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    130 177Th Ter W Redington Shores, FL 33708

    View on Map
    Sponsored
    For Sale
    $1,200,000

    Triplex - REDINGTON SHORES, FL

    Type:Triplex
    Property size:
    2,113 SF
    Lot size:
    0.07 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 15 at 3:06 pm

    Property Features for 130 177Th Ter W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    MULTI UNIT
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    31-30-15-36324-000-0050
    Parking features
    Open
    Interior features
    Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
    Exterior features
    Balcony, Outdoor Shower, Private Entrance
    Size
    2,113 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Ductless, Multi Units

    Building Details

    Year built
    1957
    Number of units
    3
    Flooring type
    Carpet, Tile
    Building materials
    Block, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Powell

    All Florida Premier Realty Group, LLC. (407) 473-8193

    Listing agent Jeff Powell (407) 473-8193 License #3193841

    Listing date Mar 15, 2026

    MLS# O6390736 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turn-Key Airbnb Triplex Villa

    This turn-key, three-unit beach villa is positioned just one house away from the beach. The property is within easy walking distance of local dining, shopping, and entertainment. This stand-alone multifamily asset holds a coveted hotel designation, allowing for legal daily rentals. The property is fully modernized and designed for immediate occupancy and cash flow, featuring a spacious 1,089 sq. ft. owner’s suite with 2–3 bedrooms (remodeled in 2019) and two 512 sq. ft. downstairs 1-bedroom units. These lower units underwent a comprehensive renovation completed in January 2026, including major bathroom updates with new tubs and tile, and full kitchen overhauls featuring new cabinetry, granite countertops, and appliances. The building's mechanical integrity is robust, boasting a total electrical rewire and new panels, updated plumbing, three new hot water heaters (2025), and a mix of new central AC and mini-split systems (2025). Structural peace of mind is provided by hurricane-impact windows and replaced underground drainage systems. A new roof will be installed prior to closing in 2026. The property is sold inclusive of all new 2026 furnishings, décor, housewares, and window treatments. Each unit is equipped with its own dedicated washer and dryer. Exterior amenities include five off-street parking spaces, private patios for the lower units, an outdoor shower, and a professionally landscaped common area. The property is located in REDINGTON SHORES, FL. The lot size is 0.07 acres and the property size is 2,113 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redington Shores
    County
    Pinellas
    State
    Florida
    Longitude
    -82.83062
    Latitude
    27.827426

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    FAQs

    What type of property is this?
    Triplex - Gulf-side triplex with hotel designation, steps from the beach.
    Where is this triplex located?
    The property is located at 130 177Th Ter W Redington Shores, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Coveted hotel designation allows for legal daily rentals, maximizing income potential.; - Turn-key condition with all new 2026 furnishings, decor, and housewares ensures immediate cash flow.; - Located just 50 steps from a quiet beach with no busy streets to cross, offering exceptional beach access.
    (407) 473-8193
    Request Owner's contact information
    130 177Th Ter W Redington Shores, FL 33708
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    Redington Shores, FL 33708
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 177Th Ter W Redington Shores, FL 33708
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    We can help!
    Listing Contact
    Jeff Powell
    Real Estate License ID: 3193841
    (407) 473-8193
    Learn more
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