$2,999,999
( $797.24Per Sq Foot )
 $16,105 est/mo Sourced by Back At You

122 Coral Ave,REDINGTON SHORES, FL 33708

REDINGTON SHORES, FL 33708

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Description

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.

Details

MLS #TB8557529
Listing TypeFor Sale
StyleMulti-family 5+
Sub-TypeFor-sale
StatusActive
Year1951
Days On Site21
Listing Provided ByHOMESTEAD ROAD | Heidi Priebe

Features

SQ Feet3,319
Units8
ZoningRINC
Acreage0.15

Taxes

Property9530

Area Information

StateFL
CountyPinellas
CityREDINGTON SHORES
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NameHARBOR SHORES 2ND ADD
Listing VS Median (in HARBOR SHORES 2ND ADD)
Price:
$2,999,999
low | high
Med:
$7,300
100% of Average
sqft:
3,319
low | high
Med:
2,128
85.884302500753% of Average
$ / sqft:
$904
low | high
Med:
$3
100% of Average
On site:
21
low | high
Med:
101
20.792079207921% of Average
Sourced by Back At You

Market Activity 33708

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of November 4, 2026 at 8:00:44 PM PST 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityREDINGTON SHORES
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NameHARBOR SHORES 2ND ADD
Listing VS Median (in HARBOR SHORES 2ND ADD)
Price:
$2,999,999
low | high
Med:
$7,300
100% of Average
sqft:
3,319
low | high
Med:
2,128
85.884302500753% of Average
$ / sqft:
$904
low | high
Med:
$3
100% of Average
On site:
21
low | high
Med:
101
20.792079207921% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.249M - $3.749M
sqft: 2,000 - 4,000
Listing Updated: October 14, 2026 at 4:42:15 PM PDT