N/A SQ FT

Year 1951

N/A ROOMS

0.15 ACRES

5 BEDS

/ BATHS

N/A CAR(S)

TB8398480

REDINGTON SHORES Property for Sale

122 CORAL AVENUE, REDINGTON SHORES FL 33708

Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access, this exceptional property offers an unparalleled opportunity for short-term rental success. Zoned Commercial Tourist Facilities (CTF), it is approved for nightly rentals, making it the perfect choice for an investor looking for passive income along the Gulf Coast Beaches. Property Highlights; Complete Renovation: This property has been meticulously upgraded, including a durable aluminum PVD-plated roof, custom impact-resistant windows, and a full electrical rewire with new panels for optimal safety. Gourmet Kitchens & Spa-Inspired Bathrooms. Each unit features a sleek, European-style kitchen with quartz countertops, glass backsplashes, and premium appliances. The bathrooms have been tastefully updated, new showers, vanities, and modern fixtures. Premium Finishes: No detail has been overlooked, from the Stiebel tankless water heaters and new mini-split AC systems in 7 of the 8 units to the eco-friendly Cali bamboo long plank flooring. Cohesive Aesthetic: Every unit shares a uniform, coastal luxury design with the same exquisite materials, including a newly installed permeable paver system and durable new stucco with advanced lathe for long-lasting results. Outdoor Potential: The property is primed for additional amenities, with power already run underground for a 12-person hot tub in the beautiful central courtyard. There is also ample space to add a pool or spa/hot tub. Ideal Location: Situated within a block of several popular restaurants and bars, this property also features 8 on-site parking spots for added convenience. With its impeccable design, unbeatable location, and turn-key status, this property is a prime opportunity for generating substantial income through short-term rentals. Dont miss out on your chance to own this stunning slice of coastal paradise! (PORTFOLIO PACKAGE AVAILABLE; Property can be purchased with 2116/2114 1st St, Indian Rocks Beach, and/or 2605 Bay Blvd, Indian Rocks Beach)

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Amenities & Features

Listing Details

Price

$2,900,000

Year Built

1951

SQ FT

N/A

Levels

Lot Size

0.15 ACRES

Tax Key

313015363240000730

TaxYear

2024

Property Taxes

$12,245

Exclusions

N/A

Property Type

Multi Family (5+)

Property Status

Closed

MLS#

TB8398480

Interior Features

Included Appliances

Interior Features

Ceiling Fan(s)

Open Floorplan

Stone Counters

Exterior Features

Architectural Style

Construction Materials

Block

Lot Features

Corner Lot, Flood Insurance Required, FloodZone

Parking Features

Assigned, Golf Cart Parking, Guest

Exterior Features

Balcony,Courtyard,Lighting,Outdoor Shower,Rain Gutters,Sidewalk,Storage,,,,

Other Structures

,,,,,,,,,,

Balcony

Courtyard

Lighting

Outdoor Shower

Rain Gutters

Sidewalk

Storage

Waterfront Features

Heating & Cooling

Heating

Central

Electric

Cooling

Central Air

Mini-Split Unit(s)

Utilities

Cable Connected

Electricity Connected

Water Connected

Water Source

Public

Data Source

Propert ID: TB8398480
Source: Stellar MLS All Rights Reserved.

Photos, Videos & Tours

Sold

$2,900,000

122 Coral Avenue, Redington Shores FL 33708

Listed by CENTURY 21 BEGGINS

REDINGTON SHORES

About Redington Shores

FOUNDER | CEO

Suzanne Powers

Naples Boutique Broker®

239.682.7476

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

Request a Showing for

122 CORAL AVENUE

$2,900,000

We would love to show you this beautiful property. Please select your preferred showing date and time below. An agent from Powers Realty will be in touch shortly to confirm your appointment.

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