717 E GULF BOULEVARD Indian Rocks Beach, FL $ 999,999
717 E GULF BOULEVARD
$ 999,999
New Construction
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717 E GULF BOULEVARD

Indian Rocks Beach, FL, 33785
$ 999,999
Bedrooms4 Baths3.0 Sq 2,100

Monthly Estimate*

$ 6,157

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Multi-Family Home for sale in Indian Rocks Beach, FL

for $999,999 with 4 bedrooms and 3 full baths. This 2,100 square foot home was built in 1959 on a lot size of 0.13.

PRICED TO MOVE BELOW $1M: Fully Turnkey Coastal Triplex – Saltwater Canal Frontage & 1 Block to the Beach! Investor's paradise or the ultimate coastal lifestyle pivot! Rarely do you find a fully renovated, 100% turnkey triplex approved for short-term/vacation rentals sitting right on a saltwater canal and just one block from the pristine sands of Indian Rocks Beach—all for under $1,000,000. Price adjusted significantly to meet the market, offering an unparalleled cap rate potential and immediate equity in a premier Florida beach corridor. The Property: This solid block-construction asset has been meticulously upgraded from top to bottom, offering an entirely maintenance-free, turnkey experience for today’s high-end vacationers or an owner-occupant looking to live for free. Unit 1 & 3: Two spacious, bright 2-Bedroom, 1-Bathroom units featuring in-unit washers and dryers (the #1 requested amenity for rental guests). Unit 2: A sleek, high-efficiency studio/1-bath layout, perfect for high-occupancy weekend travelers or an on-site manager’s quarters. Premium Upgrades Include: Brand-new contemporary kitchens with custom modern cabinetry, premium stone countertops, and sleek new appliances. Fully remodeled designer bathrooms featuring stylish tile work and high-end fixtures. Refreshed, ultra-durable coastal interiors built to withstand high-turnover rental use with minimal upkeep. Slab-on-grade block construction on an expansive 5,500+ sq ft lot with ample open parking for guests. The Location Advantage: Situated on the highly coveted East Gulf Blvd corridor, this property offers a rare "best of both worlds" layout. Enjoy 24 feet of direct saltwater canal frontage out your back door, perfect for paddle boarding, kayaking, or catching waterfront views. Turn around and walk exactly one block to the west to put your toes in the Gulf of Mexico. Guests can entirely bypass the car—boutique shopping, local culinary staples, and parks are all within casual walking distance. Versatile Investment Strategies: Pure Cash-Flow Play: Maximize short-term rental yields across all 3 units in a high-demand, year-round tourism sub market. The Coastal Life Hacking Strategy: Live in one unit as your private beach side retreat and let the other two units entirely pay your mortgage. Long-Term Wealth Preservation: Hold a fully renovated multifamily asset in a high-appreciating, land-constrained barrier island market. Sellers are highly motivated and ready to look at clean offers. Don't miss the window on this re-positioned luxury asset—schedule your tour today!

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Multi-Family Active

Price

$ 999,999

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,914

Style

Triplex

Lot Size

0.13

Year Built

1959

Town/City

Indian Rocks Beach

County/Region

Pinellas

MLS | Web ID

TB8459701

Features
General
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air
Utilities Cable Available Electricity Available Electricity Connected Public Sewer Connected Water - Multiple Meters Water Available Water Connected
Roof Other
Appliances Convection Oven Cooktop Dishwasher Dryer Electric Water Heater Microwave Range Refrigerator Washer
Patio/Porch Features Covered Front Porch Patio Porch
Security Features Smoke Detector(s)
Construction Materials Block
Year Built 1959
View Water
Property Subtype Triplex
Tax Year 2024
Ownership Fee Simple
Gross Income 77400
Waterfront Features Canal - Saltwater Intracoastal Waterway
County Pinellas
New Construction true
Property Type Residential Income
Subdivision Name BAHIA VISTA SUB
Garage Y/N false
Status Active
Directions From 275 exit Ulmerton Rd. go West to Gulf Blvd go North to 8th Ave N. to East Gulf Blvd go South to Property on your Left.
High School Seminole High-PN
City INDIAN ROCKS BEACH
Senior Community Y/N false
Number Of Units Total 3
MLS Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Lot Size Units Square Feet
Lot Size Square Feet 5624
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Ozona Elementary-PN
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 13914.38
Middle/Junior High School Seminole Middle-PN
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8459701
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 68
Legal Description BAHIA VISTA SUB LOT 68
Water View Canal Intracoastal Waterway
Water Access Type Canal - Saltwater
Minimum Lease 1-7 Days
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan Solid Surface Counters Solid Wood Cabinets Split Bedroom Stone Counters Thermostat Walk-In Closet(s) Window Treatments
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Storm Window(s) Window Treatments
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Inside Laundry Closet Laundry Room Washer Hookup
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Lighting Private Entrance Private Mailbox Sidewalk
Lot Features Flood Insurance Required FloodZone City Lot
Water Source Public
Lot Size Area 5624
Foundation Details Slab
Number of Buildings 1
Lot Dimensions 32 x 110
Lot Size Acres 0.13
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N true
Number of Separate Electric Meters 2
Road Frontage Type Street Paved
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* Excluded Features
List By
Charles Rutenberg Realty Inc

Broker

bill.lennon@yahoo.com

Email

Affordability Calculator

$7,317
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$1,160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Seminole High-PN High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$999,999 -5.65% Price Down
5/5/2026$1,059,900 -3.65% Price Down
3/12/2026$1,099,999 -2.73% Price Down
2/27/2026$1,130,900 -1.65% Price Down
12/30/2025$1,149,900 Listed Price

Map


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717 E GULF BOULEVARD, Indian Rocks Beach, FL, 33785 is a Multi-Family Home for sale at $999,999 with 2,100 sqft and a lot size of 0.13. 717 E GULF BOULEVARD has 4 bedrooms, 3.0 baths, and was built in 1959. The property's zip code is 33785 which is in Indian Rocks Beach, FL