111 174th Avenue E, Redington Shores, FL 33708

$550,000
1,400
SqFt

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List Price
$550,000
Status
ACTIVE
Days on Market
2
MLS#
TB8539742
Subtype
Residential Income
Style
One Story
Year Built
1950
Living Area
1,400
Lot Size
5,040
Acres
0.11
Subdivision
Gay Shores
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

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.

Additional Information

Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
Exterior Features
Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Sprinkler Metered, Storage
Financing
Cash, Conventional, Trade
Location
CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped, Paved, Unincorporated
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Zoning
A
Appliances
None
Heating
Heat Pump, Space Heater
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Sprinkler Metered, Storage
Levels
One
Roof
Shingle
Foundation
Slab
Parking
Deeded, Driveway
Parking Features
Deeded, Driveway
Garage
1 Car Carport
Garage Features
Deeded, Driveway

Listing courtesy of SMITH & ASSOCIATES REAL ESTATE. 727-342-3800

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