Waterfront & Dock

Value-Add Opportunity

Multiple Exit Strategies

Rendering of Potential Remodel

Strategy Options

Restore 4-Plex 

•Maintain full density
• Maximize rental income potential
•Ideal for short-term or mixed-use rental strategy

Reconfigure (Duplex/Triplex)

•Larger, premium units
•Higher per-unit rentals
•Ideal for short-term or mixed-use rental strategy

Hybrid Use (Live + Rent)

•Owner-occupy one unit
•Offset costs with rental income 
•Lifestyle + investment blend

A rare 4-unit waterfront multifamily property in the heart of St. Pete Beach, Florida.

Located just minutes from downtown St. Petersburg, this investment property offers exceptional income potential in one of Tampa Bay’s most desirable coastal markets.


The property features two spacious 2-bedroom, 1-bath units (potential) and two 1-bedroom, 1-bath units, offering flexible options for long-term rentals, short-term vacation rentals, or a boutique coastal income property. With direct access to Boca Ciega Bay and a private dock, future tenants or guests can enjoy boating, kayaking, fishing, and stunning Florida sunsets — lifestyle features that support premium rental rates.


While the property experienced hurricane impact, it presents a value-add investment opportunity with strong bones, a prime waterfront location, and significant upside potential. Investors, builders, and developers will recognize the opportunity to renovate, reposition, and maximize returns in a growing St. Pete Beach real estate market with limited waterfront inventory.


Whether you're seeking a multifamily investment property, short-term rental opportunity, or waterfront redevelopment project, 7815 Boca Ciega Drive offers location, income potential, and long-term appreciation in one of Florida’s most sought-after coastal communities.


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OUR ADVISOR

Kristin Hallamek
Kristin Hallamek

Broker Associate License ID: BK3141669

Michele Strong
Michele Strong

Real Estate Advisor License ID: SL3079413