111 174th Avenue E, Redington Shores, FL 33708
- $550,000
- 2
- BD
- 2
- BA
- 1,400
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- TB8499373
- Price Change
- ▼ $49,000 1784769561
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,400
- Subdivision
- Gay 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
- Year Built
- 1950
- Construction
- Block
- Living Area
- 1,400
- Acres
- 0.11
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
- Cooling
- Wall/Window Unit(s)
- Heating
- Heat Pump, Space Heater
- Parking
- Deeded, Driveway
- Garage Description
- 1 Car Carport
- Exterior Features
- Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Sprinkler Metered, Storage
- Sewer
- Public Sewer
- Stories
- 1
- Pets
- Yes
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE.
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