122 Coral Avenue, Redington Shores, FL 33708

$2,999,999
3,319
SqFt

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List Price
$2,999,999
Status
Active
Days on Market
0
MLS#
TB8557529
Property Style
Multi-Family 5+
Year Built
1951
Living Area
3,319
Lot Size
6,643
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Harbor Shores 2nd Add
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

Turn-Key Luxury Coastal Investment | 8-Unit Multi-Family Opportunity!!!Situated less than 450 feet from public beach access, this fully renovated 8-unit multi-family asset is a premier short-term rental opportunity along the Gulf Coast. Zoned Commercial Tourist Facilities (CTF) for approved nightly rentals, the property offers immediate, high-yield passive income. Key Property Upgrades & Features: Comprehensive Renovations: Outfitted with a durable aluminum PVD-plated roof, custom impact-resistant windows, and a fully rewired electrical system with new panels. Upgraded Interiors: Each unit boasts European-style kitchens with quartz countertops and glass backsplashes, paired with modern, spa-inspired bathrooms featuring updated vanities and custom showers. High-Efficiency Comfort: Equipped with Stiebel tankless water heaters, mini-split A/C systems in 7 units, and sustainable Cali bamboo plank flooring. Extensive Exterior Upgrades: Features permeable paver ground coverage, fresh stucco with advanced lathe, and dedicated power already run for a 12-person courtyard hot tub (with ample space to add a pool or full spa). Prime Beachside Location: Includes 8 on-site parking spaces and is located within steps of local dining, shopping, and nightlife. Fully furnished, impeccably maintained, and optimized for short-term rental performance.

Additional Information

Taxes
$9530
Location
Corner Lot, Flood Insurance Required, FloodZone, Sidewalk, Paved
Community Features
No Deed Restriction
Zoning
RINC
Floor
Bamboo, Luxury Vinyl
Appliances
Microwave, Refrigerator
Utilities
Water Connected
Heating
Central, Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block
Roof
Metal
Foundation
Slab
Pool
No Pool
Water Access
Beach, Gulf/Ocean
Flood Zone Code
AE
Parcel ID
31-30-15-36324-000-0730
Legal Description
HARBOR SHORES 2ND ADD LOT 73 and LOT 72

Listing courtesy of HOMESTEAD ROAD. 651-400-1034

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