122 Coral Avenue, Redington Shores, FL 33708
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: veronica sierra
Office: century 21 beggins
MLS#:TB8398480
Source:MFRMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$864.64
About this home
Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach
Nestled less than 450 feet from public beach access, this exceptional property offers an unparalleled opportunity for short-term rental success. Zoned Commercial Tourist Facilities (CTF), it is approved for nightly rentals, making it the perfect choice for an investor looking for passive income along the Gulf Coast Beaches.
Property Highlights;
Complete Renovation: This property has been meticulously upgraded, including a durable aluminum PVD-plated roof, custom impact-resistant windows, and a full electrical rewire with new panels for optimal safety.
Gourmet Kitchens & Spa-Inspired Bathrooms. Each unit features a sleek, European-style kitchen with quartz countertops, glass backsplashes, and premium appliances. The bathrooms have been tastefully updated, new showers, vanities, and modern fixtures.
Premium Finishes: No detail has been overlooked, from the Stiebel tankless water heaters and new mini-split AC systems in 7 of the 8 units to the eco-friendly Cali bamboo long plank flooring.
Cohesive Aesthetic: Every unit shares a uniform, coastal luxury design with the same exquisite materials, including a newly installed permeable paver system and durable new stucco with advanced lathe for long-lasting results.
Outdoor Potential: The property is primed for additional amenities, with power already run underground for a 12-person hot tub in the beautiful central courtyard. There is also ample space to add a pool or spa/hot tub.
Ideal Location: Situated within a block of several popular restaurants and bars, this property also features 8 on-site parking spots for added convenience.
With its impeccable design, unbeatable location, and turn-key status, this property is a prime opportunity for generating substantial income through short-term rentals. Dont miss out on your chance to own this stunning slice of coastal paradise!
(PORTFOLIO PACKAGE AVAILABLE; Property can be purchased with 2116/2114 1st St, Indian Rocks Beach, and/or 2605 Bay Blvd, Indian Rocks Beach)
Contact an agent
Home facts
- Year built:1951
- Listing ID #:TB8398480
- Added:184 day(s) ago
- Updated:January 08, 2026 at 08:46 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:8
- Living area:3,354 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1951
- Building area:3,354 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$864.64
- Tax amount:$12,245 (2024)
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