Commercial property in Redington Shores, Florida 130.06 sq.m. № 2310043

Property description

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.