$845,000
1037 Apollo Beach Boulevard
Apollo Beach, FL 33572
Listing updated: June 23, 2026 at 10:33 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Under contract-accepting backup offers. Waterfront Income Opportunity – Fully Rented Quadplex Exceptional waterfront quadplex offering immediate cash flow and long-term upside. This well-maintained income property features a desirable unit mix including a spacious 3-bedroom, 2-bath home with garage, two 2-bedroom, 2-bath units, and one 2-bedroom, 1-bath unit. All units are currently rented, providing instant income from day one. The property has seen extensive updates, including a new roof in 2020, new electrical panels (2020/2021), and recent interior remodels across all units, ensuring modern finishes and reduced maintenance for years to come. The exterior was painted in 2025. Situated directly on the water, this property offers strong tenant appeal, premium rental demand, and an attractive lifestyle setting that’s hard to replicate. This quad is located on Apollo Beach Blvd and is close to shopping, dining and interstates, making this a PRIME investment. Ideal for investors seeking a turnkey, waterfront asset with stable returns and solid appreciation potential. Appraisal available at request.
Local Insight
At $195/sqft for a 1986 waterfront quadruplex in an AE flood zone, you're getting decent per-square-foot pricing for water access, but flood insurance costs will be a serious ongoing expense that needs to be factored into your actual carrying costs. The nine-bed layout across four units makes this a potential multi-family income play, though you'll want a thorough inspection given the age and verify that each unit's systems are independently maintained or if major shared components like the roof or foundation are approaching end-of-life. The tight 0.32-acre lot with no HOA is a plus for operational freedom, but confirm parking adequacy and setback compliance for a property this dense on such a small footprint.
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 history101 days on market
- Status: PendingMay 21, 2026
- Listed$895,000Feb 9, 2026
- Price reduced$845,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Pending
- Days on market
- 101
- Subdivision
- Apollo Beach Unit Eight
- County
- Hillsborough
- Year built
- 1986
- Living area
- 4,339 sq ft
- Price/sq ft
- $195
- Lot size
- 13,770 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE
- Garage
- 1 spaces
- Annual taxes
- $12,863 (2025)
- Parcel #
- U-20-31-19-1SL-000255-00010.0
- Zoning
- RMC-9
- MLS #
- TB8474190
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Interior Details
- Bedrooms
- 9
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
- Laundry
- Inside
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Lighting
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Listing Details
- Listing date
- 2026-02-06
- On market date
- 2026-02-09
- Original list price
- $895,000
- MLS area
- 33572 - Apollo Beach / Ruskin
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-21
- Tax legal description
- APOLLO BEACH UNIT EIGHT LOT 10 BLOCK 255
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 Big Bend Rd, Use the left 2 lanes to turn left onto S Tamiami Trl/N U.S. Hwy 41, Drive to Apollo Beach Blvd, Turn right onto Elsberry Rd, Turn left onto Central Blvd, Turn right at the 1st cross street onto Apollo Beach Blvd, Destination will be on the 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 June 23, 2026 at 10:33 AM 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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