Active

$999,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1416 sq ft
Overview
  • ID: MFRTB8471642
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1416 sq ft
Property Details
Remarks
Savvy investors take note—this legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income-producing coastal retreat! Welcome to your fully furnished waterfront pool home in Redington Beach, where mid-century modern design meets high-performing short-term rental potential. Whether you're searching for a cash-flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box. Completely remodeled and move-in ready, this 2-bedroom waterfront home is designed for maximum guest appeal and five-star reviews. The open-concept layout features a chef’s kitchen with quartz countertops, white shaker cabinetry, and premium finishes, flowing seamlessly into a bright living space with wall-to-wall sliders showcasing stunning water views—a major booking driver for vacation guests. The primary suite offers an en-suite bathroom and dual closets, creating a private, upscale retreat, while the guest bedroom and bath provide comfort and privacy for additional occupants—ideal for maximizing occupancy and nightly rates. Step outside to your private waterfront oasis, where a sparkling pool, tropical landscaping, and expansive patio create the ultimate Florida vacation experience. The private dock with direct water access is perfect for kayaking, paddleboarding, or fishing—highly desirable amenities that increase rental demand and nightly pricing. Additional highlights include a 550 sq ft oversized garage—perfect for storing beach gear, bikes, and owner storage—with future potential for value-add improvements (subject to local regulations). Located in Redington Beach, a highly sought-after, residential beach community, this property benefits from strong short-term rental demand, limited inventory, and proximity to the Gulf of Mexico. Guests will love the easy beach access via the residents-only parking and walkway, just a short stroll away—another key feature that drives bookings. Turnkey. Waterfront. Income-producing. Opportunities like this—combining lifestyle + ROI—rarely hit the market.
Financial Considerations
Price:
$999,000
HOA Fee:
N/A
Tax Amount:
$2051
Price per SqFt:
$705.51
Tax Legal Description:
REDINGTON BEACH HOMES 6TH ADD BLK 1, LOT 39 & RIP RTS
Exterior Features
Lot Size:
8551
Lot Features:
Corner Lot, FloodZone, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Boat, Driveway, Off Street, Parking Pad, RV Access/Parking
Roof:
Other
Pool:
Yes
Pool Features:
Fiberglass, In Ground
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central, Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1953
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
Short-term rentals ARE LEGAL. Buyer / Buyer's Agent to verify additional restrictions, if any, with the City of Redington Beach.
Map
  • Address
    402 161ST AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 800,000
avt
Daniel Dourado
$ 299,900
avt
Daniel Dourado
$ 1,780,000
avt
Daniel Dourado
$ 285,900
avt
Daniel Dourado
$ 429,990
avt
Daniel Dourado
$ 689,900
avt
Daniel Dourado
$ 499,900
avt
Daniel Dourado
$ 549,000
avt
Daniel Dourado
$ 300,000
avt
Daniel Dourado
$ 375,000
avt
Daniel Dourado
$ 828,000