130 177th Ter W , Redington Shores, FL 33708

$1,200,000

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Property Description

TURN-KEY Airbnb triplex!! This rare Gulf-side investment opportunity offers a turn-key, three-unit beach villa positioned just one house away from a quiet, well-preserved stretch of sand. Located literally 50 steps from the front door with no busy streets to cross, the property is perfectly situated within easy walking distance of local dining, shopping, and entertainment. Most importantly for the savvy investor, this stand-alone multifamily asset holds a COVETED HOTEL DESIGNATION, allowing for LEGAL DAILY RENTALS. This scarcity in the market significantly enhances yield potential by capturing high-margin short-term vacation traffic. With no condo association fees or restrictive rules to navigate, you maintain full control over your operations and overhead.The property is fully modernized and designed for immediate occupancy and cash flow, featuring a spacious 1,089 sq. ft. 2-3 bedroom upstairs owner's suite (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. NEW (2026) roof will be installed prior to closing.This is a true turn-key acquisition, sold inclusive of all new 2026 furnishings, décor, housewares, and window treatments. Each unit is equipped with its own dedicated washer and dryer to maximize guest convenience and minimize management friction. Exterior amenities include five off-street parking spaces, private patios for the lower units, an outdoor shower, and a professionally landscaped common area. For those seeking a hands-off transition, established cleaning service referral is available upon request to ensure your ROI begins the moment you close.

130 177th Ter W | MLS# O6390736

This multi-family property located at 130 177th Ter W , Redington Shores, FL 33708 is currently listed for sale with an asking price of $1,200,000. Search Redington Shores real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Other
Lot Size: 0.07 Acres
Roof Type: Other
Stories: 2.0
Taxes: $9,473
Year Built: 1957
Square Feet: 2,113

Amenities

Ceiling Fans(s)
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Window Treatments
Balcony
Other
Outdoor Shower
Private Entrance

Feature Descriptions

Annual Net Income: 98000.00
Directions: From Gulf Blvd go west on 177th Terrace W. The property is on the left.
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Carpet, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.07
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Ground Level, Open
Parking Notes: Ground Level, Open
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, No Lockbox, See Remarks
Special Sale Provisions: None
Units: 3
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds, Storm Window(s)
Zoning: MULTI UNIT

Listed By / Shown By

Listed By

Agency Name: ALL FLORIDA PREMIER REALTY GROUP LLC
Agency Contact: 407-473-8193

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 6,926.00 per month $5,786.58 Principal & Interest $789.42 Property Tax $350.00 Homeowner's Insurance

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