5 Beds
4 Baths
2,422 SqFt
5 Beds
4 Baths
2,422 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,422 sqft
Price per Sqft $656
Subdivision Indian Beach Re-Revised 16Th Add
MLS Listing ID TB8480813
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1980
Annual Tax Amount $16,587
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 60x131
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
This isn't just a beach house — it's a turnkey income-producing powerhouse on one of Florida's most sought-after barrier islands. With over $200,000 in vacation rental revenue in 2025 and $190,000+ already booked for 2026, the numbers speak for themselves. The demand is real, the returns are exceptional, and the lifestyle is unmatched.
Welcome to 2302 Bay Blvd — a stunning Key West–style pool home just steps from the white sand beaches of Indian Rocks Beach. From the moment you arrive, the tropical energy is undeniable. The ground level opens to your own private resort: a heated PebbleTec pool and illuminated spa, a fully equipped tiki bar, and a 500-square-foot fire pit area — all enclosed within a full privacy fence. This is the kind of outdoor space guests rave about and book again for.
Step inside the main living level and soaring cathedral ceilings, abundant natural light, and a wide-open floor plan immediately set the tone. The gourmet kitchen features stainless steel appliances, a center island, granite countertops, and solid wood cabinetry — ideal for everything from family dinners to catered events. Just off the kitchen, a private deck overlooks the Intracoastal Waterway, offering serene bay views and unforgettable sunsets.
The upper-level primary suite is a true owner's retreat, complete with a beautifully updated private bathroom and water views from both east- and west-facing windows. The main floor offers two additional spacious bedrooms and a full bathroom with a walk-in shower — perfect for guests or family.
Here's where the investment gets even smarter. A lock-out unit seamlessly connects to the main home, featuring 2 bedrooms, 1 bathroom, its own living room, full kitchen, dining area, and a wraparound balcony overlooking the tropical oasis below. Rent it out independently for added income, or open it up to accommodate larger groups. Flexibility like this is what drives top-tier rental performance.
Property Highlights
Proven Revenue: $200K+ gross rental income in 2025; $120K+ already booked for 2026
Prime Location: Steps to Gulf beach access in Indian Rocks Beach — one of the Tampa Bay area's most desirable vacation destinations
Resort-Style Outdoor Living: Heated pool & spa, tiki bar, 500 sq ft fire pit area, full privacy fence
Flexible Layout: Lock-out 2BR/1BA unit can operate as an independent rental or extend the main home to 5BR/4BA
Intracoastal Waterway Views: Deck with bay views from the main living level and primary suite
Parking for 8 Vehicles: 4-car garage with hurricane-rated doors plus 4 additional exterior spaces — a rare and valuable asset in a beach
community
Designer Interiors: Thoughtfully designed with tropical-luxe finishes, plush furnishings, and Instagram-worthy bedroom suites that keep guests coming back
Location
State FL
County Pinellas
Community Indian Beach Re-Revised 16Th Add
Area 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores
Rooms
Other Rooms Den/Library/Office, Storage Rooms
Interior
Interior Features Ceiling Fans(s), High Ceilings
Heating Electric
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type Electric
Furnishings Turnkey
Fireplace true
Appliance Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Fire Pit, Outdoor Shower, Private Entrance, Private Yard
Garage Spaces 4.0
Pool In Ground
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
Water Access No
View Water
Roof Type Shingle
Attached Garage true
Exposure East
Garage true
Private Pool Yes
Building
Story 3
Entry Level Two
Foundation Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Elevated
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8480813
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