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Investment Highlights

  • Waterfront, Dock, 4 Units

Executive Summary

CALLING ALL INVESTORS OR LOCALS WHO AREN'T SCARED TO MAKE $$!! YOU HAVE TO LOOK & WILL SEE THE POTENTIAL!!! Waterfront 4 unit value/add opportunity on the Intra-coastal with dock and flexible redevelopment potential. This is not a turnkey property and that’s exactly where the opportunity lies here! Located on one of the most popular intra-coastal locations in the heart of St. Pete Beach, Boca Ciega Drive offers a rare chance to acquire a waterfront multi-unit asset in a market where inventory continues to tighten and finished properties are priced at a PREMIUM! The existing footprint includes four units configured as two 2 bedroom, 1 bath units (potential) and two 1 bedroom, 1 bath units, providing multiple paths for repositioning depending on your investment strategy. The property sustained hurricane impact and requires renovation, but retains strong structural fundamentals, existing density, and a location that supports long term value and rental demand. Investors will appreciate the flexibility: Restore the 4 unit configuration for maximum income potential, Reconfigure into a duplex or triplex with larger, premium units or create a hybrid use with personal occupancy and rental income. With direct water access and a private dock, future tenants or guests can enjoy boating, kayaking, and sunset views, features that consistently command premium rents in this market. Create equity through execution rather than pay for it upfront!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $163,261 $80.35
Other Income - -
Vacancy Loss - -
Effective Gross Income $163,261 $80.35
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $163,261
Annual Per SF $80.35
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $163,261
Annual Per SF $80.35
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $1,496,561 CAD
Price Per Unit $374,140 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 2,032 SF
Average Occupancy 0%
No. Stories 1
Year Built 1956

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - 380
2+1 2 - 900
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
36-31-15-05148-001-0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$591,957 CAD
  • Listing ID: 40394339

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 7815 Boca Ciega Dr, Saint Pete Beach, FL 33706

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