Incredible opportunity to own 3 short term rental units steps to the beach on Indian Rocks Beach. This triplex offers 3 units in one building: the first floor consists of two 1 bedroom, 1 bath units just 15 steps to the beach and the second floor offers one 2 bedroom, 1 bath unit with beach views. All units are bright and freshly remodeled with a coastal modern design and each offers an outdoor patio. Take advantage of an established rental history with room for rate increases. Renters or owners will love the close proximity to popular dining and entertainment options. Enjoy seafood, pizza, ice cream, fine dining, mini golf and a waterpark within minutes. This beach front community offers a common courtyard, assigned parking with extra guest parking and private dock for fishing on the intracoastal. These units are part of a small condo association with only two other buildings.
Property Description: Corner Unit, End Unit
Multi-familyProperty Type
1970Year Built
0.57 acresLot Size
$833Est. Price/Sq.Ft.
Listed by Evan Pedone• ENGEL & VOLKERS MADEIRA BEACH
Listed by Ashley Pedone• ENGEL & VOLKERS MADEIRA BEACH
Rare Beach Triplex available on Indian Rocks Beach. This Triplex has all 3 units in one building and is part of a small condo association with 2 other buildings located on this Beach front parcel. The Triplex has a large second floor 2 bedroom 1 bathroom unit (950 square foot) with BEACH and BAY VIEWS. The first floor has two 1 bedroom 1 bathroom units (300 square foot each) that are very nicely appointed. Amenities include Solar Panels on the roof that reduce your electric cost by 80%, newer dimensional shingle roof, 2015 central AC unit in the second floor unit, Beach Front Community, Private parking space for each unit, plenty of guest parking, Newer appliances in all units, Private Fishing Pier on the bay and the triplex is in very good condition. Very low condo fees total $375 per month that covers the entire triplex. Great rental history. Very flexible rental options: rent all 3 units or use one for yourself and rent the other 2 units. Units allow short term or long term rentals. Come see this unique property before the opportunity is gone.
Property Description
Corner Unit, End Unit
Public Records
Oct 20, 2000
Sold
$240,000
$155/sq ft
Public Records
Jan 1, 1982
Sold
$60,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$13,311 (−37.8%)
$816,240
2024
$21,396 (+79.4%)
$1,360,400
2023
$11,927 (+14.1%)
2022
$10,450 (+19.4%)
2021
$8,751 (+2.5%)
$518,010
2020
$8,541 (+112.7%)
$496,896
2019
$4,015 (−1.9%)
$219,722
2018
$4,094 (+4.5%)
$228,296
2017
$3,917 (+7.0%)
$212,768
2016
$3,661 (+65.3%)
2015
$2,215 (+4.2%)
2014
$2,126 (+3.7%)
2013
$2,050 (−12.3%)
2012
$2,338
Tax history for 42 Gulf Blvd Unit E
Year
Property tax
Land + Additions
Assessment*
2025
$13,311 (−37.8%)
$816,240
2024
$21,396 (+79.4%)
$1,360,400
2023
$11,927 (+14.1%)
2022
$10,450 (+19.4%)
2021
$8,751 (+2.5%)
$518,010
2020
$8,541 (+112.7%)
$496,896
2019
$4,015 (−1.9%)
$219,722
2018
$4,094 (+4.5%)
$228,296
2017
$3,917 (+7.0%)
$212,768
2016
$3,661 (+65.3%)
2015
$2,215 (+4.2%)
2014
$2,126 (+3.7%)
2013
$2,050 (−12.3%)
2012
$2,338
*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
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1980
Sq. Ft.
1,550
Year built
1970
Style
Condo/Co-op
County
Pinellas County
APN
143013058880000050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
CT
High Density Commercial Tourist District
The CT, commercial tourist district provides for various commercial tourist facilities of high density and related to both the natural assets of the city as well as the ability to provide the necessary public facilities and utilities. The CT commercial tourist district correlates with the resort facilities high RFH 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. Temporary lodging use of dwellings is permitted.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Hotel / motel
Planned unit development (pud)
Property details
Parking
Parking Information
Parking Features: Assigned
Interior
Bedroom Information
# of Bedrooms: 4
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air, Wall/Window Unit(s)