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    Remodeled Quadruplex Near Indian Rocks Beach Title is generated by Realmo AI

    711 E GULF BOULEVARD, Indian Rocks Beach, FL 33785

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    For Sale
    $1,950,000

    Quadruplex - INDIAN ROCKS BEACH, FL

    Type:Quadruplex
    Property size:
    2,077 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $938/SF
    Added:
    Oct 27, 2025
    Days on Market:
    207
    Last Refresh:
    May 21 at 2:06 pm

    Property Features for 711 E GULF BOULEVARD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Zoning
    RES
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Driveway, Off Street, Open
    Pets allowed
    Yes
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Vaulted Ceiling(s), Window Treatments
    Exterior features
    Paved, Awning(s), Courtyard, French Doors, Lighting, Storage, Dock
    Dock
    1
    Appliances
    Dishwasher, Dryer, Freezer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    12-30-14-02394-000-0710
    Size
    2,077 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    27727.27

    Utilities

    Heating system
    Ductless (Heating), Electric (Heating)
    Cooling system
    Ductless, Multi Units
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1960
    Number of units
    4
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Built-Up, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Marykay Csenge
    Marykay Csenge

    Listing agent Marykay Csenge License #3242547

    Listing office COASTAL PROPERTIES GROUP INTERNATIONAL 423 Mandalay Ave Ste 102, Clearwater Beach, FL

    Listing date Oct 27, 2025

    MLS# TB8441928 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key, fully remodeled 4‑plex with strong short‑term rental income potential in desirable Indian Rocks Beach.
    • Enjoy Intracoastal Waterway views from two units, plus a private boat dock.
    • No rental restrictions, ideal for Airbnb/VRBO.
    • Each unit is fully furnished with modern kitchens, new appliances, king‑size beds, and queen pull‑out sofas.
    • Located just 2 blocks from the beach and walking distance to restaurants and shops.
    • Equipped with on‑site washer & dryer and custom flood barriers.

    Overview

    This fully remodeled, turn-key 4-plex presents an investment opportunity for short term rental income in Indian Rocks Beach, Florida. Each of the four units features one bedroom and one bathroom, and is furnished with king-size beds, queen pull-out sofas, vaulted ceilings, and modern kitchens with new appliances. The property includes an on-site washer and dryer, and each unit is equipped with custom flood barriers. Two front units offer Intracoastal Waterway views, and the property includes a private boat dock. With no rental restrictions, this property is suited for Airbnb/VRBO. Located two blocks from the beach, it is within walking distance of restaurants and shops. Convenient access to Tampa Bay airports enhances its appeal for visitors. The property is situated on a 0.13-acre lot and has a property size of 2077 square feet. The property is zoned as RES.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indian Rocks Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.847542
    Latitude
    27.888176

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    FAQs

    What type of property is this?
    Quadplex - Turn-key 4-plex ideal for short-term rentals near the beach.
    Where is this quadplex located?
    The property is located at 711 E GULF BOULEVARD Indian Rocks Beach, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Turn‑key, fully remodeled 4‑plex with strong short‑term rental income potential in desirable Indian Rocks Beach.; Enjoy Intracoastal Waterway views from two units, plus a private boat dock.; No rental restrictions, ideal for Airbnb/VRBO.
    (727) 735-5002
    We can help!
    Listing Contact
    Marykay Csenge
    Marykay Csenge
    Real Estate License ID: 3242547
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    711 E GULF BOULEVARD, INDIAN ROCKS BEACH, FL 33785
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