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About this home
2302 Bay Blvd is a 1980-built home in Indian Beach Re-revised 16th Add, Indian Rocks Beach. Inside you'll find 5 bedrooms, 4 bathrooms, and 2,422 square feet of living space. Listed at $1,500,000 (about $619/sqft), 229 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
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
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,500,000
$619 per sq ft
Beds and baths
5 beds, 4 baths
Size
2,422 sq ft
Time on market
229 days
Year built
1980
Monthly payment
About $9,955/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $16,587 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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