Virtually Staged. Experience the best of coastal living and investment potential with this beautifully updated waterfront triplex in the heart of Indian Rocks Beach. Perfectly positioned along the Intracoastal Waterway and just a short stroll to the Gulf, this property offers the rare opportunity to enjoy beachside living while generating income. Each of the three residences features two bedrooms and one bathroom, thoughtfully designed with a bright, coastal aesthetic and modern finishes throughout. Updated kitchens, refreshed baths, and stylish flooring create inviting spaces that feel both comfortable and turnkey for guests or long-term occupants. Start your mornings taking in peaceful water views from the rooftop deck as the sun rises over the Intracoastal, then spend the day at the beach just minutes away. Back at the property, the outdoor spaces are designed for relaxation and entertaining, featuring new pavers, a grilling area, dock access, and plenty of room to gather waterside. An outdoor shower makes rinsing off after sandy beach days effortless. The property features 72 feet of new marine seawall, offering valuable waterfront protection and enhancing the long-term durability of this coastal investment. Significant recent improvements provide peace of mind, including concrete block construction, hurricane impact windows, a newer roof, updated AC systems, new flooring and paint, granite countertops, exterior lighting, awnings, and low-maintenance tropical landscaping with irrigation. The property also includes three separate electric meters, dedicated storage areas with washer and dryer, carport parking, and dock access along the Intracoastal. Offered fully furnished with keyless entry systems already in place, this property is ready to continue operating as a successful vacation rental, seasonal retreat, or multi-generational getaway. Live in one unit while the others generate income, or maximize its full investment potential. Whether you’re searching for a waterfront lifestyle, a smart income property, or both, this Indian Rocks Beach triplex delivers a rare blend of location, updates, and versatility. * Financials will be provided at a later date *
Multi-familyProperty Type
1957Year Built
7,815 sq ftLot Size
$710Price/Sq.Ft.
3 spacesParking
Listed by Charlie Ann Turner• IMPACT REALTY TAMPA BAY
* * Seller Financing Opportunity. .. Seller will hold 500K note at 7% * * Perfect opportunity to purchase a waterfront, 3 unit (6 bedroom) vacation rental building in the highly sought after city of Indian Rocks Beach. CONCRETE BLOCK CONSTRUCTION - ALL NEW HURRICANE - NEW MARINE SEAWALL - ALL NEW ROOF - WATERFRONT VACATION RENTAL PROPERTY. Turn-key and ready for Vacation Rentals. Tenant occupied, annual leases all Month to Month. Indian Rocks Beach has no rental restrictions on AirBnB short terms rentals. Excellent Income property. Entire property has been renovated both interior and exterior. All new hurricane windows, new paint, awnings, pavers (front and back), car port, landscaping, sprinklers and fencing. 72 feet of new seawall and cap. Interiors of all three units (2 Beds 1 Bath) are brand new, kitchens, appliances, bathrooms, flooring, moldings and paint. All new AC units. Roof deck and dock with space for two boats. New outdoor shower, covered parking. Three separate storage units with washer and dryer in each. See attached income statement for income and expenses. All 2 Beds 1 Bath Zero deferend maintenance Fully Renovated New roof 72 Feet of Waterfront along the Intercoastal All New landscaping, sprinklers, pavers, deck, dock New seawall and cap All New hurricane windows, exterior paint, awnings. All New gutters and soffits. All New interiors, paint, flooring, kitchens, baths, molding, doors, appliances. New Hot & Cold Outdoor Shower 3 New AC units 3 Separate electric meters Unit 1 furnished by professional interior designer, ready for Airbnb, all furnishings convey. All new outdoor lighting Keyless entry on all doors. Comparable STR's in Indian Rocks Beach are showing 240K-260K in gross income. Buyer to verify comparable income.
Stellar MLS as Distributed by MLS Grid #U8193475
Mar 27, 2023
Listing Removed
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Stellar MLS as Distributed by MLS Grid #U8158705
Dec 28, 2022
Listing Removed
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Sep 4, 2022
Listing Removed
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Stellar MLS as Distributed by MLS Grid #U8159276
Dec 21, 2022
Listing Removed
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Sep 4, 2022
Listing Removed
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Stellar MLS as Distributed by MLS Grid #U8114671
Apr 29, 2021
Sold
$1,035,000
$420/sq ft
Mar 24, 2021
Pending
—
Mar 14, 2021
Pending
—
Mar 1, 2021
Listed
$1,050,000
$426/sq ft
Public Records
May 16, 1990
Sold
$170,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,327 (−32.4%)
$917,254 + $232,746
$1,150,000
2024
$28,604 (+31.2%)
$1,387,008 + $392,992
$1,780,000
2023
$21,805 (+28.6%)
2022
$16,957 (+41.8%)
$828,256 + $206,744
$1,035,000
2021
$11,955 (+7.1%)
2020
$11,159 (+11.7%)
2019
$9,994 (+13.4%)
2018
$8,814 (+1.6%)
2017
$8,677 (+9.0%)
$415,012 + $89,348
$504,360
2016
$7,964 (+8.2%)
2015
$7,362 (+1.8%)
2014
$7,234 (+17.7%)
2013
$6,147 (+16.1%)
2012
$5,294
Public record
Public record
Zoning
Permits
Beds
—
Baths
3
Stories
2
Lot width
73 ft.
Lot depth
104 ft.
Lot size
7,815 Sq. Ft.
Year renovated
2012
Finished Sq. Ft.
2,464
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,464
Year built
1957
Style
Multi-Family (2-4 Unit)
County
Pinellas County
APN
153006422460000270
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)
Mar 29, 2022 • Final
Building combo
Install a new vinyl seawall within one foot of the existing concrete seawall. This permit is for the building structure only and requires a notice of commencement.
Grading
Aug 17, 2021 • Final
Express building
Remove and replace windows with new impact-resistant windows of the same size.
Remodel
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.
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
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
6.4 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2605 Bay Blvd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $790,000 and $1,525,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $790K to $1.5M.