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1214 BAY PINE BOULEVARD

Multi-family For Sale
$995,000

BTC: 33.16666667

ETH: 497.50000000

-$304K (2025/11/20)
662 days
5 bds
1,480 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

6.6% CAP RATE - FULLY PERMITTED RENOVATIONS... STR potential can exceed current income. Welcome to 1214 Bay Pine Blvd, an exceptional investment opportunity in the scenic coastal town of Indian Rocks Beach, Florida. This fully updated triplex, with no deferred maintenance, offers a unique blend of comfort and profitability. The property comprises two cozy studio apartments and a spacious 1100 sq ft main unit, each boasting new kitchens, appliances, flooring, and updated AC units. All units enjoy private patios, perfect for soaking up the Florida sunshine and the gentle sea breeze. Just steps from the beach, this corner property provides easy access to the intercoastal and the sparkling Gulf of Mexico. The location also offers convenient access to a variety of local amenities, ensuring a lifestyle of comfort and convenience. With its new exterior features including roof, landscaping, driveways, and lighting, and ample parking for 8-10 cars, this property is primed for generating rental income or serving as your dream beach getaway. With an oversized corner lot there is ample room to install a private pool. The property also features zoning flexibility and no short-term rental minimum, making it a versatile investment. Don't miss out on this rare opportunity to capitalize on all that Indian Rocks Beach has to offer.

Location

Facts and features

Type:
Residential Income
Parking:
Boat / Guest / Off Street / On Street / RV Parking
Year Built:
1947
Lot:
0.16 Acres
Heating:
Central / Electric
Price/sqft:
$672
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Boat

    • Guest

    • Off Street

    • On Street

    • RV Parking

    Property

    • Exterior Features: Awning(s) / Courtyard / Dog Run / Fenced / Garden / Irrigation System / Lighting / Private Mailbox / Rain Gutters / Storage

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 013014420480840170

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Fiber Optics

  • Other financial information

    • Annual tax amount: $7,030

  • Source details

    • MLS ID: U8230633

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone / City Lot / Level / Near Public Transit

    • Patio And Porch Features: Covered / Front Porch / Patio / Rear Porch

    • Window Features: Blinds / Window Treatments

    • Other Structures: Shed(s)

    • Living Area: 1480

    • Water Source: Public

    • Subdivision Name: INDIAN BEACH RE-REVISED 1ST ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DOUGLAS ELLIMAN