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    Triplexes

    638 180Th Ave E Redington Shores, FL 33708

    1,339 SF Built 1952
    Property ID
    US18-9742449
    638 180Th Ave E, Redington Shores, FL 33708 For Sale 1 / 21
    $399,000 1,339 SF
    638 180Th Ave E, Redington Shores, FL 33708
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    AI-generated overview

    A great opportunity to purchase a multi family lot, well located in the desirable Redington Shores beach community - Licensed and operated as a triplex for many years; all units are 1 bedroom/1 bath - The total building square footage is about 1,339, and it was built in 1952 with block construction - The lot size is about 47' x 90', with the Gulf of Mexico beaches within short walking distance - The building was heavily damaged during the recent hurricane, and the property is being sold where is, as is - In the RS10 Medium Low Density zoning district, but Redington Shores may allow for 3 new units to be built as per grandfather status; maximum 30' height - This property had recent storm damage and all buyers are encouraged to research the condition and terms to restore the property with the proper municipal authorities.

    Property profile
    Verified
    Property type Triplexes
    Year built 1952
    Total area 1,339 SF
    UPID US18-9742449
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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    638 180Th Ave E, Redington Shores, FL, 33708
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