Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bedrooms: | 2 BR |
| Bathrooms: | 2 |
| Pets: | Pets Allowed |
| Lot Size: | 0.1 Acres |
Financials
Price:$550,000
Annual Taxes:$4,580.85
Listing Courtesy of SMITH & ASSOCIATES REAL ESTATE
Prime redevelopment opportunity with exceptional upside potential.
Description
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.
Amenities
- Bb Hs Internet Available
- Blinds
- Cable - Available
- Ceiling Fans(S)
- Coastalconstruction Control Line
- Double Pane Windows
- Electricity Available
- Fiber Optics
- Fire Alarm
- Flood Insurance Required
- FloodZone
- Insulated Windows
- Landscaped
- Living Room/Dining Room Combo
- Outdoor Shower
- Paved
- Phone Available
- Primary Bedroom - Main Floor
- Private Entrance
- Private yard
- Public
- Rain Gutters
- Security Lights
- Sewer Connected
- Shades
- Smoke Detectors
- Sprinkler Metered
- Storage
- Storm Window(s)
- Street Lights
- Tinted Windows
- Underground Utilities
- Unincorporated
- Water Connected
- Window Treatments
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.