$1,723,500

About This Property

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.

infoProperty Details

Property Type

Quadruplex

Year Built

1970

Living Area

3,918 sqft

Lot Size

0.15 acres

Bedrooms

8

Bathrooms

8

Ownership

Fee Simple

Days on Market

85

List Date

chairInterior Features

yardExterior & Lot

Listed By

ENGEL & VOLKERS MADEIRA BEACH

727-394-7365

mailContact Evan