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    Belleair Bluffs, FL Multifamily Properties for Sale

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    Largo, FL St Petersburg, FL Belleair, FL Clearwater, FL Belleair Beach, FL Indian Rocks Beach, FL Seminole, FL Mount Dora, FL
    Belleair Bluffs Multifamily Investment Opportunity
    Updated: Nov 4, 2024
    Belleair Bluffs Multifamily Investment Opportunity

    187 BEL FOREST DRIVE, Belleair Bluffs, FL 33770

    $2,400,000
    11,287 sqft 0.72 AC lot
    Prime location in the heart of Belleair Bluffs, walking distance to shopping and amenities.
    12 units offering a comfortable mix for tenants (8 2‑bedroom, 4 1‑bedroom).
    Significant upside potential through updates, priced to sell as‑is.
    Solid block construction on a large 31,496 SF lot in a sought‑after residential area.
    Three of the four buildings have newer roofs (2019, 2018, 2016).
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    This listing looks promising.

    Here's a quick look at some key insights for

    187 BEL FOREST DRIVE, BELLEAIR BLUFFS, FL 33770

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $132K
      Annual

    • Price @ 7% Cap

      $1.88M
      Suggested

    • Property Type

      Triplex
      Built 1972
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Belleair Bluffs, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex with Separate Meters
    Updated Duplex with Separate Meters

    3223 DRYER AVENUE, Largo, FL 33770

    $449,000
    1,980 sqft

    Block-built duplex with newer roof, updated interiors, and separate electric meters for flexible occupancy or tenancy.

    View details
    Updated Duplex with Separate Electric
    Updated Duplex with Separate Electric

    3223 DRYER Avenue, Largo, FL 33770

    $449,000
    1,980 sqft 0.17 AC lot

    Block duplex with newer roof, updated interiors, and separate electric meters for the two units.

    View details
    Historic Multifamily Portfolio Collection
    Historic Multifamily Portfolio Collection

    211 SEVENTH AVE N, St Petersburg, FL 33701

    Contact for pricing
    7,084 sqft

    Two early-20th-century properties totaling 16 units are 100% occupied as of May 2026.

    View details
    St. Petersburg Multifamily Property For Sale
    St. Petersburg Multifamily Property For Sale

    St Petersburg, FL 33704

    Contact for pricing
    16,448 sqft

    Renovated multifamily property in desirable St. Petersburg location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in 55+ Community
    Residential Lot in 55+ Community

    11300 124TH Avenue, Largo, FL 33778

    $32,900
    18.89 AC lot

    Residential lot in Largo, Florida, within a 55+ community.

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    Pond-View Mobile Home Lot
    Pond-View Mobile Home Lot

    16940 US HIGHWAY 19 N, Clearwater, FL 33764

    Contact for pricing
    0.02 AC lot

    Residential lot in a 55+ mobile home cooperative with pond views and available water, sewer, and electric hookups.

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    Vacant Land in 55+ Co-Op Community
    Vacant Land in 55+ Co-Op Community

    605 MICHIGAN Boulevard, Dunedin, FL 34698

    $30,000

    Vacant residential lot in a resident-owned 55+ co-op, previously improved for a double-wide manufactured home.

    View details
    Vacant Lot in 55+ Community
    Vacant Lot in 55+ Community

    7801 34TH Avenue N, St Petersburg, FL 33710

    $35,000
    0.03 AC lot

    Vacant lot in 55+ community with low HOA fees.

    View details

    Off-Market Properties in Belleair Bluffs, FL

    Consider similar Off-Market properties in Belleair Bluffs, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2525 Bay Dr, Unit E11
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1982

    Unit E11
    Value Estimation by Request
    837 sqft
    View details
    2525 Bay Dr, Unit A23
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1986

    Unit A23
    Value Estimation by Request
    690 sqft
    View details
    2525 Bay Dr, Unit D31
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-4917

    Unit D31
    Value Estimation by Request
    837 sqft
    View details
    55 Hbr Vw Ln, Unit 307
    APARTMENT HOUSE (UNDER 5 UNITS)

    55 Hbr Vw Ln, Belleair Bluffs, FL 33770-2648

    Unit 307
    Value Estimation by Request
    1,162 sqft
    View details
    55 Hbr Vw Ln, Unit 204
    APARTMENT HOUSE (UNDER 5 UNITS)

