9/10
Seminole Middle School
Public 6-8 • Assigned • 4.0mi
7/10
Largo High School
Public PreK-12 • Assigned • 3.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indian Rocks Beach, FL • 33785
Average low and high temperatures (°F)
67
50
71
56
78
61
84
67
88
73
90
77
91
78
91
78
88
75
84
69
79
62
73
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 6.2 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.83M – $2.22M
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