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18100 Gulf Blvd

Redington Shores FL 33708

1798 sq. ft.
4726 sq. ft.
Duplex
Currently for sale - view listing

Overview

The property located at 18100 Gulf Blvd in Redington Shores, FL, is a 4-unit vacation rental situated in a highly desirable area just steps from the beach. This prime Gulf Coast location offers significant potential for both short-term and long-term rental income, making it an attractive opportunity for investors. The property was impacted by Hurricane Milton, resulting in varying degrees of damage across the units. One unit on the second level remains in good condition, requiring minimal repairs and suitable for immediate occupancy or rental, while the remaining three units will need renovations to restore them to rentable condition. The property is being sold as-is, presenting an excellent value-add opportunity for buyers looking to increase equity and income potential through renovations. Zoned for short-term rentals, this property is positioned to capitalize on the high demand for vacation accommodations in Redington Shores. With its proximity to the beach, strong rental market, and competitive pricing, this property offers immediate income potential from the second-level unit while providing the opportunity to significantly enhance overall value through improvements. For an investor seeking a well-located project with substantial upside, 18100 Gulf Blvd is an exceptional opportunity.

Features

1798 sq. ft. floor area
4726 sq. ft. lot size
Duplex

Property history for 18100 Gulf Blvd

2017
Sold
$670,000
05 Dec 2017
2014
Sold
$290,000
14 Mar 2014 by Frank Ambrosio, of BHHS FLORIDA PROPERTIES
2013
Sold
$350,000
09 Apr 2013 by Joseph Santolucito, of KLEIN & HEUCHAN, INC

Happy sellers in Redington Shores

75%
75% of sellers in Redington Shores reported that their sale price either exceeded or met their price expectations.

Redington Shores stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Redington Shores over the last 12 months.

Local market activity for duplexes in Redington Shores

In the last 12 months, 4 duplexes similar to 18100 Gulf Blvd, have been sold.

This represents a 67% increase in duplexes sales when compared to the previous 12 months.

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