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Waterfront Multi-Unit Investment Opportunity
For Sale
$1,100,000

7815 BOCA CIEGA DRIVE, St Pete Beach, FL 33706

Other - ST PETE BEACH, FL

Property Size2,032 SF
Lot Size0.14 Acres
Price / SF$541.34
Days on Market95

Property Features for 7815 BOCA CIEGA DRIVE

General Information

Property type Other
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features Driveway, Open
Interior features Eat-in Kitchen
Exterior features Dock
Dock 1
Subdivision BAYSIDE 4TH ADD TO ST PETE BEACH
View Water
Directions Take US 19 South to 66t St., Take Pasadena Ave. S over Bridge, go N on Boca Ciega Dr to Units on Right.
Standard status Active
APN 36-31-15-05148-001-0020
Size 2,032 SF
Lot size 0.14 Acres

Utilities

Heating system Central, None (Heating)
Cooling system Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1956
Roof type Other
Architectural style Other
Listing Agency: Engel & Völkers Belleair
Listed By: Kristin Hallamek
Added: May 2 Changed: Jul 15 Last Checked: Aug 4 at 5:06AM
MLS# TB8445637

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

Investment Insights

Based on property information with market context.

This four-unit property presents a value-add opportunity on the Intra-coastal, featuring a dock and flexible redevelopment potential. Located in the heart of St. Pete Beach on Boca Ciega Drive, this waterfront multi-unit asset is situated in a market with tightening inventory. The existing footprint includes four units configured as two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing multiple paths for repositioning. The property requires renovation but retains strong structural fundamentals, existing density, and a location that supports long-term value and rental demand. Investors can restore the 4-unit configuration for maximum income potential, reconfigure into a duplex or triplex with larger, premium units, or create a hybrid use with personal occupancy and rental income. With direct water access and a private dock, future tenants or guests can enjoy boating, kayaking, and sunset views. The property size is 2032 square feet.

Key Highlights

  • Waterfront property on the Intra‑coastal with dock, offering direct water access.
  • Value‑add opportunity with flexible redevelopment potential in St. Pete Beach.
  • Four existing units provide multiple repositioning options.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center HVAC Service Storage Facility Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

974
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Waterfront 4-unit property with redevelopment potential in St. Pete Beach.
Where is this quadplex located?
The property is located at 7815 BOCA CIEGA DRIVE St Pete Beach, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Waterfront property on the Intra‑coastal with dock, offering direct water access.; Value‑add opportunity with flexible redevelopment potential in St. Pete Beach.; Four existing units provide multiple repositioning options.
More about this property
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