18100 GULF BLVD, REDINGTON SHORES, FL, 33708
$950,000
Residential Income
Living Area
1,798 Sqft
Lot Size
4,726 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRR4908832 Year Built: 1959
Construction Materials: Other Cooling: Other
Country: US Exterior Features: Other
Foundation Details: Other Heating: Other
Laundry Features: None Listing Agreement: Exclusive Right To Sell
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Other Roof: Other
Sewer: Other Showing Requirements: Appointment Only
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Other
Water Source: Public
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