$2,900,000
Off-Market Date: 12/16/2025122 Coral Avenue Redington Shores, FL 33708
Pending MLS# TB8398480
5 beds 8 baths 3,354 sq ft Multi-family
Details for 122 Coral Avenue
MLS# TB8398480
Description for 122 Coral Avenue, Redington Shores, FL, 33708
Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access, this exceptional property offers an unparalleled opportunity for short-term rental success. Zoned Commercial Tourist Facilities (CTF), it is approved for nightly rentals, making it the perfect choice for an investor looking for passive income along the Gulf Coast Beaches. Property Highlights; Complete Renovation: This property has been meticulously upgraded, including a durable aluminum PVD-plated roof, custom impact-resistant windows, and a full electrical rewire with new panels for optimal safety. Gourmet Kitchens & Spa-Inspired Bathrooms. Each unit features a sleek, European-style kitchen with quartz countertops, glass backsplashes, and premium appliances. The bathrooms have been tastefully updated, new showers, vanities, and modern fixtures. Premium Finishes: No detail has been overlooked, from the Stiebel tankless water heaters and new mini-split AC systems in 7 of the 8 units to the eco-friendly Cali bamboo long plank flooring. Cohesive Aesthetic: Every unit shares a uniform, coastal luxury design with the same exquisite materials, including a newly installed permeable paver system and durable new stucco with advanced lathe for long-lasting results. Outdoor Potential: The property is primed for additional amenities, with power already run underground for a 12-person hot tub in the beautiful central courtyard. There is also ample space to add a pool or spa/hot tub. Ideal Location: Situated within a block of several popular restaurants and bars, this property also features 8 on-site parking spots for added convenience. With its impeccable design, unbeatable location, and turn-key status, this property is a prime opportunity for generating substantial income through short-term rentals. Dont miss out on your chance to own this stunning slice of coastal paradise! (PORTFOLIO PACKAGE AVAILABLE; Property can be purchased with 2116/2114 1st St, Indian Rocks Beach, and/or 2605 Bay Blvd, Indian Rocks Beach)
Listing Information
Property Type: Residential, Multi Family
Status: Pending
Bedrooms: 5
Bathrooms: 8
Lot Size: 0.15 Acres
Square Feet: 3,354 sq ft
Year Built: 1951
Construction: Block
Subdivision: Harbor Shores 2nd Add
Foundation: Slab
Number Of Units Total: 8
County: Pinellas
Additonal Room Information
Laundry: Common Area
Interior Features
Flooring: Bamboo
Doors/Windows: Storm Window(s)
Additional Interior Features: Ceiling Fan(s), Stone Counters, Open Floorplan
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Water Connected
Cooling: Central Air, Ductless, Ceiling Fan(s)
Heating: Electric, Central
Exterior / Lot Features
Parking Description: Golf Cart Garage, Guest, Assigned
Roof: Metal
Additional Exterior/Lot Features: Rain Gutters, Outdoor Shower, Courtyard, Lighting, Balcony, Storage, Patio, Porch, Balcony, Covered, Rear Porch, Front Porch, Corner Lot, Flood Zone
Waterfront Details
Water Front Features: Gulf Access, Beach Access
Community Features
Community Features: Sidewalks
Unit Information
Unit 1 Units Total: 2
Unit 1 Actual Rent: 130
Unit 1 Baths Total: 1
Unit 2 Units Total: 2
Unit 2 Actual Rent: 140
Unit 2 Baths Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 150
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 4 Units Total: 1
Unit 4 Actual Rent: 260
Unit 4 Baths Total: 1
Unit 4 Beds Total: 2
Unit 5 Units Total: 2
Unit 5 Actual Rent: 190
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Driving Directions
Heading North on Gulf Blvd, Turn Left, First Building on the Left.
Financial Considerations
Terms: Cash,Conventional,FHA
Gross Income: 265000
Tax/Property ID: 31-30-15-36324-000-0730
Tax Amount: 12245
Tax Year: 2024
A broker reciprocity listing courtesy: CENTURY 21 BEGGINS
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Sales History & Tax Summary for 122 Coral Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Schools
Schools nearby 122 Coral Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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