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122 CORAL AVENUE

Commercial For Sale
$2,999,999

BTC: 36.87314405

ETH: 1,233.55222039

1 days
0 room(s)
3,319 sqft

Overview

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.

Location

Florida • REDINGTON SHORES • 33708 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1951
Lot:
0.15 Acres
Heating:
Central / Electric
Price/sqft:
$904
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$9,530
2025
All facts and features

  • Flooring

    • Bamboo

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Microwave

    • Refrigerator

  • Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 313015363240000730

    • Zoning: RINC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Utility

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,531

  • Source details

    • MLS ID: TB8557529

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

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

    • Window Features: Storm Window(s)

    • Living Area: 3319

    • Water Source: Public

    • Subdivision Name: HARBOR SHORES 2ND ADD

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
381
median $649K
Active
Same city
REDINGTON SHORES
56
median $774K
Active
Same type
Commercial
2
median $2.5M
Active
Similar price
$2.1M – $3.9M
8
median $3.2M
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: HOMESTEAD ROAD