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.
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.
Property Details
Price:
$550,000
MLS #:
TB8539742
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
GAY SHORES
Neighborhood:
33708stpetemadeirabchnredingtonbchshores
Listed Date:
Aug 19, 2026
Finished Sq Ft:
1,400
Total Sq Ft:
1,400
Lot Size:
5,040 sqft / 0.11 acres (approx)
Year Built:
1950
See this Listing
Schools
Interior
Appliances
None
Cooling
Wall/Window Unit(s)
Flooring
Linoleum
Heating
Heat Pump, Space Heater
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
Laundry Features
None
Levels
One
Exterior
Construction Materials
Block
Covered Spaces
1
Exterior Features
Irrigation System, Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Sprinkler Metered, Storage
Lot Features
CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped, Unincorporated
Open Parking YN
1
Other Structures
Other, Shed(s), Storage
Parking Features
Deeded, Driveway
Patio And Porch Features
Covered, Enclosed, Rear Porch, Screened
Roof
Shingle
Security Features
Fire Alarm, Security Lights, Smoke Detector(s)
Window Features
Blinds, Double Pane Windows, Insulated Windows, Shades, Storm Window(s), Tinted Windows, Window Treatments
Financial
Tax Year
2025
Taxes
$4,581
Map
Community
- Address111 174TH AVENUE E REDINGTON SHORES FL
- SubdivisionGAY SHORES
- CityREDINGTON SHORES
- CountyPinellas
- Zip Code33708
Subdivisions in REDINGTON SHORES
- ANGLERS COVE CONDO
- CLUB REDINGTON CONDO THE
- EMILIA TWNHMS OF REDINGTON SHORES REP
- GAY SHORES
- GAY SHORES 1ST ADD
- GULF MARINER THE CONDO
- HARBOR SHORES 1ST ADD
- HARBOR SHORES 2ND ADD
- HARBOR SHORES 3RD ADD
- HARBOR SHORES 4TH ADD
- HARBOR SHORES 5TH ADD
- HARBOR SHORES SUB
- LA BAHIA CONDO
- LA VISTANA B CONDO
- LAS BRISAS CONDO
- LAS FLORES
- LAS FLORES CONDO
- LAS PALMAS CONDO
- LIGHTHOUSE POINTE CONDO
- LONG POINT SUB
- MARKER 5 CONDO
- REDINGTON SHORES YACHT & TENNIS CLUB
- REDINGTON TOWERS 1 CONDO
- REDINGTON TOWERS 3 CONDO
- REDINGTON TOWERS BLDG 2 CONDO
- SAN REMO CONDO
- SCHUCKERT PLACE
- SEA OATS CONDO
- SHORE MARINER THE CONDO
- SPITZERS BLK 6 REP OF 5TH ADD TO HARBOR SHORES
- SUNSET REEF
- SURFSIDE CABANA CLUB REV
- SURFSIDE SUB
- SURFSIDE SUB 2
- SURFSIDE SUB 3
- SURFSIDE SUB 4
- TOWER ISLE CONDO
Market Summary
Current real estate data for Multi Family in REDINGTON SHORES as of Aug 25, 2026
3
Multi Family Listed
176
Avg DOM
441
Avg $ / SqFt
$875,000
Avg List Price
Property Summary
- Located in the GAY SHORES subdivision, 111 174TH AVENUE E REDINGTON SHORES FL is a Multi Family for sale in REDINGTON SHORES, FL, 33708. It is listed for $550,000 To schedule a showing of MLS#tb8539742 at 111 174TH AVENUE E in REDINGTON SHORES, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of SMITH & ASSOCIATES REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 111 174TH AVENUE E
REDINGTON SHORES, FL