$950,000
18100 GULF BOULEVARD
REDINGTON SHORES, FL, 33708
The property located at 18100 Gulf Blvd in Redington Shores, FL, is a 4-unit vacation rental situated in a highly desirable area just steps from the beach. This prime Gulf Coast location offers significant potential for both short-term and long-term rental income, making it an attractive opportunity for investors. The property was impacted by Hurricane Milton, resulting in varying degrees of damage across the units. One unit on the second level remains in good condition, requiring minimal repairs and suitable for immediate occupancy or rental, while the remaining three units will need renovations to restore them to rentable condition.
The property is being sold as-is, presenting an excellent value-add opportunity for buyers looking to increase equity and income potential through renovations. Zoned for short-term rentals, this property is positioned to capitalize on the high demand for vacation accommodations in Redington Shores. With its proximity to the beach, strong rental market, and competitive pricing, this property offers immediate income potential from the second-level unit while providing the opportunity to significantly enhance overall value through improvements. For an investor seeking a well-located project with substantial upside, 18100 Gulf Blvd is an exceptional opportunity.
The property is being sold as-is, presenting an excellent value-add opportunity for buyers looking to increase equity and income potential through renovations. Zoned for short-term rentals, this property is positioned to capitalize on the high demand for vacation accommodations in Redington Shores. With its proximity to the beach, strong rental market, and competitive pricing, this property offers immediate income potential from the second-level unit while providing the opportunity to significantly enhance overall value through improvements. For an investor seeking a well-located project with substantial upside, 18100 Gulf Blvd is an exceptional opportunity.
Property Details
Price:
$950,000
MLS #:
R4908832
Status:
Active
Beds:
0
Baths:
0
Address:
18100 GULF BOULEVARD
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SURFSIDE CABANA CLUB REV
Neighborhood:
33708 – St Pete/Madeira Bch/N Redington Bch/Shores
City:
REDINGTON SHORES
Listed Date:
Feb 4, 2025
State:
FL
Finished Sq Ft:
1,798
ZIP:
33708
Lot Size:
4,726 sqft / 0.11 acres (approx)
Year Built:
1959
Units:
4
Schools
Interior
Cooling
Other
Heating
Other
Laundry Features
None
Exterior
Construction Materials
Other
Exterior Features
Other
Roof
Other
Financial
Tax Year
2024
Taxes
$9,368
Mortgage Calculator
Map
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18100 GULF BOULEVARD
REDINGTON SHORES, FL
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