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402 161st Avenue
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PRICED AT ONLY: $999,000

Address: 402 161st Avenue, REDINGTON BEACH, FL 33708

Description

Savvy investors take notethis legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income producing coastal retreat! Welcome to your fully furnished waterfront pool home in Redington Beach, where mid century modern design meets high performing short term rental potential. Whether you're searching for a cash flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box. Completely remodeled and move in ready, this 2 bedroom waterfront home is designed for maximum guest appeal and five star reviews. The open concept layout features a chefs kitchen with quartz countertops, white shaker cabinetry, and premium finishes, flowing seamlessly into a bright living space with wall to wall sliders showcasing stunning water viewsa major booking driver for vacation guests. The primary suite offers an en suite bathroom and dual closets, creating a private, upscale retreat, while the guest bedroom and bath provide comfort and privacy for additional occupantsideal for maximizing occupancy and nightly rates. Step outside to your private waterfront oasis, where a sparkling pool, tropical landscaping, and expansive patio create the ultimate Florida vacation experience. The private dock with direct water access is perfect for kayaking, paddleboarding, or fishinghighly desirable amenities that increase rental demand and nightly pricing. Additional highlights include a 550 sq ft oversized garageperfect for storing beach gear, bikes, and owner storagewith future potential for value add improvements (subject to local regulations). Located in Redington Beach, a highly sought after, residential beach community, this property benefits from strong short term rental demand, limited inventory, and proximity to the Gulf of Mexico. Guests will love the easy beach access via the residents only parking and walkway, just a short stroll awayanother key feature that drives bookings. Turnkey. Waterfront. Income producing. Opportunities like thiscombining lifestyle + ROIrarely hit the market.

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  • MLS#: TB8471642 ( Residential )
  • Street Address: 402 161st Avenue
  • Viewed: 202
  • Price: $999,000
  • Price sqft: $472
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater,Intracoastal Waterway
  • Year Built: 1953
  • Bldg sqft: 2116
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 100

Description

Savvy investors take notethis legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income producing coastal retreat! Welcome to your fully furnished waterfront pool home in Redington Beach, where mid century modern design meets high performing short term rental potential. Whether you're searching for a cash flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box. Completely remodeled and move in ready, this 2 bedroom waterfront home is designed for maximum guest appeal and five star reviews. The open concept layout features a chefs kitchen with quartz countertops, white shaker cabinetry, and premium finishes, flowing seamlessly into a bright living space with wall to wall sliders showcasing stunning water viewsa major booking driver for vacation guests. The primary suite offers an en suite bathroom and dual closets, creating a private, upscale retreat, while the guest bedroom and bath provide comfort and privacy for additional occupantsideal for maximizing occupancy and nightly rates. Step outside to your private waterfront oasis, where a sparkling pool, tropical landscaping, and expansive patio create the ultimate Florida vacation experience. The private dock with direct water access is perfect for kayaking, paddleboarding, or fishinghighly desirable amenities that increase rental demand and nightly pricing. Additional highlights include a 550 sq ft oversized garageperfect for storing beach gear, bikes, and owner storagewith future potential for value add improvements (subject to local regulations). Located in Redington Beach, a highly sought after, residential beach community, this property benefits from strong short term rental demand, limited inventory, and proximity to the Gulf of Mexico. Guests will love the easy beach access via the residents only parking and walkway, just a short stroll awayanother key feature that drives bookings. Turnkey. Waterfront. Income producing. Opportunities like thiscombining lifestyle + ROIrarely hit the market.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sliding Doors
  • Fencing: Fenced, Vinyl
  • Flooring: Tile
  • Living Area: 1416.00
  • Roof: Other
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot, FloodZone, Paved
School Information
  • High School: Seminole High-PN
  • Middle School: Seminole Middle-PN
  • School Elementary: Bauder Elementary-PN
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat, Driveway, Off Street, Parking Pad, RV Access/Parking
Eco-Communities
  • Pool Features: Fiberglass, In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Available, Sewer Connected, Sprinkler Recycled, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Furnished
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Vaulted Ceiling(s), Window Treatments
  • Legal Description: REDINGTON BEACH HOMES 6TH ADD BLK 1, LOT 39 & RIP RTS
  • Levels: One
  • Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
  • Occupant Type: Owner
  • Parcel Number: 04-31-15-73962-001-0390
  • Possession: Close Of Escrow
  • Style: Florida, Mid-Century Modern, Ranch
  • View: Water
  • Views: 202
  • Zoning Code: RES
Nearby Subdivisions
Dice Rep   Johnsons Rep   Lone Palm Beach   Lone Palm Beach 1st Add   Lone Palm Beach 1st Adition   Lone Palm Beach 2nd Add   Lone Palm Beach 3rd Add   Redington Beach Homes 2nd Add   Redington Beach Homes 3rd Add   Redington Beach Homes 6th Add   Redington Beach Homes Second A   Royal Orleans Pinellas Condo  
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Contact Info

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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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