Description
"17800 Gulf Blvd is a rare investment opportunity located on a highly visible corner lot in the vibrant waterfront town of Redington Shores, Florida. Just steps from the Gulf of Mexico, this 12-unit multifamily property offers a blend of immediate income, value-add upside, and redevelopment potential in one of Florida's most desirable beach markets. In 2025, 8 of the 12 units were renovated, creating clean and appealing living spaces. 8 units are currently occupied, generating strong in-place cash flow. The remaining 4 units are offered as-is, having sustained damage from a previous hurricaneperfect for investors seeking to add value through strategic renovations. The property was previously listed on Booking.com, highlighting its history as a short-term rental destination. With the right repositioning, there's potential to reintroduce the property into the short-term rental market, pending local regulations and approvals."
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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4,706SQFT
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$404$/SQFT
School Ratings & Info
Description
"17800 Gulf Blvd is a rare investment opportunity located on a highly visible corner lot in the vibrant waterfront town of Redington Shores, Florida. Just steps from the Gulf of Mexico, this 12-unit multifamily property offers a blend of immediate income, value-add upside, and redevelopment potential in one of Florida's most desirable beach markets. In 2025, 8 of the 12 units were renovated, creating clean and appealing living spaces. 8 units are currently occupied, generating strong in-place cash flow. The remaining 4 units are offered as-is, having sustained damage from a previous hurricaneperfect for investors seeking to add value through strategic renovations. The property was previously listed on Booking.com, highlighting its history as a short-term rental destination. With the right repositioning, there's potential to reintroduce the property into the short-term rental market, pending local regulations and approvals."
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