122 Coral Avenue, REDINGTON SHORES, FL

$2,900,000

Previous Next

5

Beds

8

Baths

3,354

Square feet

0.15

Acres

About 122 Coral Avenue

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)

Features of 122 Coral Avenue

MLS® # TB8398480
Price $2,900,000
Bedrooms 5
Bathrooms 8.00
Square Footage 3,354
Acres 0.15
Year Built 1951
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 122 Coral Avenue
Area St Pete/Madeira Bch/N Redington Bch/Shores
Subdivision HARBOR SHORES 2ND ADD
City REDINGTON SHORES
County Pinellas
State FL
Zip Code 33708

Amenities

Parking Assigned, Golf Cart Parking, Guest
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Stone Counters
Heating Central, Electric
Cooling Central Air, Mini-Split Unit(s)
Fireplace No

Exterior

Exterior Features Balcony, Courtyard, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage
Lot Description Corner Lot, Flood Insurance Required, FloodZone, Sidewalk
Roof Metal
Foundation Slab

Additional Information

Date Listed June 18th, 2025
Days on Market 104
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCENTURY 21 BEGGINS

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?