New ListingPrime redevelopment opportunity with exceptional upside potential. The property experienced flooding during Hurricane Helene in September 2025; however, remediation was completed immediately following the storm, preserving the site’s viability for future use. Situated within a designated flood zone, buyers are encouraged to conduct due diligence with the City of Redington Shores to fully understand redevelopment options and allowable improvements. This parcel presents a compelling value-add scenarioideal for investors or developers seeking to capitalize on its premium location. The true highlight: the ability to construct a side-by-side 36-foot duplex with water views, unlocking significant income-producing potential. With strong rental demand in the area and limited waterfront inventory, this is a rare chance to build a high-performing asset in a highly desirable coastal market.
| MLS # | TB8539742 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1950 |
| Days On Site | 1 |
| Listing Provided By | SMITH & ASSOCIATES REAL ESTATE | Jenny Schmidt |
| SQ Feet | 1,400 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | A |
| Acreage | 0.11 |
| Property | 4580 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | REDINGTON SHORES |
| Zip Code | 33708 |
| Area | 33708 St Pete | Madeira Bch | N Redington Bch | Shores |
| Community Name | GAY SHORES |
| Listing VS Median (in GAY SHORES) | |
Price: $550,000 low | high Med: $599,000 sqft: 1,400 low | high Med: 1,106 $ / sqft: $393 low | high Med: $542 On site: 1 low | high Med: 17 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | REDINGTON SHORES |
| Zip Code | 33708 |
| Area | 33708 St Pete | Madeira Bch | N Redington Bch | Shores |
| Community Name | GAY SHORES |
| Listing VS Median (in GAY SHORES) | |
Price: $550,000 low | high Med: $599,000 sqft: 1,400 low | high Med: 1,106 $ / sqft: $393 low | high Med: $542 On site: 1 low | high Med: 17 | |