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(386) 960-0076
Stork Real Estate
111 174th Avenue E, Redington Shores, FL 33708
- $550,000
- 1,400
- SqFt
- List Price
- $550,000
- MLS#
- TB8539742
- Type
- Multifamily
- Living Area
- 1,400
- Lot Size
- 5,040
- Subdivision
- Gay Shores
- Year Built
- 1950
Property 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.
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Additional Information
- Community Features
- Street Lights, No Deed Restriction
- Style
- Duplex
- Interior
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
- Appliances
- None
- Exterior Construction
- Block
- Exterior
- Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Sprinkler Metered, Storage
- Roof
- Shingle
- Extra Rooms
- Florida Room, Storage Rooms
- Located Near
- CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped, Paved, Unincorporated
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
- Garage
- Deeded, Driveway
- Floor
- Linoleum
- Heating
- Heat Pump, Space Heater
- Cooling
- Wall/Window Unit(s)
- Pool Type
- No Pool
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE.
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