Multifamily

Indian Rocks Beach, FL Multifamily Properties for Sale

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Gulf Frontage Remodel Opportunity
Updated: Jul 7
Gulf Frontage Remodel Opportunity

19306 GULF BOULEVARD, Indian Rocks Beach, FL 33785

$3,500,000
4,695 sqft 0.05 AC lot
50 Feet of Direct Gulf Frontage
Zoned Condo/Hotel: Remodel or Redevelop Opportunity
Prime Location in Highly Desirable Indian Shores
Historically Operated as Seasonal Vacation Rentals
Amazing Gulf Views with Year‑Round Sunsets
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Waterfront Apartment Complex with Marina
Updated: Jun 17
Waterfront Apartment Complex with Marina

2307 BAY BOULEVARD, Indian Rocks Beach, FL 33785

$4,199,000
5,932 sqft 0.44 AC lot
Waterfront property featuring six deepwater boat slips, accommodating vessels up to 50 feet with projected $45,000 annual income.
Fully renovated in 2026, featuring eight well‑appointed units (five 2‑bedroom, 1.5‑bath and three 1‑bedroom, 1‑bath).
Located in Indian Rocks Beach, allowing for short‑term rentals to increase revenue.
Multiple income streams from apartment and boat slip rentals.
Six units offer water views with sliding glass doors to covered porches and shared outdoor spaces.
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Renovated Multifamily Near Indian Rocks Beach
Renovated Multifamily Near Indian Rocks Beach

206 22ND AVENUE, Indian Rocks Beach, FL 33785

$2,300,000
4,556 sqft 0.21 AC lot

Fully renovated six-unit multifamily property near Indian Rocks Beach.

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Waterfront Condo, Short-Term Rentals Allowed
Waterfront Condo, Short-Term Rentals Allowed

399 2ND St 216, Indian Rocks Beach, FL 33785

$634,900
1,110 sqft

Waterfront condo approved for short-term rentals near Gulf beaches.

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Waterfront Multifamily with Boat Slips
Waterfront Multifamily with Boat Slips

2307 BAY BOULEVARD, Indian Rocks Beach, FL 33785

$4,199,000
5,932 sqft 0.44 AC lot

Fully renovated 8-unit waterfront apartment complex on three lots with a six-slip deepwater marina.

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Renovated Multifamily Near Indian Rocks Beach
Renovated Multifamily Near Indian Rocks Beach

206 22ND AVENUE, Indian Rocks Beach, FL 33785

$2,300,000
4,556 sqft 0.21 AC lot

Six-unit multifamily property near beach with income potential.

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Waterfront Triplex in Indian Rocks
Waterfront Triplex in Indian Rocks

2605 BAY BOULEVARD, Indian Rocks Beach, FL 33785

$1,999,999
2,464 sqft 0.18 AC lot

Updated waterfront triplex near the Gulf, ideal for income generation.

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Indian Rocks Beach Multifamily Property
Indian Rocks Beach Multifamily Property

701 1st Street, Indian Rocks Beach, FL 33785

$2,195,000
7,700 sqft

Multifamily property in Indian Rocks Beach, Florida for sale.

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Remodeled Quadruplex Near Indian Rocks Beach
Remodeled Quadruplex Near Indian Rocks Beach

711 E GULF BOULEVARD, Indian Rocks Beach, FL 33785

$1,950,000
2,077 sqft 0.13 AC lot

Turn-key 4-plex ideal for short-term rentals near the beach.

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Waterfront Multifamily Property
Waterfront Multifamily Property

2307 BAY BOULEVARD, Indian Rocks Beach, FL 33785

$4,199,000
0.44 AC lot

Three buildings with eight units and six deepwater boat slips on a waterfront lot with covered parking and storage.

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Seven-Unit Condo Near Gulf
Seven-Unit Condo Near Gulf

812 E Gulf Blvd, Indian Rocks Beach, FL 33785

$4,319,000
8,575 sqft

Boutique condo community near Indian Rocks Beach.

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Waterfront Condo Near Indian Rocks Beach
Waterfront Condo Near Indian Rocks Beach

399 2ND St 417, Indian Rocks Beach, FL 33785

$749,998
0.36 AC lot

Turnkey, fully furnished condo with waterpark access and rental potential.

