812 E GULF BOULEVARD #1, 2, 3, 4, 5, 6, 7 Indian Rocks Beach, FL $ 4,485,000
812 E GULF BOULEVARD #1, 2, 3, 4, 5, 6, 7
$ 4,485,000
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812 E GULF BOULEVARD #1, 2, 3, 4, 5, 6, 7

Indian Rocks Beach, FL, 33785
$ 4,485,000
Bedrooms14 Baths21.0 Sq 8,575

Monthly Estimate*

$ 27,981

812 E GULF BOULEVARD #1, 2, 3, 4, 5, 6, 7, Indian Rocks Beach, FL 33785 - Image 1
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Multi-Family Home for sale in Indian Rocks Beach, FL

for $4,485,000 with 14 bedrooms and 21 full baths. This 8,575 square foot home was built in 1985 on a lot size of 0.92.

Based on Short-Term Vacation Rental Potential Gross Revenue: Indian Rocks Beach is hot for vacation rentals (67–74% average occupancy per AirDNA and Airbtics data). For 2-bed townhomes/condos here, average daily rates (ADR) are $350–$420, leading to $60,000–$80,000 annual gross per unit (e.g., $400 ADR × 365 days × 70% occupancy ˜ $102,200, minus platform fees). For 7 units: $420,000–$560,000 total gross. THE VALUE IN THIS PROPERTY MAKES IT A SMART INVESTMENT. Actual Annual Gross Income (LONG TERM rentals) 2024: $226,500.00. Discover an exceptional investment opportunity in the heart of Indian Rocks Beach! This unique property at 812 E Gulf Blvd features SEVEN (7) beautifully designed, attached townhomes/condominiums being sold together as a single, cohesive complex. Perfectly situated just steps from the pristine sands of the Gulf of America, this property offers unparalleled access to the vibrant coastal lifestyle of Indian Rocks Beach. Owner offering seller financing maximum 50% down for qualified buyers. ALL offers will provide proof of funds for financing. Prime Location: Located on East Gulf Boulevard, this property is in the heart of Indian Rocks Beach, known for its laid-back charm, stunning beaches, and proximity to local dining, shopping, and entertainment. 7 Spacious Townhomes: Each townhome/condominium is thoughtfully designed with modern layouts, offering ample space for residents or vacation renters. Ideal for multi-family living, rental income, or a combination of both. Investment Potential: With the booming demand for LONG TERM RENTALS, SHORT TERM VACATION RENTALS, or even a PRIVATE BEACH TOWN retreat for a large family or group. THIS is A MUST SEE. This complex presents a rare opportunity for investors or developers for residential properties in this sought-after beach community in INDIAN ROCKS BEACH FLORIDA. Beach Proximity: Just a short 2-minute walk to the Gulf of America, offering residents and guests easy access to sun, sand, and surf. Additional Features: Brand new windows installed throughout all 7 units in 2025! New Roof installed 2019. Well-maintained exterior and common areas with Ample parking for residents and guests ON SITE. Close to major highways for easy access to Tampa, Clearwater, and St. Petersburg. Strong rental market with high demand in Indian Rocks Beach. This is a rare chance to own an entire townhome/condominium complex in one of Florida’s most desirable beach communities. Whether you're looking to generate rental income, create a family compound, or develop a unique ISLAND property, 812 E Gulf Blvd offers endless possibilities. ALL SEVEN (7) UNITS COME WITH TENANTS AND LEASES. Buyers should verify zoning, rental regulations, and property details. OWNER OFFERING SELLER FINANCING.

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Multi-Family Active

Price

$ 4,485,000

Bedrooms

14

Full Bath

21

Property Type

Multi-Family

Taxes

$ 41,980

Style

Multi Family

Lot Size

0.92

Year Built

1985

Town/City

Indian Rocks Beach

County/Region

Pinellas

MLS | Web ID

TB8406743

Features
Interior
Interior Amenities eating space in kitchen thermostat
Furnished Y/N unfurnished
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features laundry closet
Total Bedrooms 14
Total Baths 21
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General
Sewer public sewer
Heating central
Cooling central air
Utilities bb/hs internet available electricity connected public sewer connected street lights water connected
Possession close of escrow
Roof shingle
Garage Spaces 10
Construction Materials block wood frame
Pets Allowed dogs ok
Year Built 1985
Tenant Pays electricity
Levels two
Unit Number 1 2 3 4 5 6 7
Property Subtype multi family
Tax Year 2024
Ownership fee simple
Gross Income 226500
Additional Parcels Description 12-30-14-38055-000-0020 12-30-14-38055-000-0030 12-30-14-38055-000-0040 12-30-14-38055-000-0050 12-30-14-38055-000-0060 12-30-14-38055-000-0070
County pinellas
New Construction no
Property Type residential income
HOA N
Attached Garage yes
Subdivision Name heather sands condo
Garage Y/N yes
Status active
Directions heading north on gulf blvd. turn right (east) on 9th. go to e gulf blvd.
City indian rocks beach
Senior Community Y/N no
Number Of Units Total 7
MLS Area 33785 - indian rocks bch/belleair bch/indian shores
Lot Size Units square feet
Lot Size Square Feet 40250
Carport Y/N no
Listing Terms cash owner may carry
Property Attached Y/N yes
Land Lease Y/N no
Tax Annual Amount 41980
Property Condition completed
Ok to Lease 12 months
Additional Parcels Y/N yes
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/tb8406743
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type tenant
Tax Lot 1
Total Actual Rent 18875
Legal Description lot 4 less the south 63 feet bahia vista first addition as recorded in plat 35 page 64 of the public records of pinellas county florida
Water Access Y/N no
Water View Y/N no
Flood Zone Code ae
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Exterior
Exterior Amenities lighting private mailbox
Parking Features assigned common covered curb parking driveway guest
Lot Features corner lot landscaped near public transit oversized lot
Water Source public
Lot Size Area 40250
Foundation Details slab
Number of Buildings 1
Building Area Total 8575
Lot Dimensions 322 x 125
Lot Size Acres 0.92
Road Surface Type paved asphalt
Private Pool no
Waterfront Y/N no
Covered Spaces 10
Road Frontage Type street paved
Number of Lots 7
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Internal Only
Street Number 1 812
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* Excluded Features
List By
Charles Rutenberg Realty Inc

Broker

C-DELAINE@HOTMAIL.COM

Email

Affordability Calculator

$31,479
Per Month
89%
11%
0%
Monthly Principal & Interest
$27,981
Monthly Property Taxes
$3,498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2025$4,485,000 Listed Price

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812 E GULF BOULEVARD #1, 2, 3, 4, 5, 6, 7, Indian Rocks Beach, FL, 33785 is a Multi-Family Home for sale at $4,485,000 with 8,575 sqft and a lot size of 0.92. 812 E GULF BOULEVARD #1, 2, 3, 4, 5, 6, 7 has 14 bedrooms, 21.0 baths, and was built in 1985. The property's zip code is 33785 which is in Indian Rocks Beach, FL