18100 Gulf Blvd in Redington Shores, FL

Starting bid: $960,000

4-unit beachside investment with strong rental income potential.

Item condition: New

Time Left:
Ending On: March 24, 2025 3:14 pm
Timezone: America/New_York

Reserve price has not been met.

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The property at 18100 Gulf Blvd in Redington Shores, FL, is a four-unit vacation rental in a prime Gulf Coast location, just steps from the beach. This highly desirable area offers strong potential for both short-term and long-term rental income, making it an attractive investment opportunity.

 

The property was impacted by Hurricane Milton, resulting in varying levels of damage across the units. One second-level unit remains in good condition, requiring only minor repairs and ready for immediate occupancy or rental. The remaining three units will need renovations to bring them back to rentable condition.

 

Being sold as-is, this property presents an excellent value-add opportunity for investors looking to build equity and maximize income potential through renovations. Zoned for short-term rentals, it’s well-positioned to benefit from the strong demand for vacation accommodations in Redington Shores. With its unbeatable proximity to the beach, a thriving rental market, and competitive pricing, this property offers immediate income potential while providing a significant upside through improvements.

 

For investors seeking a well-located project with strong return potential, 18100 Gulf Blvd is an exceptional opportunity.

IMPORTANT NOTE:

Online Auction Only! Bidding opens on February 5th and closes on March 24, 2025, at 11:00 AM.


The buyer’s deposit is fully refundable if they do not win the bid and must be paid via credit card, wire transfer, or cashier’s check. For more details, please review the online bidding terms and deposit transmittal form in the Documents Section
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Buyer’s Premium 5%
BUYERS DEPOSIT REQUIRED: 10%
Property Walkthrough: Appointment only with 48 hour notice
Buyer to Cover Closing Costs

Total Bids Placed:

Auction started January 29, 2025 3:14 pm

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