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
Amenities
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
Estimates only. Actual payments may vary.
Location
111 174TH Avenue E
Redington Shores, FL 33708
GAY SHORES
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
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 and can be reached at 7272007352.