1214 Bay Pine Blvd

An exceptional investment opportunity awaits with this fully renovated, turnkey triplex in the charming coastal community of Indian Rocks Beach. With zero deferred maintenance, this beautifully updated multi-family property offers the perfect blend of lifestyle and income potential just steps from the beach, the Intracoastal Waterway, and the sparkling waters of the Gulf of Mexico. The property features two well-appointed studio apartments and a spacious 1,100-square-foot main residence with three bedrooms, one bath, private parking, a screened recreation room, and a private patio. Each unit enjoys its own outdoor space, ideal for relaxing in the Florida sunshine and coastal breeze.

Extensive exterior upgrades include a new roof (2023), fresh landscaping, new pavers and driveways, sprinkler system, exterior paint, PVC fencing, patios for each unit, exterior lighting, and parking for 8–10 vehicles. Inside, all three units are fully furnished and showcase new kitchens with updated appliances, counters, and cabinetry, along with new flooring, doors, keyless entry systems, lighting, fans, moldings, and interior paint. Additional improvements include updated AC units (2021), modernized electrical and plumbing systems, and three separate meters for added convenience.

With no short-term rental minimum, zoning flexibility, room for RV or boat storage, and an ideal owner-operator setup—live in one unit while renting the others—this property offers tremendous versatility. Whether you’re seeking strong rental income, a 1031 exchange opportunity, or the ultimate beachside retreat, this prime corner-lot triplex represents a rare chance to invest in one of Florida’s most desirable coastal markets.