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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.23 acres
A rare opportunity has arrived in Redington Shores: a direct Gulf-front property offering unparalleled potential for both luxury living and lucrative investment. For the first time in over 30 years, this prime piece of real estate is available to the market. Currently zoned as a condo, the property has been cherished as a family vacation retreat, with two spacious units totaling 2,750 sq. ft. of living space—each featuring 3 bedrooms and 2 bathrooms. The existing structure boasts a large parking pad, two one-car garages, and under-building storage, adding functionality to its enviable beachfront location. There is over 50 feet of Gulf frontage and a Sea Wall Already in place and the City provides a Beach scraper to keep the beach front view clean and free of debris. Another rare advantage: this property does not back up to Gulf Boulevard, providing a quieter, more private atmosphere with Constitution Park buffering the rear of the property, which has a dog walk, playground and town sponsored cookouts and events for residents. Just steps away, you’ll find the beach trolley, bus stops, local favorites like Candy Kitchen, Koko nuts Grill, Friendly Tavern, and Broke N Board, plus easy access to restaurants, coffee shops, and the famous Beach Pizza. The lot itself, just under a quarter acre (see attached survey), offers impressive development potential. The City of Redington Shores allows underground parking/storage and up to two floors of buildable space, with the potential for a third floor with variance approval. The possibilities are endless: design a spectacular 2,500+ sq. ft. Gulf-front penthouse for your own use while generating income from luxury rental units below, or create a boutique Gulf-front development perfectly tailored for today’s high-end buyers and investors. Possibly two smaller buildings with a variance? All this, while being only 30 minutes to Tampa—home of the Buccaneers, Tampa Bay Lightning, the Rays, fine dining, international shopping, Broadway-caliber theater, and an international airport. Just minutes away, St. Pete offers a vibrant nightlife and its iconic new pier, while Clearwater Beach adds yet another world-class destination to the mix.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Near Public Transit, Paved, Waterfront
-
Lot Size(acres)
0.23
-
Property Type
Land
Price
-
Sales Price
$5,500,000
-
Tax Amount
9612.57
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
Bauder Elementary-PN
-
Middle School
Seminole Middle-PN
-
High School
Seminole High-PN
Property Features
-
Ownership
Condominium
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Bauder Elementary-PN
Middle School
Seminole Middle-PN
High School
Seminole High-PN
Listing Courtesy of Catherine Delorenzo , REALTY EXPERTS
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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