16
Baths
5,932 Sq. Ft.
$708 / Sq. Ft.
5,932
Sq. Ft.
$708
per Sq. Ft.

Description

Exceptional opportunity to own an 8-unit fully renovated waterfront apartment complex in highly sought-after Indian Rocks Beach. Situated on three contiguous lots, this unique property 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...Exceptional opportunity to own an 8-unit fully renovated waterfront apartment complex in highly sought-after Indian Rocks Beach. Situated on three contiguous lots, this unique property 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 inone of Florida’s most desirable coastal markets. Seller financing available—contact for details.
  1. Listed by Evan Pedone • Brokerage DRE #1007310 • ENGEL & VOLKERS MADEIRA BEACH
    P: (727)-459-5543 C: (727)-459-5543 evan.pedone@evrealestate.com
  2. Listed by Ashley Pedone • Brokerage DRE #1007310 • ENGEL & VOLKERS MADEIRA BEACH
    P: (727)-410-5522 Ashley.pedone@evrealestate.com

Property Details for 2307 Bay Boulevard

Subdivision Name
INDIAN BEACH RE-REVISED 16TH ADD
Township
30
Carport Spaces
6
View
Water
Waterfront
Yes
Water View
Intracoastal Waterway
LISTING UPDATED: 04/21/2026 06:55 AM

Property Details for 2307 Bay Boulevard

StatusActive
MLS #TB8499567
Days on Market48
Taxes$37,078 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1969
Lot Size0.44 AC / 18,997 SF
CountyPinellas County

Location

Listing Courtesy of ENGEL & VOLKERS MADEIRA BEACH, Evan Pedone; ENGEL & VOLKERS MADEIRA BEACH, Ashley Pedone
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Building Information for 2307 Bay Boulevard

Stories-Residences-Year Built1969Building Size-Lot Size0.44 AC / 18,997 SF

Payment Calculator

$24,014 per month

30 year fixed, 6.36% Interest

Principal and Interest

$20,924

Property Taxes

$3,090

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2307 Bay Boulevard

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 6872.0
  • Building Area Units: Square Feet
  • Directions: Take Belleair Bridge across. Turn left onto Gulf Blvd. Left onto 24th Ave N. Right onto Bay Blvd. Property on left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2307
  • Street Name: BAY
  • Street Suffix: BOULEVARD
  • State: FL
  • City: INDIAN ROCKS BEACH
Parking
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 34-23
  • Tax Legal Description: INDIAN BEACH RE-REVISED 16TH ADD LOTS 31, 32 & 33 TOGETHER WITH TIIF SLL #520339383 O.R. 17473/1273 EXP 2/20/2017
  • Tax Lot: 31
  • Tax Year: 2025
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Marina, Near Public Transit
  • Lot Size Dimensions: 160 x 120
  • Parcel Number: 063015423180000310
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: Intracoastal Waterway
  • Water Access: Yes
  • Water Extras: Fishing Pier, Sailboat Water, Seawall - Concrete
  • Water Extras: Yes
  • Water: Fishing Pier, Sailboat Water, Seawall - Concrete
  • Living Area: 5932
  • Lot Dimensions: 160 x 120
Property and Assessments
  • Year Built Numeric: 1969
  • Flood Zone Code: AE
  • Flood Zone Date: 08-24-2021
  • Flood Zone Panel: 12103C0113H
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 06
  • Dock YN: Yes
  • Dock Description: Dock - Composite, Dock w/Electric, Dock w/Water Supply
  • Dock Year Built: 2009
  • Dock Dimensions: 55x116
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Stucco
  • Exterior Features: Sliding Doors
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Features: Intracoastal Waterway
  • Waterfront Feet Total: 166
Interior Features
  • Bedrooms Total: 13
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric
  • Interior Features: Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters
  • Laundry Features: Common Area, Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Net Income: $395,000.00
  • Unit Count: 2
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 2307 Bay Boulevard

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

MFRMLS #TB8499970

$4,199,000—
Apr 20, 2026

Listed (Active)

MFRMLS #TB8499567

$4,199,000—
May 23, 2025

Withdrawn

MFRMLS #TB8342219

$4,695,000—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

MFRMLS #TB8499970

$4,199,000
04/20/2026

Listed (Active)

MFRMLS #TB8499567

$4,199,000
05/23/2025

Withdrawn

MFRMLS #TB8342219

$4,695,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2307 Bay Boulevard

Taxable ValueLand-Additions-Total-
Tax Record2025$37,078 ($3,090 / month)
Home Facts
Baths11Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories1Lot Size18,997 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1988CountyPINELLASAPN06-30-15-42318-000-0310

Schools near 2307 Bay Boulevard

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Anona Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

Largo High School
Public9 to 12

Pinellas Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

2307 Bay Boulevard is a multi-family home for sale in Indian Rocks Beach, FL 33785. This property was listed for sale on April 20, 2026 by ENGEL & VOLKERS MADEIRA BEACH, it's currently listed at $4,199,000. It has been on the market for a total of 48 days and was last sold on June 2, 2014. This listing's school district is Pinellas. Nearby schools include Anona Elementary School, Seminole Middle School and Largo High School. 2307 Bay Boulevard is a 13-bed, 16-bath, 5,932 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ENGEL & VOLKERS MADEIRA BEACH, Evan Pedone; ENGEL & VOLKERS MADEIRA BEACH, Ashley Pedone

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/21/2026 06:55 AM