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Description
Prime redevelopment opportunity with exceptional upside potential. The property experienced flooding during Hurricane Helene in September 2025; however, remediation was completed immediately following the storm, preserving the site's viability for future use. Situated within a designated flood zone, buyers are encouraged to conduct due diligence with the City of Redington Shores to fully understand redevelopment options and allowable improvements.This parcel presents a compelling value-add scenario-ideal for investors or developers seeking to capitalize on its premium location. The true highlight: the ability to construct a side-by-side 36-foot duplex with water views, unlocking significant income-producing potential. With strong rental demand in the area and limited waterfront inventory, this is a rare chance to build a high-performing asset in a highly desirable coastal market.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Heat Pump, Space Heater
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,580
Year Built: 1950
General Information
Sqft: 1,400
County: Pinellas
Subdivision: GAY SHORES
Listed By:
Jenny Schmidt
SMITH & ASSOCIATES REAL ESTATE
727-342-3800
MLS ID: TB8539742
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Window Treatments
Outdoor Shower
Private Entrance
Private Yard
Rain Gutters
Sprinkler Metered
Storage
Property Features
Additional Rooms: Florida Room, Storage Rooms
Annual Net Income: 0.00
Appliances: None
Community Features: Street Lights
Directions: Head West on Park Blvd and merge onto Gulf Blvd heading South towards Redington Shores. Ă‚Â Head south on Gulf for approximately 1 mile. Turn left onto 174 Ave E. Property is on Right after the Dunkin' Donuts parking lot.
Exterior: Block
Flood Zone Code: AE
Flooring: Linoleum
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Trade
Lot: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped, Paved, Unincorporated
Lot Dimensions: 0.11
Other Equipment: Irrigation Equipment, Private Entrance, Private Yard
Other Structures: Other, Shed(s), Storage
Ownership: Fee Simple
Parking: Deeded, Driveway
Parking Notes: Deeded, Driveway
Patio/Porch: Covered, Enclosed, Rear Porch, Screened
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Fire Alarm, Security Lights, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing, Call Listing Agent, Listing Agent Must Accompany, Lockbox - Other
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds, Double Pane Windows, Insulated Windows, Shades, Storm Window(s), Tinted Windows, Window Treatments
Zoning: A
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Contact an agent to learn more about
111 174th Avenue E, Redington Shores, FL 33708.
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Estimated Payment
$ 2,397.14 per month $1,855.06 Principal & Interest $381.67 Property Tax $160.42 Homeowner's Insurance