$1,100,000
7815 Boca Ciega Drive
St Pete Beach, FL 33706
Listing updated: May 2, 2026 at 3:14 PM ET
Listing courtesy of Engel & Volkers Belleair · Kristin Hallamek · MLS #TB8445637 · Active · 727-461-1000Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
Local Insight
At $1.1M for a 1956 quadruplex in AE flood zone, you're paying a waterfront premium that comes with serious flood insurance costs and elevation requirements—factor in those ongoing expenses before comparing to non-waterfront multifamily elsewhere in the area. The tight 0.14-acre lot means limited expansion potential and tight parking, so this plays better as a hold-and-collect investment than a value-add renovation play. Water access is the draw here, but run the numbers on flood mitigation costs and insurance, because that'll make or break whether the waterfront location actually pencils out versus an inland quadruplex.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history177 days on market
- Status: ActiveNov 7, 2025
- Listed$1,250,000Nov 6, 2025
- Price reduced$1,100,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 177
- Subdivision
- Bayside 4th Add To St Pete Beach
- County
- Pinellas
- Year built
- 1956
- Living area
- 2,032 sq ft
- Price/sq ft
- $541
- Building area
- 2,672 sq ft (Public Records)
- Lot size
- 6,233 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0257H)
- Annual taxes
- $6,287 (2025)
- Parcel #
- 36-31-15-05148-001-0020
- MLS #
- TB8445637
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Interior Details
- Bedrooms
- 6
- Flooring
- Terrazzo
- Interior features
- Eat-in Kitchen, Living Room/Dining Room Combo, Thermostat, Window Treatments
- Laundry
- Laundry Room
Heating & Cooling
- Heating
- Central, None
- Cooling
- Central Air, Wall/Window Unit(s)
Parking
- Parking features
- Driveway, Open
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- 30 Day Minimum, Buyer to confirm all leasing restrictions with City/County.
Exterior & Construction
- Exterior features
- Fence, Sidewalk
- Construction materials
- Block
- Roof
- Other
- Foundation
- Block
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Listing Details
- Listing date
- 2025-11-06
- On market date
- 2025-11-06
- Original list price
- $1,250,000
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-11-07
- Tax legal description
- BAYSIDE 4TH ADD TO ST PETE BEACH BLK 1, LOT 2 & RIP RTS
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take US 19 South to 66t St., Take Pasadena Ave. S over Bridge, go N on Boca Ciega Dr to Units on Right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 2, 2026 at 3:14 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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