Courtesy: CHARLES RUTENBERG REALTY INC
727-538-9200
Exceptional investment opportunity in the highly sought-after Indian Rocks Beach! This fully renovated 2 story six-unit multifamily property is just a short stroll to public beach access, offering the perfect blend of location, income potential, and turnkey condition. Block construction, all six units have been beautifully remodeled, each featuring 2 bedrooms, 1 bathroom, and designated parking—ideal for both short-term vacation and/or long-term tenants. The property is perfectly positioned to take advantage of Indian Rocks Beach’s allowance for short-term and vacation rentals (with proper licensing), creating strong income-producing potential. Located within close proximity to popular beach shops, dining, and local attractions, this property offers guests and tenants the ultimate Florida coastal lifestyle. Confidential offering—additional details available upon request.
Courtesy: ENGEL & VOLKERS MADEIRA BEACH
727-394-7365
Exceptional opportunity to own a fully renovated waterfront apartment complex in highly sought-after Indian Rocks Beach. Situated on three contiguous lots, this unique property features eight well-appointed units and six deepwater boat slips, creating multiple income streams and offering both immediate revenue potential and long-term upside. Recently renovated in 2026, the property offers a well-balanced unit mix with five 2-bedroom, 1.5-bath units and three 1-bedroom, 1-bath units, appealing to a wide range of renters. Six units—including four 2-bedroom and one 1-bedroom—enjoy beautiful water views with sliding glass doors opening to covered porches and shared outdoor spaces overlooking the bay, while two additional 1-bedroom units are located in a detached front duplex. The property is comprised of three separate buildings arranged around a charming palm-lined courtyard. The waterfront building includes the majority of the units with direct water views and access, while a third structure provides six covered carports, eight private storage rooms, a common laundry facility, and an EV charging station. Boating enthusiasts will appreciate the on-site marina with six deepwater slips accommodating vessels up to 50 feet, complete with electric (110V/220V), water hookups, and individual dock boxes, with projected boat slip income of approximately $45,000 annually. With approximately 160 feet of water frontage, this property delivers true coastal living. Previously operated as an annual rental, the property presents significant upside through conversion to short-term rentals, as Indian Rocks Beach allows for short-term leasing—making it an ideal opportunity for investors looking to maximize returns or reposition as a boutique hotel or motel concept. Additional highlights include ample guest parking and walkability to the beach, enhancing both tenant and guest appeal. STR AirDNA reports available upon request. With recent renovations complete, multiple revenue streams, and a prime waterfront location, this is a rare chance to acquire a high-performing, high-upside asset in one of Florida’s most desirable coastal markets. Seller financing available—contact for details.
Indian Rocks Beach is located in Florida. Indian Rocks Beach, Florida has a population of 3,740. Indian Rocks Beach is less family-centric than the surrounding county with 13.52% of the households containing married families with children. The county average for households married with children is 21.33%.
The median household income in Indian Rocks Beach, Florida is $83,348. The median household income for the surrounding county is $60,451 compared to the national median of $69,021. The median age of people living in Indian Rocks Beach is 56.9 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 52.1 degrees. The average rainfall is approximately 52.8 inches per year, with 0 inches of snow per year.
