"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 hurricaneperfect 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."
MLS# | R4909142 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | For-sale |
Status | Active |
Year | 1952 |
Days On Site | 16 |
Listing Provided By | MIDFIELD REALTY LLC | Menachem Dalfin |
SQ Feet | 4,706 |
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Acreage | 0.22 |
State | FL |
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County | Pinellas |
City | REDINGTON SHORES |
Zip Code | 33708 |
Area | 33708 St Pete | Madeira Bch | N Redington Bch | Shores |
Community Name | HARBOR SHORES 2ND ADD |
Listing VS Median (In HARBOR SHORES 2ND ADD) | |
Price: $1,900,000 low | high Med: $785,000 SqFt: 4,706 low | high Med: 1,200 $ / SqFt: $404 low | high Med: $654 On site: 16 low | high Med: 75.000000 |