REDINGTON SHORES, FL 33708 122 CORAL AVENUE

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Presented By: CENTURY 21 BEGGINS with 800-541-9923. - 800-541-9923
  • MLS# TB8398480
  • 06/18/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 5
  • Baths • 8
  • SQFT • 3,354

Home Details

Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access, this exceptional property offers an unparalleled opportunity for short-term rental success. Zoned Commercial Tourist Facilities (CTF), it is approved for nightly rentals, making it the perfect choice for an investor looking for passive income along the Gulf Coast Beaches. Property Highlights; Complete Renovation: This property has been meticulously upgraded, including a durable aluminum PVD-plated roof, custom impact-resistant windows, and a full electrical rewire with new panels for optimal safety. Gourmet Kitchens & Spa-Inspired Bathrooms. Each unit features a sleek, European-style kitchen with quartz countertops, glass backsplashes, and premium appliances. The bathrooms have been tastefully updated, new showers, vanities, and modern fixtures. Premium Finishes: No detail has been overlooked, from the Stiebel tankless water heaters and new mini-split AC systems in 7 of the 8 units to the eco-friendly Cali bamboo long plank flooring. Cohesive Aesthetic: Every unit shares a uniform, coastal luxury design with the same exquisite materials, including a newly installed permeable paver system and durable new stucco with advanced lathe for long-lasting results. Outdoor Potential: The property is primed for additional amenities, with power already run underground for a 12-person hot tub in the beautiful central courtyard. There is also ample space to add a pool or spa/hot tub. Ideal Location: Situated within a block of several popular restaurants and bars, this property also features 8 on-site parking spots for added convenience. With its impeccable design, unbeatable location, and turn-key status, this property is a prime opportunity for generating substantial income through short-term rentals. Dont miss out on your chance to own this stunning slice of coastal paradise! (PORTFOLIO PACKAGE AVAILABLE; Property can be purchased with 2116/2114 1st St, Indian Rocks Beach, and/or 2605 Bay Blvd, Indian Rocks Beach)
Presented By: CENTURY 21 BEGGINS with 800-541-9923. - 800-541-9923

Interior Features for 122 CORAL AVENUE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringBamboo
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Open Floorplan, Stone Counters
Laundry FeaturesCommon Area
Window FeaturesStorm Window(s)

General for 122 CORAL AVENUE

Additional Parcels Description31-30-15-36324-000-0720
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Carport Y/NNo
CityREDINGTON SHORES
Construction MaterialsBlock
CoolingCentral Air, Mini-Split Unit(s)
CountyPinellas
DirectionsHeading North on Gulf Blvd, Turn Left, First Building on the Left.
Flood Zone CodeAE
Garage Y/NNo
Gross Income265000
HeatingCentral, Electric
Land Lease Y/NNo
Legal DescriptionHARBOR SHORES 2ND ADD LOT 73
Listing TermsCash, Conventional, FHA
Living Area UnitsSquare Feet
Lot Size Square Feet6643
Lot Size UnitsSquare Feet
MLS Area33708 - St Pete/Madeira Bch/N Redington Bch/Shores
New ConstructionNo
Number Of Units Total8
OwnershipFee Simple
Patio/Porch FeaturesCovered, Front Porch, Patio, Porch, Rear Porch
Property SubtypeMulti Family
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameHARBOR SHORES 2ND ADD
Tax Annual Amount12245
Tax Lot73
Tax Year2024
UtilitiesCable Connected, Electricity Connected, Water Connected
Virtual TourClick here
Water Access TypeBeach, Gulf/Ocean
Water Access Y/NYes
Water View Y/NNo
Year Built1951

Exterior for 122 CORAL AVENUE

Exterior AmenitiesBalcony, Courtyard, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage
Foundation DetailsSlab
Lot FeaturesCorner Lot, Flood Insurance Required, FloodZone, Sidewalk
Lot Size Acres0.15
Lot Size Area6643
Number of Buildings3
Number of Lots2
Parking FeaturesAssigned, Golf Cart Parking, Guest
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $2,900,000
MLS#TB8398480
List Date 06/18/2025
Property Type Income
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