Savvy investors take note-this legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income-producing coastal retreat!Welcome to your fully furnished waterfront pool home in Redington Beach, where mid-century modern design meets high-performing short-term rental potential. Whether you're searching for a cash-flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box.Completely remodeled and...Savvy investors take note-this legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income-producing coastal retreat!Welcome to your fully furnished waterfront pool home in Redington Beach, where mid-century modern design meets high-performing short-term rental potential. Whether you're searching for a cash-flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box.Completely remodeled and move-in ready, this 2-bedroom waterfront home is designed for maximum guest appeal and five-star reviews. The open-concept layout features a chef's kitchen with quartz countertops, white shaker cabinetry, and premium finishes, flowing seamlessly into a bright living space with wall-to-wall sliders showcasing stunning water views-a major booking driver for vacation guests.The primary suite offers an en-suite bathroom and dual closets, creating a private, upscale retreat, while the guest bedroom and bath provide comfort and privacy for additional occupants-ideal for maximizing occupancy and nightly rates.Step outside to your private waterfront oasis, where a sparkling pool, tropical landscaping, and expansive patio create the ultimate Florida vacation experience. The private dock with direct water access is perfect for kayaking, paddleboarding, or fishing-highly desirable amenities that increase rental demand and nightly pricing.Additional highlights include a 550 sq ft oversized garage-perfect for storing beach gear, bikes, and owner storage-with future potential for value-add improvements (subject to local regulations).Located in Redington Beach, a highly sought-after, residential beach community, this property benefits from strong short-term rental demand, limited inventory, and proximity to the Gulf of Mexico. Guests will love the easy beach access via the residents-only parking and walkway, just a short stroll away-another key feature that drives bookings.Turnkey. Waterfront. Income-producing.Opportunities like this-combining lifestyle + ROI-rarely hit the market.
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Agency Name: ENGEL & VOLKERS MADEIRA BEACH
Agency Contact: 727-394-7365
Agent Name: David Christ, Jr.
Presented by
Agency Title: Illustrated Properties
Agency Phone: (239) 596-2520
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402 161st Avenue, Redington Beach, FL 33708.
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