Tour
$10,000 Closing Credit¹
#TB8308351, Chad Lubke, Listing office: CHARLES RUTENBERG REALTY INC
$2,900,000 List price
122 Coral Ave Redington Shores, FL 33708
5 beds
8 baths
3,354 sqft
0.1 acres
$865 / sqft
Multi-Family
Property details
About 122 Coral Ave
Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access without, 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)
Highlights
Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ductless
Size3,354 sqft
Lot size0.15 Acres
Year built1951
ParkingAssigned, Golf Cart Parking, Guest
MLS #TB8398480
Virtual tour
Summary
- Flooring Type: Bamboo
- Interior: Ceiling Fans(s), Open Floorplan, Stone Counters
- Total Bedroom Count: 5
- Private Pool: No
- Parking: Assigned, Golf Cart Parking, Guest
- Exterior: Balcony, Courtyard, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Storage
- Heating: Central, Electric
- Cooling: Central Air, Ductless
- List Price: $2,900,000
- Price/SqFt: $864
- HOA Amount: $0
- Annual Tax Amount: $10,032
- Tax Year: 2023
- Lot: Corner Lot, Flood Zone, Sidewalk, Paved
- Directions: Heading North on Gulf Blvd, Turn Left, First Building on the Left.
- Year Built: 1951
- Living Area: 3,354 SqFt
- Lot Size: 0.15 Acres
- MLS Number: TB8398480
- MLS Name: MFRMLS
- Office Name: CENTURY 21 BEGGINS
- Office Phone: (800) 541-9923
- Listing Agent: Veronica Sierra
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 1:34:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,900,000
122 Coral Ave
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 28, 2023 | Home Sold | $1,450,000 |
| Dec 02, 2021 | Home Sold | $625,000 |
| Sep 19, 2013 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $775,000 | $10,032 |
| 2022 | $540,000 | $8,206 |
| 2021 | $426,400 | $8,206 |
| 2020 | $330,027 | $5,030 |
| 2019 | $198,217 | $3,851 |
| 2018 | $180,197 | $3,020 |
| 2017 | $192,061 | $3,127 |
History based on county public records data.
Nearby schools
8
Bauder Elementary
Public District PK-5
1.9 mi
•12755 86th Ave
6
Seminole Elementary
Public District PK-5
2.5 mi
•10950 74th Ave
9
Oakhurst Elementary
Public District PK-5
2.7 mi
•10535 Antilles Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,990. Residents of Redington Shores, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
47%
35k-100k
17%
100k-200k
11%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
3%
Single, with Kids
41%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
2%
12-17 yrs old
6%
18-34 yrs old
41%
35-64 yrs old
49%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Horse Races
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Cracker Barrel
What do the neighbors drive?
Lincoln
Mazda
Cadillac
What do the neighbors listen to?
Classical
Rock
Soft Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 122 Coral Ave
The listing price of 122 Coral Ave property is $2,900,000.
The property 122 Coral Ave is a multi located in Redington Shores, Florida, 33708.
Active Listing: 122 Coral Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 122 Coral Ave are: Bauder Elementary (GreatSchools Rating 8/10), Seminole Elementary (GreatSchools Rating 6/10), Oakhurst Elementary (GreatSchools Rating 9/10), Seminole Middle School (GreatSchools Rating 5/10), Madeira Beach Fundamental K-8 (GreatSchools Rating 9/10), Osceola Middle School (GreatSchools Rating 5/10), Seminole High School (GreatSchools Rating 5/10), Richard O Jacobson Technical High School at Seminole (GreatSchools Rating 5/10), Osceola Fundamental High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $10,032 (source: MLS/based on county public records data).
The last sale was on August 28, 2023 for $1,450,000 (source: MLS/tax record).
The property 122 Coral Ave is 3,354 SqFt (source: MLS/tax record).
The year of construction for 122 Coral Ave is 1951.
This home is located at 122 Coral Ave in Redington Shores, FL and zip code 33708. This 3,354 square foot home, which was built in 1951, sits on a 0.15 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $2,900,000.
While more than 0 listings in Redington Shores, FL in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 9 were sold below. The inventory of homes for sale in Redington Shores, FL between April and May 2025 increased by 11.8%. Listings spent 71 days on the market in May 2025, and had a median list price of $650,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.