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Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1970
Sq.Footage
3,918
This turnkey, fully furnished waterfront fourplex in Indian Rocks Beach offers an exceptional investment opportunity with four bright and spacious 2-bedroom, 2-bathroom units, all approved for short-term (daily) rentals. Each unit comfortably sleeps up to six guests and features two king beds along with a queen sleeper sofa or murphy bed, creating a combined capacity of 24 across the property. Inside, guests will appreciate the coastal-inspired décor, open layouts, and fully equipped kitchens that make extended stays easy and enjoyable. Outdoors, guests can take advantage of a deep-water dock that accommodates boats up to 40 feet and enjoy paddle boarding, kayaking, or fishing right from the property. The beach is just a short stroll away for waves, sunbathing and shelling. Popular restaurants highlighting the local seafood are close by as are attractions like mini golf and a water park. Guests will also enjoy the ease of a 25 minute ride from St Pete - Clearwater International Airport and proximity to museums, professional sports arenas and theme parks. The two ground-floor units have been thoughtfully renovated with flood-resilient construction in mind. In the event of future flooding, the wall panels are easily removable and all electrical wiring is UF-B waterproof-rated. Premium solid wood was used throughout—including cabinets, doors, and trim—ensuring long-term durability. This level of construction not only adds a layer of hurricane resilience but also reduces future maintenance and tenant-related wear and tear. The bottom two units also feature brand-new A/C systems and the building offers impact windows throughout and a newly refreshed seawall, offering peace of mind and energy efficiency. Ample on-site parking and shared access to a convenient laundry room adds to the convenience for both owners and guests. This fourplex is truly a rare blend of income potential, prime location, thoughtful design, and resiliency—perfect for investors looking to capitalize on one of Florida’s most sought-after beach destinations.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Stone Counters
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete, Stucco
-
Other Exterior Features
Balcony, Dock
-
Parking
Assigned, Covered, Off Street
-
Patio and Porch Features
Rear Porch
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Near Public Transit, Paved, Waterfront
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$2,495,000
-
Tax Amount
22859.21
-
Sq. Footage
3, 918
-
Price/SqFt
$636
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
15
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Evan Pedone , ENGEL & VOLKERS MADEIRA BEACH
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