Overview
- Updated On:
- May 16, 2025
- 4,706 ft2
Description
“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 hurricane—perfect 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.”
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
