1211 BAY PINE BOULEVARD
About This Property
This single-level coastal home operates as an active short-term rental and comfortably sleeps up to eight guests. Booking history, revenue documentation, and performance records are available. Reviews and additional details are available on VRBO by searching listing number 3343711. All guest reviews to date are five-star, reflecting consistent results and strong guest satisfaction.
The interior offers a bright, open layout with polished terrazzo and new ceramic tile flooring, upgraded lighting, ceiling fans throughout, and all-new doors. The redesigned kitchen features quartz countertops inlayed with shells, custom wood cabinetry with high-end pull-out storage, new stainless steel appliances, and a central island anchoring the main living space. Bathrooms have been updated with modern fixtures. The primary suite includes direct pool access, while two additional bedrooms include a second king bedroom and a bunk room with XL twin bunks, maximizing guest capacity. An inside laundry area adds everyday convenience.
Major system improvements include a 2019 roof, a new elevated HVAC system installed in 2024, a 200-amp electrical panel, updated wiring, and electrical outlets raised approximately two feet for added flood resilience. A new washer and dryer are included. An RV electrical hookup with a dedicated 30-amp circuit is already in place. All renovations were completed with permits and fully closed out. New pool pump, filter, and heater in 2025.
The backyard is designed for low-maintenance coastal living and entertaining, featuring a heated saltwater pool, expansive paver patio, cabana-style bar area, outdoor kitchen components, privacy-enhancing landscaping, vinyl fencing, and multiple seating areas. A circular driveway and additional off-street parking provide space for multiple vehicles, including room for an RV, boat, or golf cart.
The location offers convenient access to both recreation and daily amenities. Gulf beach access is approximately three blocks away. Indian Rocks Beach Nature Preserve, waterpark, tennis, pickleball courts, playgrounds, and local parks are nearby. Clearwater Beach is about 15 to 20 minutes away, Tampa International Airport is approximately 35 to 45 minutes away, and downtown St. Petersburg is roughly 35 to 40 minutes away, depending on traffic.
A passing 4-Point Inspection report is available upon request to assist buyers in obtaining their own insurance quotes; flood insurance is assumable.
This property offers flexibility as a personal beach retreat or a high-performing short-term rental investment with income when not in use. Virtual tour available. Showings by appointment.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Increased |
$860,000
↑ $35K
(4.2%) | |
| Price Increased | |||
| Mar 2, 2026 | Relisted | $825,000 | |
| Relisted | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017