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About This Home

This 2-bedroom, 2-bathroom multi-family at 111 174TH AVENUE E in Redington Shores, FL is listed for $599,000 ($428 per sqft). Built in 1950, the home offers 1,400 sqft of living space on a 0.11 acres lot.

Agent 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.

Key Features

  • Built in 1950
  • 0.11 acre lot

Property Details

2 full
1950

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

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

PavedFencingOutdoor ShowerPrivate EntrancePrivate YardRain GuttersSprinkler MeteredStorageSecurity Lights

Property Details

Flooring

Linoleum

Construction

Block

Parking

CarportDriveway

Heating

Heat Pump (Heating)Space Heater

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 111 174TH AVENUE E is listed at $599,000 ($428/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.

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: Paved, Fencing, Outdoor Shower.

This property is listed by Jenny Schmidt and can be reached at 7272007352 or jschmidt@smithandassociates.com.

JS

Jenny Schmidt

Agent at SMITH & ASSOCIATES REAL ESTATE

(727) 200-7352

Listed by SMITH & ASSOCIATES REAL ESTATE · View on Broker Site

MLS# TB8499373· Source: listhub· Updated 46 days ago

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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