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$2,999,999

122 CORAL AVENUE, REDINGTON SHORES, FL 33708

3D Tour
Active0 days on market

Beds

—

Baths

0

Sq Ft

3,319 sq ft

Year Built

1951

Lot Size

0.15 acres

Garage

0

About This Property

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 Overview

Property TypeCommercial Sale
Sub TypeMulti Family (5+)
MLS #TB8557529
StatusActive
Year Built1951
ConstructionBlock
RoofMetal
FoundationSlab
SubdivisionHARBOR SHORES 2ND ADD
CountyPinellas
OwnershipFee Simple

Interior Features

FlooringBamboo, Luxury Vinyl
AppliancesMicrowave, Refrigerator
WindowsStorm Window(s)
CoolingCentral Air, Mini-Split Unit(s)
HeatingCentral, Electric

Exterior & Lot

Lot Size0.15 acres (6,643 sq ft)
Lot FeaturesCorner Lot, Flood Insurance Required, FloodZone, Sidewalk
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesWater Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$2,999,999
Annual Taxes$9,531 (2025)
FinancingCash
ZoningRINC
Parcel #313015363240000730

Directions

GULF BLVD TO 17860 GULF BLVD. PARK IN ANY OPEN PARKING SPOT OR USE THE STREET.

Location

122 CORAL AVENUE, REDINGTON SHORES, FL 33708

Listing Information

OfficeHOMESTEAD ROAD
ListedOctober 14, 2026

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Home Price

$2,999,999

20% ($600,000)
6.75%

Loan Term

Principal & Interest$15,566
Property Tax (est.)$2,750
Insurance (est.)$150
Total Monthly$18,466
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 14, 2026.

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