Residential Property - Single Family Residence in Redington Beach
Listing Price: $1,049,000 (Mortgage Calculator →)
Description of Property
WATERFRONT VACATION RENTAL POTENTIAL | 1031 EXCHANGE OPPORTUNITY | INCOME-PRODUCING COASTAL PROPERTY | Looking for a high-performing short-term rental, 1031-Exchange replacement property, or a home with income potential? This Redington Beach waterfront home delivers the ideal combination of cash flow, appreciation, and personal-use flexibility. Situated on an EXCEPTIONALLY WIDE deep-water canal, this fully updated property offers direct boating access to the Intracoastal Waterway and the Gulf—just minutes to John’s Pass. A private dock (full replacement 2022) and well-maintained seawall (full replacement 2003) make this a turnkey option for boating enthusiasts and vacation guests alike. Inside, the open-concept floor plan is designed for both entertaining and maximizing rental appeal. The renovated kitchen features granite countertops, custom cabinetry, a large breakfast bar, and dedicated beverage station—ideal for hosting guests. Both bathrooms have been tastefully updated with modern, spa-inspired finishes. Major upgrades include a metal roof (2017), hurricane-impact windows (2022), and storm shutters, offering durability and potential insurance advantages. Solar panels (assumable, low monthly cost) provide energy efficiency and long-term savings—an attractive feature for investors focused on operating margins. Step outside to a private tropical oasis complete with a saltwater pool (installed 2017), low-maintenance xeriscape landscaping, and a spacious covered waterfront patio (13’x27’)—perfect for outdoor dining and sunset views that drive strong guest satisfaction. Located in Redington Beach, a vacation rental-friendly community, this property is ideally positioned between Clearwater Beach and St. Pete Beach, with convenient access to dining, shopping, and entertainment at John’s Pass Village. Projected 7%+ cap rate with strong short-term rental income potential. Ideal for 1031-Exchange buyers seeking passive income and long-term appreciation, with the added benefit of personal-use flexibility. This is a rare opportunity to acquire a turnkey waterfront investment property in one of Florida’s most desirable beach markets. Schedule your private showing today and secure your next income-producing coastal asset!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Redington Beach
County: Pinellas
Subdivision: Redington Beach Homes 6th Add
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,261
Sq. Ft. Living Area: 1,428
Cost per (heated) sqare foot: $735
Year built: 1955
Annual Tax: $4,262
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Window Features: Storm Window(s)
Additional Rooms: Inside Utility
Flooring: Porcelain Tile
Green Features
Indoor Air Quality: Ventilation
Green Energy Features: Windows
Green Landscaping: Xeriscape
GreenWater Conservation: Low-Flow Fixtures
Schools
Elementary School: Bauder Elementary-PN
Middle/Junior High School: Seminole Middle-PN
High School: Seminole High-PN
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Salt Water
Water Front: Yes
Water Frontage: Intracoastal Waterway
Water Access: Yes
Water Access Type: Intracoastal Waterway
Exterior & Construction
Architectural Style: Ranch
Construction: Stucco
Foundation: Slab
Roof: Metal
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 1
Parking Features: Off Street
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric: Photovoltaics Third-Party Owned
Patio & Porch Features: Rear Porch
View: Water
Fencing: Vinyl
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Street Dead-End
Lot Size (acres): 0.16
Lot Size (sq. ft.): 6,900 square feet
Lot Dimensions: 60 x 115
Road Frontage: Street Dead-End
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 043115739620010240
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: REDINGTON BEACH HOMES 6TH ADD BLK 1, LOT 24 & RIP RTS
Section: 4
Range: 15
Listing courtesy of ENGEL & VOLKERS MADEIRA BEACH. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.