Syeda Gardezi
111 174TH AVENUE E, Redington Shores, FL, 33708
6 rooms
2 beds
2 Full baths
1950
Cottage, Florida, Patio
1,400 sqft
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.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
None
Subdivision:
GAY SHORES
Garage:
Deeded, Driveway
Heating:
Heat Pump, Space Heater
Cooling:
Wall/Window Unit(s)
Levels:
1
Lot Size:
60 x 84
Acreage:
0.11
Est. Taxes:
$4,581
Construction
Block
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Lot Description:
CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped, Unincorporated
Elevator:
N
Pet Policy:
Yes
Appliances:
None
Min Lease Term:
No Minimum
MLS #:
TB8499373
Community Info
School Info
Walk Score
Yelp
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE 727-342-3800