SQUARE FEET3,763
MLS#TB8557529
STATUSActive
PROPERTY TYPECommercial - Multiple
SUBDIVISIONHARBOR SHORES 2ND
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.
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Electric
Lot Size: 0.15 Acres
Roof Type: Metal
Taxes: $9,530
Year Built: 1951
Feature Descriptions
Appliances: Microwave, Refrigerator
Days on Site: 4
Directions: GULF BLVD TO 17860 GULF BLVD. PARK IN ANY OPEN PARKING SPOT OR USE THE STREET.
Exterior: Block
Flood Zone Code: AE
Flooring: Bamboo, Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Corner Lot, Flood Insurance Required, FloodZone, Sidewalk, Paved
Lot Dimensions: 0.15
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Listing Agent Must Accompany
Special Sale Provisions: None
Special View Info: Water
Units: 8
Utilities: Water Connected
Water: Public
Water Access: Beach, Gulf/Ocean
Water Access Y/N: Yes
Windows: Storm Window(s)
Zoning: RINC
Listed By / Shown By
Listed By
Agency Name: HOMESTEAD ROAD
Agency Contact: 651-400-1034
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
122 Coral Avenue | MLS# TB8557529
This commercial property located at 122 Coral Avenue , Redington Shores, FL 33708 is currently listed for sale with an asking price of $2,999,999. Search Redington Shores real estate on www.realtymark.net today.