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Prime 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 scenario"”ideal 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.
| DAYS ON MARKET | 13 | LAST UPDATED | 4/22/2026 |
|---|---|---|---|
| TRACT | GAY SHORES | YEAR BUILT | 1950 |
| COMMUNITY | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| AREA | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
| CONSTRUCTION | Block |
| EXTERIOR | Outdoor Shower, Private Entrance, Private Yard, Rain Gutters, Storage |
| HEAT | Heat Pump, Space Heater |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | Landscaped, Paved |
| LOT DIMENSIONS | 60x84 |
| PARKING | Deeded, Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Cottage, Florida, Patio Home |
| SUBDIVISION | GAY SHORES |
| TAXES | 4580.85 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jenny Schmidt, SMITH & ASSOCIATES REAL ESTATE, 727-342-3800
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/28/26 9:38 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.