    55 Hbr Vw Ln, Belleair Bluffs, FL 33770-2646

    Unit 204
    Value Estimation by Request
    873 sqft
    View details
    2525 Bay Dr, Unit A30
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1956

    Unit A30
    Value Estimation by Request
    835 sqft
    View details
    55 Hbr Vw Ln, Unit 108
    APARTMENT HOUSE (UNDER 5 UNITS)

    55 Hbr Vw Ln, Belleair Bluffs, FL 33770-2641

    Unit 108
    Value Estimation by Request
    1,162 sqft
    View details
    2525 Bay Dr, Unit C41
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1948

    Unit C41
    Value Estimation by Request
    837 sqft
    View details
    2944 Bay Dr, Unit 205
    APARTMENT HOUSE (UNDER 5 UNITS)

    2944 Bay Dr, Belleair Bluffs, FL 33770-2664

    Unit 205
    Value Estimation by Request
    690 sqft
    View details
    2525 Bay Dr, Unit C34
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1948

    Unit C34
    Value Estimation by Request
    835 sqft
    View details
    2525 Bay Dr, Unit A21
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1986

    Unit A21
    Value Estimation by Request
    837 sqft
    View details
    2944 Bay Dr, Unit 304
    APARTMENT HOUSE (UNDER 5 UNITS)

    2944 Bay Dr, Belleair Bluffs, FL 33770-2665

    Unit 304
    Value Estimation by Request
    690 sqft
    View details
    2525 Bay Dr, Unit C22
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1995

    Unit C22
    Value Estimation by Request
    690 sqft
    View details
    2944 Bay Dr, Unit 202
    APARTMENT HOUSE (UNDER 5 UNITS)

    2944 Bay Dr, Belleair Bluffs, FL 33770-2664

    Unit 202
    Value Estimation by Request
    690 sqft
    View details
    55 Hbr Vw Ln, Unit 205
    APARTMENT HOUSE (UNDER 5 UNITS)

    55 Hbr Vw Ln, Belleair Bluffs, FL 33770-2646

    Unit 205
    Value Estimation by Request
    873 sqft
    View details
    55 Hbr Vw Ln, Unit 106
    APARTMENT HOUSE (UNDER 5 UNITS)

    55 Hbr Vw Ln, Belleair Bluffs, FL 33770-2641

    Unit 106
    Value Estimation by Request
    873 sqft
    View details
    55 Hbr Vw Ln, Unit 201
    APARTMENT HOUSE (UNDER 5 UNITS)

    55 Hbr Vw Ln, Belleair Bluffs, FL 33770-2641

    Unit 201
    Value Estimation by Request
    1,162 sqft
    View details
    2944 Bay Dr, Unit 201
    APARTMENT HOUSE (UNDER 5 UNITS)

    2944 Bay Dr, Belleair Bluffs, FL 33770-2664

    Unit 201
    Value Estimation by Request
    690 sqft
    View details
    2525 Bay Dr, Unit A33
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1956

    Unit A33
    Value Estimation by Request
    690 sqft
    View details
    2525 Bay Dr, Unit E10
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-1982

    Unit E10
    Value Estimation by Request
    835 sqft
    View details
    2944 Bay Dr, Unit 204
    APARTMENT HOUSE (UNDER 5 UNITS)

    2944 Bay Dr, Belleair Bluffs, FL 33770-2664

    Unit 204
    Value Estimation by Request
    690 sqft
    View details
    2525 Bay Dr, Unit C32
    APARTMENT HOUSE (UNDER 5 UNITS)

    2525 Bay Dr, Belleair Bluffs, FL 33770-4916

    Unit C32
    Value Estimation by Request
    690 sqft
    View details
    2944 Bay Dr, Unit 308
    APARTMENT HOUSE (UNDER 5 UNITS)

    2944 Bay Dr, Belleair Bluffs, FL 33770-2665

    Unit 308
    Value Estimation by Request
    690 sqft
    View details

    Belleair Bluffs, FL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Belleair Bluffs, FL on our real estate platform. These investment opportunities span a total of 11,287 square feet of properties for sale, with an estimated market value of $2,400,000.

    Sale prices for multifamily properties in Belleair Bluffs, FL average $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) -2.7%
    Median Household Income $58,071
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Belleair Bluffs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Largo - 33770 $2.4M

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