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18100 GULF BOULEVARD, REDINGTON SHORES, FL 33708
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$950,000
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Home Details for 18100 GULF BOULEVARD
Price
$950,000
Type
Multi Family
Year Build
1959
Sq. Ft.
1798
Lot Size
0.11
County
Pinellas
Tax
$9,368
MLS®️ Listing#
R4908832
On exitrealty.com
271 days
Property Description
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.
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Listing Courtesy: MIDFIELD REALTY LLC - 561-337-1315
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-04-02 10:55:54
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