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122 CORAL AVENUE

Multi-family Active With Contract
$2,900,000

BTC: 32.40223464

ETH: 986.39455782

177 days
5 bds
3,354 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access, this exceptional property offers an unparalleled opportunity for short-term rental success. Zoned Commercial Tourist Facilities (CTF), it is approved for nightly rentals, making it the perfect choice for an investor looking for passive income along the Gulf Coast Beaches. Property Highlights; Complete Renovation: This property has been meticulously upgraded, including a durable aluminum PVD-plated roof, custom impact-resistant windows, and a full electrical rewire with new panels for optimal safety. Gourmet Kitchens & Spa-Inspired Bathrooms. Each unit features a sleek, European-style kitchen with quartz countertops, glass backsplashes, and premium appliances. The bathrooms have been tastefully updated, new showers, vanities, and modern fixtures. Premium Finishes: No detail has been overlooked, from the Stiebel tankless water heaters and new mini-split AC systems in 7 of the 8 units to the eco-friendly Cali bamboo long plank flooring. Cohesive Aesthetic: Every unit shares a uniform, coastal luxury design with the same exquisite materials, including a newly installed permeable paver system and durable new stucco with advanced lathe for long-lasting results. Outdoor Potential: The property is primed for additional amenities, with power already run underground for a 12-person hot tub in the beautiful central courtyard. There is also ample space to add a pool or spa/hot tub. Ideal Location: Situated within a block of several popular restaurants and bars, this property also features 8 on-site parking spots for added convenience. With its impeccable design, unbeatable location, and turn-key status, this property is a prime opportunity for generating substantial income through short-term rentals. Dont miss out on your chance to own this stunning slice of coastal paradise! (PORTFOLIO PACKAGE AVAILABLE; Property can be purchased with 2116/2114 1st St, Indian Rocks Beach, and/or 2605 Bay Blvd, Indian Rocks Beach)

Location

Facts and features

Type:
Residential Income
Parking:
Assigned / Golf Cart Parking / Guest
Year Built:
1951
Lot:
0.15 Acres
Heating:
Central / Electric
Price/sqft:
$865
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Bamboo

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Assigned

    • Golf Cart Parking

    • Guest

    Property

    • Exterior Features: Balcony / Courtyard / Lighting / Outdoor Shower / Rain Gutters / Sidewalk / Storage

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 313015363240000730

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $12,245

  • Source details

    • MLS ID: TB8398480

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone / Sidewalk

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch / Rear Porch

    • Window Features: Storm Window(s)

    • Living Area: 3354

    • Water Source: Public

    • Subdivision Name: HARBOR SHORES 2ND ADD

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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: CENTURY 21 BEGGINS