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Waterfront Apartment Building
New
For Sale
$4,199,000

2307 BAY BOULEVARD, Indian Rocks Beach, FL 33785

INDIAN ROCKS BEACH, FL

Property SizeContact for details
Days on Market1

Property Features for 2307 BAY BOULEVARD

General Information

Property type Land
Property subtype Other
Subdivision INDIAN BEACH RE-REVISED 16TH ADD
Standard status Active

Amenities

courtyard
storage rooms
laundry facility
EV charging station
Listing Agency: Engel & Volkers Madeira Beach · Engel & Völkers
Listed By: Evan Pedone · License #3370730
Added: Sep 8 Last Checked: Sep 8 at 4:06PM
MLS# TB8499970

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 multifamily property at 2307 Bay Boulevard comprises three buildings arranged around a palm-lined courtyard. The renovated offering includes eight units: five two-bedroom, 1.5-bath residences and three one-bedroom, one-bath residences. Six units have water views, sliding glass doors, covered porches, and access to shared outdoor areas. The property also includes six covered carports, eight private storage rooms, a common laundry facility, guest parking, and an EV charging station.

A six-slip deepwater marina accommodates boats up to 50 feet and includes 110V/220V electrical service, water hookups, and individual dock boxes. Approximately 160 feet of water frontage adds direct waterfront context, while the property is walkable to the beach. The multifamily zoning supports short-term rentals in Indian Rocks Beach, offering flexibility for continued annual rentals or a repositioning toward short-term lodging.

Key Highlights

  • Eight units with a mix of five 2‑bedroom, 1.5‑bath and three 1‑bedroom, 1‑bath residences
  • Approximately 160 feet of water frontage
  • Six deepwater slips accommodate vessels up to 50 feet

Property Analytics

Current Use

Marinas

Suggested Use

Top Pick Law Firm Auto Repair Shop HVAC Service Building Supply Electrical Service Spa & Massage Center

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 33785, FL

4,863
Population
5,863
Households
0.8
Avg Household Size
59
Median Age
46%
College-Educated
97%
High-School Grad
1.2 sq mi
ZIP Area
4,053
Density / Sq Mi
$98,750
Median Household Income
$57,542
Median Earnings
$1,804
Median Rent
$689,500
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?
Apartment building - Multifamily property with short-term rental zoning, renovated units, covered porches, and an on-site marina.
Where is this apartment building located?
The property is located at 2307 BAY BOULEVARD Indian Rocks Beach, FL.
What is the asking price?
The asking price for this property is $4,199,000.
What are key features of this property?
This property features: Eight units with a mix of five 2‑bedroom, 1.5‑bath and three 1‑bedroom, 1‑bath residences; Approximately 160 feet of water frontage; Six deepwater slips accommodate vessels up to 50 feet
More about this property
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