122 CORAL AVE
Commercial $ 2,999,999

122 CORAL AVE

Redington Shores, FL 33708

  • 3,319 SqFt
  • 6,534 Lot Size
  • 1951 Year Built
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.
Listed by HOMESTEAD ROAD

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi-Family 5+

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 319 sqft

    Price per Sqft $903

    Subdivision Harbor Shores 2Nd Add

    MLS Listing ID TB8557529

    HOA Y/N No

    Year Built 1951

    Annual Tax Amount $9,530

    Lot Size 6,534 Sqft

    Acres 0.15

    Property Sub-Type Multi-Family 5+

    Source Stellar MLS

  • Location

    State FL

    County Pinellas

    Community Harbor Shores 2Nd Add

    Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores

    Zoning RINC

  • Building

    Lot Description Corner Lot, Flood Insurance Required, FloodZone, Sidewalk, Paved

    Foundation Slab

    Lot Size Range 0 to less than 1/4

    Sewer Public Sewer

    Water Public

    Structure Type Block

    New Construction false

  • Interior

    Heating Central, Electric

    Cooling Central Air, Mini-Split Unit(s)

    Flooring Bamboo, Luxury Vinyl

    Appliance Microwave, Refrigerator

  • Exterior

    Utilities Available Water Connected

    View Y/N No

    Water Access Yes

    Water Access Desc Beach,Gulf/Ocean

    Roof Type Metal

  • Others

    Ownership Fee Simple

    Acceptable Financing Cash, Commercial Financing

    Listing Terms Cash, Commercial Financing

    Special Listing Condition None

    Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8557529

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CONTACT

Devon Walton
Devon Walton

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