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Remodeled Fourplex Near Indian Rocks Beach
Remodeled Fourplex Near Indian Rocks Beach

711 E GULF Blvd, Indian Rocks Beach, FL 33785

$1,950,000
0.13 AC lot

Turn-key fourplex near the beach with short-term rental potential.

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Corner Condo with Gulf Views
Corner Condo with Gulf Views

19440 GULF BOULEVARD 301, Indian Rocks Beach, FL 33785

$675,000
875 sqft 0.35 AC lot

Renovated beachfront condo with wraparound deck and rental potential.

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Indian Shores Condo Opportunity
Indian Shores Condo Opportunity

19417 GULF Blvd C109, Indian Rocks Beach, FL 33785

$469,900
6.02 AC lot

First-floor, two-bedroom condo in desirable Barefoot Beach Resort.

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Waterfront Triplex in Indian Rocks
Waterfront Triplex in Indian Rocks

2605 BAY Blvd, Indian Rocks Beach, FL 33785

$1,900,000

Updated waterfront triplex near the Gulf, ideal for income generation.

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Waterfront Multifamily with Rental Potential
Waterfront Multifamily with Rental Potential

2307 BAY BOULEVARD, Indian Rocks Beach, FL 33785

$4,199,000

Waterfront property with eight units, six boat slips, short-term rental zoning.

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Renovated Multifamily Property Near Beach
Renovated Multifamily Property Near Beach

206 22ND Ave, Indian Rocks Beach, FL 33785

$2,300,000

Six-unit multifamily property, renovated, near Indian Rocks Beach.

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Turnkey Waterfront Condo
Turnkey Waterfront Condo

18399 GULF Blvd 364, Indian Rocks Beach, FL 33785

$297,000

Renovated, fully furnished first-floor condo with modern appliances, a Murphy bed, and water views.

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Remodeled First-Floor Resort Condo
Remodeled First-Floor Resort Condo

19417 GULF Blvd F110, Indian Rocks Beach, FL 33785

$379,000

Fully remodeled one-bedroom, one-bath condo with private patio and direct outdoor access within a waterfront resort community.

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Beachfront Triplex with Duplex
Beachfront Triplex with Duplex

516 GULF BOULEVARD, Indian Rocks Beach, FL 33785

$4,150,000
3,321 sqft 0.33 AC lot

Main house plus duplex units on a short-term rental-zoned beachfront property, with recent mechanical and electrical upgrades.

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Gulf Frontage Development Opportunity
Gulf Frontage Development Opportunity

30 GULF BOULEVARD, Indian Rocks Beach, FL 33785

$5,500,000

Prime Gulf of Mexico and Intracoastal access development opportunity.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Indian Rocks Beach, FL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Indian Rocks Beach, FL

Consider similar Off-Market properties in Indian Rocks Beach, 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.

2110 Gulf Blvd, Unit 6
APARTMENT HOUSE (UNDER 5 UNITS)

2110 Gulf Blvd, Indian Rocks Beach, FL 33785-3818

Unit 6
Value Estimation by Request
455 sqft
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2704 2nd St, Unit 6
APARTMENT HOUSE (UNDER 5 UNITS)

2704 2nd St, Indian Rocks Beach, FL 33785-3133

Unit 6
Value Estimation by Request
598 sqft
View details

Indian Rocks Beach, FL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Indian Rocks Beach, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 51,793 square feet of properties for sale, with an estimated market value of $32,421,899.

Sale prices for multifamily properties in Indian Rocks Beach, FL start at $634,900, averaging $2,701,824, and reaching up to $4,319,000 — 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

Short term rental properties 19
Apartment buildings 6
Quadplexes 3
Triplexes 3
Duplexes 1

Demographics Overview

Population 6,435
Population Growth (5Y) -7.9%
Median Household Income $108,877
College Educated 73.3%

High-Yield Neighborhoods for Investment

Identify Indian Rocks Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33785 $2.5M

Taxes & Financing

Tax Rate (average for all types) 1.52%
Property Tax per SF $7.78 per SF
Tax Rate vs County Average 0.23 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pinellas County

New Delisted

Total CRE Inventory on Market (SF)

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