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Active - Multi Family for sale

122 CORAL AVENUE, Redington Shores, FL

3,319 sqft

Facts & features

Multi Family Property type
31 days on Beycome
1951 Year built
$904 Price/Sqft.
6,643 sqft Lot size

Why you’ll love it

Turn-Key Luxury Coastal Investment | 8-Unit Multi-Family Opportunity!!!Situated less than 450 feet from public beach access, this fully renovated 8-unit multi-family asset is a premier short-term rental opportunity along the Gulf Coast. Zoned Commercial Tourist Facilities (CTF) for approved nightly rentals, the property offers immediate, high-yield passive income. Key Property Upgrades & Features: Comprehensive Renovations: Outfitted with a durable aluminum PVD-plated roof, custom impact-resistant windows, and a fully rewired electrical system with new panels. Upgraded Interiors: Each unit boasts European-style kitchens with quartz countertops and glass backsplashes, paired with modern, spa-inspired bathrooms featuring updated vanities and custom showers. High-Efficiency Comfort: Equipped with Stiebel tankless water heaters, mini-split A/C systems in 7 units, and sustainable Cali bamboo plank flooring. Extensive Exterior Upgrades: Features permeable paver ground coverage, fresh stucco with advanced lathe, and dedicated power already run for a 12-person courtyard hot tub (with ample space to add a pool or full spa). Prime Beachside Location: Includes 8 on-site parking spaces and is located within steps of local dining, shopping, and nightlife. Fully furnished, impeccably maintained, and optimized for short-term rental performance.

Translating description...

Listings courtesy of HOMESTEAD ROAD as distributed by MLS GRID.

Listed by: Heidi Priebe • priebeheidi@aol.com • HOMESTEAD ROAD

Co-listed by: HOMESTEAD ROAD

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8557529 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$1,950,000$4,050,000
1%20%
0%90%
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Estimated monthly payment

$15,964/mo

  • Mortgage$15,170
  • Property tax$794
  • HOA fee
  • Homeowners insurance
Due at closing$2,384,999
Down payment held in escrow$600,000
Closing costs$45,000
beycome credit Est.$60,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$60,000 Credit back

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Travel times

About Harbor Shores 2Nd Add

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$2,999,999 Listed price

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$60,000 Credit back

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