Commercial Sale · Multi Family (5+)
122 CORAL AVENUE, REDINGTON SHORES, FL, 33708
Active7 days on marketListed Oct 14, 2026MLS #TB8557529
About this property
The property at a glance
Turn-Key Luxury Coastal Investment | 8-Unit Multi-Family Opportunity!!!Situated less than 450 feet from public beach access, this fully renovated 8-unit multi-family asset is a premier short-term rental opportunity along the Gulf Coast. Zoned Commercial Tourist Facilities (CTF) for approved nightly rentals, the property offers immediate, high-yield passive income. Key Property Upgrades & Features: Comprehensive Renovations: Outfitted with a durable aluminum PVD-plated roof, custom impact-resistant windows, and a fully rewired electrical system with new panels. Upgraded Interiors: Each unit boasts European-style kitchens with quartz countertops and glass backsplashes, paired with modern, spa-inspired bathrooms featuring updated vanities and custom showers. High-Efficiency Comfort: Equipped with Stiebel tankless water heaters, mini-split A/C systems in 7 units, and sustainable Cali bamboo plank flooring. Extensive Exterior Upgrades: Features permeable paver ground coverage, fresh stucco with advanced lathe, and dedicated power already run for a 12-person courtyard hot tub (with ample space to add a pool or full spa). Prime Beachside Location: Includes 8 on-site parking spaces and is located within steps of local dining, shopping, and nightlife. Fully furnished, impeccably maintained, and optimized for short-term rental performance.
3,763
Building sq ft
$797
Price / sq ft
0.15
Lot acres
1951
Year built
8
Units
4
Buildings
RINC
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
$375,000
Price / unit
8
Units
Estimated payment (illustrative)
Estimated payment
$16,687/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Leila to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
15,306
Population
$83,773
Median income
61.1
Median age
1.9
Avg household
$463,700
Median home value
$1,961/mo
Median rent
600
Households w/ kids
Recent sales
What actually sold near 122 CORAL AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$575,000
107 145TH AVENUE E
3,706 sqft · $155/sqft · Sold May 29, 2026
$28,800
19823 GULF BOULEVARD UNIT A
3,155 sqft · $9/sqft · Sold Mar 13, 2025
$600,000
6115 SEMINOLE BOULEVARD
3,000 sqft · $200/sqft · Sold Sep 4, 2025
Your team
The pros in your corner
Your agent
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 122 CORAL AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 122 CORAL AVENUE.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked.
Listing courtesy of HOMESTEAD ROAD · Heidi Priebe. MLS #TB8557529.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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