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$4,199,000
13 Beds ⋅ 16 Baths ⋅ Indian Beach Re-Revised 16th Add SubDv. ⋅ 33785 Zip Code
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.

2307 Bay Boulevard, Indian Rocks Beach
$430,000
2 Beds ⋅ 2 Baths ⋅ Bay Mariner The Condo SubDv. ⋅ 33785 Zip Code
Experience the best of Florida coastal living in this fully renovated 2-bedroom, 2-bath condo at The Bay Mariner Condominiums in Indian Shores. This move-in-ready residence offers an opportunity to own a refreshed coastal property in one of the most desirable locations along Florida’s Gulf Beaches. Situated within a waterfront Intracoastal community spanning nearly four acres of tropical landscaping and more than 400 feet of shoreline, the property offers the perfect balance of waterfront living, beach access, and resort-style amenities. The bright interior features updated finishes, a comfortable layout, a primary suite with en-suite bath and walk-in closet, and a versatile second bedroom ideal for guests, a home office, or additional living space. Residents enjoy a relaxed waterfront atmosphere where boats pass along the Intracoastal and Florida wildlife can often be seen just outside. Community amenities include a heated waterfront pool and spa, fishing pier, boat docks for boating and kayaking, clubhouse, shuffleboard courts, bike storage, covered carport parking, and beautifully maintained tropical grounds. Indian Shores Beach is directly across the street, providing quick access to the soft white sands and Gulf waters for beach days and sunset walks. Restaurants, cafés, beach bars, and convenience shops are within walking distance, making everyday living easy and enjoyable. This pet-friendly community allows immediate rentals, creating an excellent opportunity for a primary residence, vacation home, or income-producing investment property. Conveniently located near shopping, dining, and two major airports—St. Pete–Clearwater International Airport and Tampa International Airport.

19701 Gulf Boulevard Unit 105, Indian Shores