Active

$550,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1400 sq ft
Overview
  • ID: MFRTB8539742
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1400 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$550,000
HOA Fee:
N/A
Tax Amount:
$4580.85
Price per SqFt:
$392.86
Tax Legal Description:
GAY SHORES BLK 1, LOT 8 & PT INTEREST 3 FT STRIP TO GULF AS DESC IN DEED 1437/127 (SEE MAP SE 31-30-15)
Exterior Features
Lot Size:
5040
Lot Features:
CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped, Paved, Unincorporated
Waterfront:
No
Parking Spaces:
N/A
Parking:
Deeded, Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Heat Pump, Space Heater
Cooling:
Wall/Window Unit(s)
Appliances:
None
Furnished:
Yes
Floor:
Linoleum
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1950
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Sprinkler Metered, Storage
Additional Features 2:
N/A
Map
  • Address
    111 174TH AVE E
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