17688 Gulf Boulevard

Redington Shores FL 33708

4530 sq. ft.

6720 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Welcome to The Sandcastle! FANTASTIC Location 300 feet to Redington Beach Access! This well maintained building has 8 units all currently being rented as Annual Rentals, however 30 Day Rentals Are allowed and can produce as much as $380k annually according to the rental proforma provided by a reputable, local property management company. the proforma is available upon request. The building consist of 1 two bedroom, 6 one bedroom and 1 studio. All units were renovated in 2015 to include: new kitchens, honed (polished) Terrazzo floors for the 1 bedroom units and new flooring for 2 bedroom units and studio. All windows were updated in 2015 with premium hurricane Miami/Dade rated Vinyl impact windows, offering low E and sound deadening characteristics. Newer, brick pavers offer charm throughout the exterior grounds. 10 parking spaces, 8 assigned, 2 guest. All units fully furnished and read for sale. Before the current owner converted the units to annual rentals, this property produced great income! 2021 and 2022 the property was rented annually and grossed $137k annually, a new owner could easily gross close to $300k reverting back to operating as seasonal furnished rentals. There are 10 parking spaces, 8 assigned, 2 guest. SHORT TERM RENTAL PROFORMA AVAILABLE UPON REQUEST.