This listing offers a one-point lender-paid rate buy down for qualifying buyers. Waterfront Quadplex with Boat Dock - Prime Indian Rocks Beach Opportunity! This rare quadplex offers the ultimate combination of beachside living and Intracoastal boating access. Located in sunny Indian Rocks Beach, this income property features two boat slips, a 12,000LB lift, and davits, perfect for boating enthusiasts, with the beach just steps away. The property includes a spacious top-floor 3-bedroom, 2-bath apartment with inside laundry, two private decks, garaged parking, and stunning open-water views, ideal for rental income or personal use. The ground floor consists of two 2-bedroom, 1-bath units that can connect to create a larger 4-bedroom, 2-bath setup, perfect for families or groups, plus a fully renovated efficiency unit with a market rent of $1,600/month. Recent upgrades POST - HURRICANNE include a new roof, roof deck; interior improvements, such as new electric wiring, new cabinetry and fixtures, new flooring where needed. PERMITTING COMPLETE. This turnkey property comes fully furnished, and the first quarter of '26 a gross income of over $75k just in the first few months of this year. MULTI-FAMILY ZONED WATERFRONT PROPERTY with a good CAP rate and strong future appreciation potential. Steps from the Indian Rocks Public Beach access and popular dining spots like Cocoas Pub and Café de Paris Bakery, it's also a short drive to Tampa International Airport, Downtown St. Petersburg, and Innsbruck Golf Course. Indian Rocks Beach has quickly rebounded after recent storms, attracting snowbirds and tourists with its warm weather, world-class boating, and vibrant beachside charm. Don't miss this exceptional investment opportunity. Contact us for detailed financials or to schedule a private showing. Please do not disturb occupants.
Great investment opportunity on the water in IRB. This waterfront 4-plex has updated units with good income. Two of the units are on leases and the other 2 operate through established online booking site. 2 blocks to the beach and close to local restaurants. 3 of the units have great water views and there is a dock with boat and jet ski lifts. Also an additional slip for extra boat storage. There is an outdoor common area on the water for guests to enjoy morning coffee or afternoon cookouts. Great water with plenty of sea life and activity. Established program with super host status and plenty of reviews. Call to schedule your appointment.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
54 ft.
Lot depth
120 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Pinellas County
APN
06-30-15-42318-000-0300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 14, 2026.
RM-2
Medium Density Multifamily Residential District
The RM-2, medium density three or more units, multifamily residential dwelling district provides for medium density development. The RM-2, medium density multifamily residential district correlates with the residential medium RM category of the countywide plan. Any use which is not specifically identified as a permitted use, accessory use or special exception use is a prohibited use. Prohibited uses shall include, but are not limited to, temporary lodging use of a dwelling.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Planned unit development (pud)
Aug 19, 2025 • Final
Residential remodel/repair/renovation
Perform hurricane repairs including the removal and replacement of insulation, drywall, and cabinet bases. Replace electrical receptacles that were damaged by water, install new baseboards, and paint the areas where drywall was replaced.
Electrical
Remodel
Feb 26, 2025 • Final
Express building
Remove and replace the shingles on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indian Rocks Beach, FL • 33785
Average low and high temperatures (°F)
67
50
71
56
78
61
84
67
88
73
90
77
91
78
91
78
88
75
84
69
79
62
73
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Indian Rocks Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.5 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2311 Bay Blvd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $790,000 and $2,086,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $790K to $2.1M.