2302 Bay Boulevard, Belleair Beach, FL 33785

$1,565,000
5
BD
4
BA
2,422
SqFt

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List Price
$1,565,000
Price Change
▼ $25,000 1785285903
Days on Market
153
MLS#
TB8480813
Bedrooms
5
Full Bathrooms
4
Sq. Ft
2,422
Lot Size
7,850
Subtype
Single Family
County
Pinellas
Community
No Deed Restriction
Subdivision
Indian Beach Re-Revised 16th Add
Year Built
1980

Property Description

A Proven Cash Flow Machine — Steps from the Gulf 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

Additional Information

City
Belleair Beach
Region
Indian Rocks Bch/Belleair Bch/Indian Shores
Zip
33785
Mo Subdivision
Indian Rocks Beach
Neighborhood
Indian Rocks Beach
Subdivision
Indian Beach Re-Revised 16th Add
Area
2422
Community Extras
No Deed Restriction
Garage Spaces
4
Property Description
Two Story
Exterior Construction
Frame
Architectural Style
Elevated
Pool Type
Private
Water View
Yes
Water View
Intracoastal Waterway
Property Style
Single Family
Total Acreage
0 to less than 1/4
Special Sale Provision
None
Garage Description
4 Car Garage
Additional Rooms
Den/Library/Office, Storage Rooms
Minimum Lease
No Minimum
Interior Features
Ceiling Fans(s), High Ceilings
Interior Layout
Ceiling Fans(s), High Ceilings
Flood Zone
AE
Flood Zone
Yes
Financing Available
Cash, Conventional, FHA, VA Loan
Heated Square Feet
2422
Acres
0.18
Stories
3
Exterior Features
Fire Pit, Outdoor Shower, Private Entrance, Private Yard
Private Pool
Yes
Floor Covering
Tile, Wood
Pp Sqft
646.16
Levels
Two
Architectural Style
Elevated
Occupant Type
Tenant
Subtype
Single Family
Roof
Shingle
Property Subtype
Residential
Pool
Yes
View
Water
Sewer
Public Sewer
Water Source
Public
Furnished
Turnkey

Listing courtesy of VINE REAL ESTATE ADVISORS. 813-833-4396

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