About This Home

This 0-bedroom, 0-bathroom multi-family at 111 174TH Avenue E in Redington Shores, FL is listed for $550,000 ($393 per sqft). Built in 1950, the home offers 1,400 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1950
  • 0.11 acre lot

Property Details

1 story
1950

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

111 174TH Avenue E

Redington Shores, FL 33708

GAY SHORES

Features & Amenities

Interior Features

Ceiling Fans(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorWindow Treatments

Exterior Features

Outdoor ShowerPrivate EntrancePrivate YardRain GuttersSprinkler MeteredStorage

Property Details

Flooring

Linoleum

Construction

Block

Outdoor Features

Porch

Parking

Driveway

Heating

Heat Pump (Heating)Space Heater

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 111 174TH Avenue E is listed at $550,000 ($393/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.11 acre lot. Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor. Exterior Features: Outdoor Shower, Private Entrance, Private Yard.

This property is listed by Jenny Schmidt.

JS

Jenny Schmidt

Agent at Smith & Associates Real Estate

Listed by Smith & Associates Real Estate · Broker phone: (813) 839-3800 · View on Broker Site · Broker website

MLS# TB8539742· Source: Stellar MLS· 73 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 174TH Avenue E, Redington Shores, FL 33708

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