122 Coral Avenue, Redington Shores, FL 33708

$2,999,999
3,319
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,999,999
MLS#
TB8557529
Sq. Ft
3,319
Lot Size
6,643
Subtype
Multi-Family 5+
County
Pinellas
Community
No Deed Restriction
Subdivision
Harbor Shores 2nd Add
Region
St Pete/Madeira Bch/N Redington Bch/Shores
Year Built
1951

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

Heating
Central, Electric
Cooling
Central Air, Mini-Split Unit(s)
Roof
Metal
Sewer
Public Sewer
Water
Beach View, Beach Access
Water Access
Yes
Construction
Block
Living Area
3,319

Listing courtesy of HOMESTEAD ROAD. Contact: 651-400-1034

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks