111 174th Avenue E, Redington Shores, FL 33708
Local realty services provided by:Gulf Shores Realty ERA Powered
111 174th Avenue E,Redington Shores, FL 33708
$550,000
- - Beds
- - Baths
- 1,400 sq. ft.
- Multi-family
- Active
Listed by: jenny schmidt
Office: smith & associates real estate
MLS#:TB8539742
Source:MFRMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$392.86
About this home
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.
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Home facts
- Year built:1950
- Subdivision & Development:GAY SHORES
- Listing ID #:TB8539742
- Added:3 day(s) ago
- Updated:August 22, 2026 at 11:38 PM
Rooms and interior
- Flooring:Linoleum
- Dining Description:Living Room/Dining Room Combo
- Bedroom Description:Primary Bedroom Main Floor
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Heat Pump, Space Heater
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:1,400 sq. ft.
- Lot area:0.11 Acres
- Lot Features:CoastalConstruction Control Line, Flood Zone, Landscaped, Paved, Unincorporated
- Construction Materials:Block
- Exterior Features:Covered Porch/Patio, Enclosed, Outdoor Shower, Rain Gutters, Rear Porch, Screened, Sprinkler Metered
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$392.86
- Tax amount:$4,581 (2025)
Features and amenities
- Appliances:Irrigation Equipment
- Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s), Electricity Available, Fiber Optics, Irrigation Equipment, Living Room/Dining Room Combo, Phone Available, Primary Bedroom Main Floor, Underground Utilities, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:1 Car Carport, Deeded, Driveway
- Carport spaces:1
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