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"17800 Gulf Blvd is a rare investment opportunity located on a highly visible corner lot in the vibrant waterfront town of Redington Shores, Florida. Just steps from the Gulf of Mexico, this 12-unit multifamily property offers a blend of immediate income, value-add upside, and redevelopment potential in one of Florida's most desirable beach markets. In 2025, 8 of the 12 units were renovated, creating clean and appealing living spaces. 8 units are currently occupied, generating strong in-place cash flow. The remaining 4 units are offered as-is, having sustained damage from a previous hurricane"”perfect for investors seeking to add value through strategic renovations. The property was previously listed on Booking.com, highlighting its history as a short-term rental destination. With the right repositioning, there's potential to reintroduce the property into the short-term rental market, pending local regulations and approvals."
| DAYS ON MARKET | 1 | LAST UPDATED | 4/4/2025 |
|---|---|---|---|
| TRACT | HARBOR SHORES 2ND ADD | YEAR BUILT | 1952 |
| COMMUNITY | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
| CONSTRUCTION | Other |
| LOT | 9583 sq ft |
| SUBDIVISION | HARBOR SHORES 2ND ADD |
| TAXES | 12761 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Menachem Dalfin, MIDFIELD REALTY LLC
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/5/25 5:07 AM PDT.
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