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118 175TH TERRACE DRIVE E

Multi-family Recently Sold
$850,000

BTC: 10.80737444

ETH: 335.90199565

Sold on: 2022-01-31
54 days
0 room(s)
1,584 sqft

Overview

INCOME OPPORTUNITY – 2 homes under 1 roof just STEPS to the bluegreen waters of the Gulf of Mexico! Live the island life at this stunning, paradise home close to the sugar sand shoreline of Redington Beach! This raised, mod-coastal home sits on a beautiful lot with expansive sun patios, lush tropical foliage, and dual pavered driveways boasting two incredible oversized garages fitting six cars plus space for a workshop and bonus storage for all of your beach toys and Florida gear! A central staircase, modern cable railing, and beautiful contemporary lighting lead you from the ground level to magnificent composite decking with views of the Gulf of Mexico just beyond the site of the old Redington Long Pier! From this covered front porch, enter into a luxurious open concept space with vaulted ceilings, lots of natural light, fresh paint and neutral tile flooring throughout. A large kitchen boasts a stainless steel dishwasher and range as well as a breakfast bar overlooking the formal dining space. From the hall, take your pick of two nice bedrooms, each with window views over the back yard retreat and ample closet space. A large convenient hall bath offers a tiled shower and enough room for you to put in an oversized double vanity. The second unit has the exact mirror layout of this home, providing you with a total of 4 bedrooms and 2 baths between the two homes, as well as the potential for a townhome conversion opportunity with proposed floorplan designs already drawn up to include a roof top deck as well as an upstairs expansion of two additional master suites and 3rd floor views you can only imagine! Two back yard retreats are made private with ornate botanicals, palms & plumerias lining the pavered patios which each feature ample room for outdoor living and dining as well as a built in fire pit. The options are endless here - host a magical outdoor dinner bathed in the enchanting blue resort style lighting on the patio, spend breakfast on the covered porch with your favorite someone, watching the waves from your personal haven just across Gulf Blvd and listening to the chatter of the resident green parrots, or soak up the sunset with a walk over to the nearby park to watch the dolphins play. Both unit are on separate meters, You can live in one home and rent the other, rent both, or look into the possibility of turning them into townhomes and selling them as individual units! Enjoy peace of mind with newer A/C units (2017 and 2021), New roof to be installed December 2021, and an Excellent School Zone! Located near some of the best local restaurants and close to the beach trolly stop for relaxing rides to the John’s Pass boardwalk for shopping and loads of fun at Hubbards Marina!

Location

Details

Type:
Residential Income
Parking:
Oversized / Under Building
Year Built:
1986
Lot:
0.12 Acres
Heating:
Central
Price/sqft:
$552
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$412,450
$236K – $793K
Confidence Low
List vs. estimate
$462K above estimate
List $875,000 · +112.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$552
+40.6% vs. city median $392
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,160
2020
View
Water
Garage
6 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • Vaulted Ceiling(s)

  • Parking

    • Oversized

    • Under Building

    Property

    • Levels: Two

    • Exterior Features: Balcony / Fenced / Hurricane Shutters / Lighting / Other

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 323015304380040160

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $6,160

  • Source details

    • MLS ID: U8134224

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Stilt/On Piling

    • Laundry Features: In Garage

    • Lot Features: City Lot

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

    • Garage Spaces: 6

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1584

    • Water Source: Public

    • Lot Size Dimensions: 64 x 84

    • Subdivision Name: GAY SHORES

Private inquiry
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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: ASSET MANAGEMENT REAL ESTATE