122 CORAL AVENUE Redington Shores, FL $ 2,999,999
122 CORAL AVENUE
$ 2,999,999
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122 CORAL AVENUE

Redington Shores, FL, 33708
$ 2,999,999
Bedrooms-- Baths-- Sq 3,319

Monthly Estimate*

$ 20,720

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Commercial Property for sale in Redington Shores, FL

for $2,999,999. This 3,319 square foot building was built in 1951 on a lot size of 0.15.

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.

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Commercial Active

Price

$ 2,999,999

Property Type

Commercial

Taxes

$ 9,530

Style

Multi Family (5+)

Lot Size

0.15

Year Built

1951

Town/City

Redington Shores

County/Region

Pinellas

MLS | Web ID

TB8557529

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Mini-Split Unit(s)
Utilities Water Connected
Roof Metal
Appliances Microwave Refrigerator
Zoning RINC
Garage Spaces 0
Construction Materials Block
Year Built 1951
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 31-30-15-36324-000-0720
County Pinellas
New Construction false
Property Type Commercial Sale
Subdivision Name HARBOR SHORES 2ND ADD
Status Active
Directions GULF BLVD TO 17860 GULF BLVD. PARK IN ANY OPEN PARKING SPOT OR USE THE STREET.
City REDINGTON SHORES
Number Of Units Total 8
MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Lot Size Units Square Feet
Lot Size Square Feet 6643
Carport Spaces 0
Listing Terms Cash
Tax Annual Amount 9530.61
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8557529
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 73
Legal Description HARBOR SHORES 2ND ADD LOT 73 and LOT 72
Water Access Type Beach Gulf/Ocean
Water Access Y/N true
Water View Y/N false
Flood Zone Code AE
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Interior
Flooring Bamboo Luxury Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Total Baths 0
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Exterior
Lot Features Corner Lot Flood Insurance Required FloodZone Sidewalk
Water Source Public
Lot Size Area 6643
Foundation Details Slab
Number of Buildings 4
Building Area Total 3763
Lot Size Acres 0.15
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type Street Paved City Street
Number of Lots 2
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* Excluded Features
List By
Homestead Road

Broker

priebeheidi@aol.com

Email

Affordability Calculator

$21,514
Per Month
96%
4%
0%
Monthly Principal & Interest
$20,720
Monthly Property Taxes
$794
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$2,999,999 Listed Price

Map


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122 CORAL AVENUE, Redington Shores, FL, 33708 is a Commercial Property for sale at $2,999,999 with 3,319 sqft and a lot size of 0.15. 122 CORAL AVENUE was built in 1951. The property's zip code is 33708 which is in Redington Shores, FL