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122 Coral Avenue

Redington Shores, FL 33708

5 beds
8 baths
3,354 sqft
6,643 sqft lot
$864 per sqft
1951 build
– on site

Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access without, 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 courtesy of STELLAR_MLS / CENTURY 21 BEGGINS

Last checked: Checking… • Last updated Jun 19, 2025 •

MLS# TB8398480 —

The Building

Year Built:

1951
New Construction:

false
Construction Materials:

Block
Roof:

Metal
Foundation Details:

Slab
Window Features:

Storm Window(s)
Patio And Porch Features:

Covered
# of Buildings:

3
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Furnished
Flooring:

Bamboo
Fireplace:

false

Room Dimensions

Living Area:

3354
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Heading North on Gulf Blvd, Turn Left, First Building on the Left.
Latitude:

27.829073
Longitude:

-82.831011
Coordinates:

-82.831011, 27.829073

The Property

Parcel Number:

313015363240000730
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Corner Lot
Lot Size Acres:

0.15
Lot Size Area:

6643
Lot Size SqFt:

6643
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Flood Zone Panel:

12103C0179H
Additional Parcels:

true
Additional Parcels Description:

31-30-15-36324-000-0720
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

73
Tax Legal Description:

HARBOR SHORES 2ND ADD LOT 73
Tax Book Number:

25-48
Tax Annual Amount:

$12,245

Beds

Bedrooms Total:

5

Baths

Total Baths:

8

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8398480
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Common Area

The Community

Subdivision Name:

HARBOR SHORES 2ND ADD
Senior Community:

false
Waterview:

false
Water Access:

Beach
Water Access:

true
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned

Extra Units

# of Units Total:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
6/18/25 Jun 18, 2025	Listed / Active	STELLAR_MLS	$2,900,000
8/22/23 Aug 22, 2023		STELLAR_MLS	$2,900,000	-2.7%
6/22/23 Jun 22, 2023		STELLAR_MLS	$2,980,000

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This multifamily located in Redington Shores, FL 33708 is currently for sale for $2,900,000. 122 Coral Avenue is a 3,354 square foot multifamily with 5 beds and 8 baths that has been on Estately for 2 days. This multifamily is in the attendance area of Seminole Middle School, Bauder Elementary School, and Seminole High School.

Listing Courtesy of: STELLAR_MLS and CENTURY 21 BEGGINS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.