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111 174TH AVENUE E

Multi-family For Sale
$550,000

BTC: 7.06804601

ETH: 229.16666667

4 days
0 room(s)
1,400 sqft

Overview

Prime redevelopment opportunity with exceptional upside potential. The property experienced flooding during Hurricane Helene in September 2025; however, remediation was completed immediately following the storm, preserving the site’s viability for future use. Situated within a designated flood zone, buyers are encouraged to conduct due diligence with the City of Redington Shores to fully understand redevelopment options and allowable improvements. This parcel presents a compelling value-add scenario—ideal for investors or developers seeking to capitalize on its premium location. The true highlight: the ability to construct a side-by-side 36-foot duplex with water views, unlocking significant income-producing potential. With strong rental demand in the area and limited waterfront inventory, this is a rare chance to build a high-performing asset in a highly desirable coastal market.

Location

Florida • REDINGTON SHORES • 33708 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
Deeded / Driveway
Year Built:
1950
Lot:
0.11 Acres
Heating:
Heat Pump / Space Heater
Price/sqft:
$393
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$499,900
$261K – $659K
Confidence Low
List vs. estimate
$50K above estimate
List $550,000 · +10.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$392
+0.0% vs. city median $392
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,580
2025
Pets
Allowed
All facts and features

  • Flooring

    • Linoleum

    Heating

    • Heat Pump

    • Space Heater

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • None

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Window Treatments

  • Parking

    • Deeded

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Outdoor Shower / Private Entrance / Private Yard / Rain Gutters / Sprinkler Metered / Storage

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 323015304380010080

    • Zoning: A

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Fiber Optics

    • Phone Available

    • Public

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,581

  • Source details

    • MLS ID: TB8539742

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Lot Features: CoastalConstruction Control Line / Flood Insurance Required / FloodZone / Landscaped / Unincorporated

    • Patio And Porch Features: Covered / Enclosed / Rear Porch / Screened

    • Window Features: Blinds / Double Pane Windows / Insulated Windows / Shades / Storm Window(s) / Tinted Windows / Window Treatments

    • Other Structures: Other / Shed(s) / Storage

    • Living Area: 1400

    • Water Source: Public

    • Lot Size Dimensions: 60 x 84

    • Subdivision Name: GAY SHORES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33708
385
median $639K
Active
Same city
REDINGTON SHORES
59
median $675K
Active
Same type
Multi-family
3
median $875K
Active
Similar price
$385K – $715K
25
median $599K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SMITH & ASSOCIATES REAL ESTATE