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402 161ST AVENUE

House For Sale
$999,000

BTC: 15.60937500

ETH: 572.16494845

-$26K (2026/03/20)
120 days
Waterfront
2 bds
2 ba
1,416 sqft

Overview

Savvy investors take note—this legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income-producing coastal retreat! Welcome to your fully furnished waterfront pool home in Redington Beach, where mid-century modern design meets high-performing short-term rental potential. Whether you're searching for a cash-flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box. Completely remodeled and move-in ready, this 2-bedroom waterfront home is designed for maximum guest appeal and five-star reviews. The open-concept layout features a chef’s kitchen with quartz countertops, white shaker cabinetry, and premium finishes, flowing seamlessly into a bright living space with wall-to-wall sliders showcasing stunning water views—a major booking driver for vacation guests. The primary suite offers an en-suite bathroom and dual closets, creating a private, upscale retreat, while the guest bedroom and bath provide comfort and privacy for additional occupants—ideal for maximizing occupancy and nightly rates. Step outside to your private waterfront oasis, where a sparkling pool, tropical landscaping, and expansive patio create the ultimate Florida vacation experience. The private dock with direct water access is perfect for kayaking, paddleboarding, or fishing—highly desirable amenities that increase rental demand and nightly pricing. Additional highlights include a 550 sq ft oversized garage—perfect for storing beach gear, bikes, and owner storage—with future potential for value-add improvements (subject to local regulations). Located in Redington Beach, a highly sought-after, residential beach community, this property benefits from strong short-term rental demand, limited inventory, and proximity to the Gulf of Mexico. Guests will love the easy beach access via the residents-only parking and walkway, just a short stroll away—another key feature that drives bookings. Turnkey. Waterfront. Income-producing. Opportunities like this—combining lifestyle + ROI—rarely hit the market.

Location

Details

Type:
Residential
Parking:
Boat / Driveway / Off Street / Parking Pad / RV Parking
Year Built:
1953
Lot:
0.20 Acres
Heating:
Central / Heat Pump
Price/sqft:
$706
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$600,000
$395K – $854K
Confidence Low
List vs. estimate
$399K above estimate
List $999,000 · +66.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$705
+14.9% vs. city median $613
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,051
2025
Pool
Fiberglass
View
Water
Waterfront
Gulf/Ocean Front, Canal - Saltwater
Garage
2 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Stone Counters

    • Vaulted Ceiling(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Boat

    • Driveway

    • Off Street

    • Parking Pad

    • RV Parking

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 043115739620010390

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Fire Hydrant

    • Natural Gas Available

    • Sewer Connected

    • Sprinkler Recycled

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,051

  • Source details

    • MLS ID: TB8471642

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Lot Features: Corner Lot / FloodZone

    • Patio And Porch Features: Front Porch / Patio

    • Pool Features: Fiberglass / In Ground

    • Window Features: Shades

    • Direction Faces: Southwest

    • Architectural Style: Florida / Mid-Century Modern / Ranch

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1416

    • Water Source: Public

    • Lot Size Dimensions: 50 x 142

    • Subdivision Name: REDINGTON BEACH HOMES 6TH ADD

Private inquiry
Talk to the advisor on this listing.
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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: ENGEL & VOLKERS MADEIRA BEACH