Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Redington Shores Land Opportunity Title is generated by Realmo AI

    17611 1ST STREET E, Redington Shores, FL 33708

    View on Map
    Claim this Listing
    For Sale
    $599,000

    Land - REDINGTON SHORES, FL

    Property size:
    3,800 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $157/SF
    Added:
    Jan 22, 2026
    Days on Market:
    109
    Last Refresh:
    May 11 at 1:06 pm

    Property Features for 17611 1ST STREET E

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Dock
    Dock
    1
    Standard status
    Active
    APN
    32-30-15-36360-004-0740
    Size
    3,800 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4420

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dajana Vladicic

    Listing agent Dajana Vladicic License #3602454

    Listing office COMPASS FLORIDA LLC 200 Central Ave, FL, FL

    Listing date Jan 22, 2026

    MLS# TB8467937 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.

    HighLights

    • To‑be‑built Hibiscus Model by AVENTIS Homes in Redington Shores, offering a custom luxury coastal home
    • Approximately 3,800+ sq ft with 5 bedrooms and 5 bathrooms, plus a 2‑car garage
    • Open‑concept living spaces with seamless indoor‑outdoor flow and multiple balconies
    • Reinforced concrete shell construction and elevated piling foundation designed for coastal conditions and storm resilience
    • Located in Redington Shores, offering direct access to pristine beaches and waterfront activities
    • Streamlined design‑build experience with professionally curated design packages

    Overview

    This property in Redington Shores presents an opportunity to build a Hibiscus Model home by AVENTIS Homes. The Hibiscus model features an open-concept floor plan designed to connect indoor and outdoor living spaces. The residence offers approximately 3,800+ square feet of living space, including 5 bedrooms, 5 bathrooms, and a 2-car garage, distributed across multiple levels. Interior features include open-concept living, kitchen, and dining areas, a primary suite with a private balcony, a spa-style bath, and a walk-in closet. The design incorporates a curated interior package paired with West Indies architecture, a luxury appliance package, premium plumbing fixtures, and designer lighting. Multiple balconies facilitate indoor-outdoor flow. The construction emphasizes durability and storm resilience with a reinforced concrete shell and an elevated piling foundation engineered to meet FEMA requirements and current building codes. High-performance materials and finishes are specified for coastal environments. Located on a barrier island in Pinellas County, Redington Shores offers access to beaches and proximity to dining, marinas, and waterfront activities, while remaining close to St. Petersburg and Tampa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Redington Shores
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7802
    Latitude
    27.8164

    Nearby Similar for Sale

    • $1,200,000
      2,113 SF

      Turn-Key Airbnb Triplex Villa

      Gulf-side triplex with hotel designation, steps from the beach.
      130 177TH TER W, REDINGTON SHORES, FL 33708
      View Details
    • $949,000
      2,406 SF

      Waterfront Triplex Redevelopment Opportunity

      Waterfront triplex in Redington Shores ready for redevelopment.
      18207 GULF BOULEVARD, REDINGTON SHORES, FL 33708
      View Details
    • $2,250,000
      6,021 SF

      Redington Shores Multifamily Investment Opportunity

      8-unit waterfront apartment building in desirable Redington Shores.
      18205 GULF BOULEVARD, REDINGTON SHORES, FL 33708
      View Details
    • $350,000

      Redington Shores Vacant Land

      Cleared lot ready for new beach home construction.
      211 176TH TERRACE DRIVE E, REDINGTON SHORES, FL 33708
      View Details
    • $949,000

      Waterfront Lot in Redington Shores

      Waterfront lot ready for redevelopment in Redington Shores, Florida.
      18207 GULF BOULEVARD, REDINGTON SHORES, FL 33708
      View Details
    • $399,000
      1,339 SF

      Redington Shores Triplex Opportunity

      Triplex in desirable beach community, hurricane damaged, sold as-is.
      638 180TH E AVENUE, REDINGTON SHORES, FL 33708
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land for custom luxury coastal home in Redington Shores.
    Where is this residential land & home lot located?
    The property is located at 17611 1ST STREET E Redington Shores, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: To‑be‑built Hibiscus Model by AVENTIS Homes in Redington Shores, offering a custom luxury coastal home; Approximately 3,800+ sq ft with **5 bedrooms and 5 bathrooms**, plus a 2‑car garage; **Open‑concept living spaces** with seamless indoor‑outdoor flow and multiple balconies
    (727) 452-4367
    We can help!
    Listing Contact
    Dajana Vladicic
    Real Estate License ID: 3602454
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17611 1ST STREET E, REDINGTON SHORES, FL 33708
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!