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$2,900,000 - 122 Coral Avenue, REDINGTON SHORES

5
Bedrooms
8
Baths
3,354
SQ. Feet
0.15
Acres

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)

Essential Information

  • MLS® #:
    TB8398480
  • Price:
    $2,900,000
  • Bedrooms:
    5
  • Bathrooms:
    8.00
  • Square Footage:
    3,354
  • Acres:
    0.15
  • Year Built:
    1951
  • Type:
    Residential Income
  • Sub-Type:
    Multi Family
  • Status:
    Pending

Community Information

  • Address:
    122 Coral Avenue
  • Area:
    St Pete/Madeira Bch/N Redington Bch/Shores
  • Subdivision:
    HARBOR SHORES 2ND ADD
  • City:
    REDINGTON SHORES
  • County:
    Pinellas
  • State:
    FL
  • Zip Code:
    33708

Amenities

  • Parking:
    Assigned, Golf Cart Parking, Guest

Interior

  • Interior Features:
    Ceiling Fans(s), Open Floorplan, Stone Counters
  • Heating:
    Central, Electric
  • Cooling:
    Central Air, Mini-Split Unit(s)

Exterior

  • Exterior Features:
    Balcony, Courtyard, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage
  • Lot Description:
    Corner Lot, Flood Insurance Required, FloodZone, Sidewalk, Paved
  • Roof:
    Metal
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    184

Listing Details

  • Listing Office:
    Century 21 Beggins

Listing information courtesy of Century 21 Beggins.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on December 23rd, 2025 at 9:18pm EST.