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    17820 Lee Avenue

    Redington Shores, FL 33708
    • $4,000,000
    • STATUS: Active
    • ON SITE: 43 days
    • MLS #: U8127324
    UPDATED: 22 min ago
    $4,000,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,162
      SQFT
    • $1,265
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Auction Property. AUCTION SALE AUGUST 14 at 11AM. Sale will be held at the property with viewing available from 9am sale day. THIS IS LIVE, ON-SITE AUCTION SALE. PROPERTY MAY SELL FOR MORE OR LESS THAN LIST PRICE. Nightly / Weekly rental property currently rents 83% of nights thus far in 2021 at an average of $2,600 per night. Net Operating Income currently pacing for more than $575,000 this year, has room for more upside with self management of property. P&Ls available upon request. Amazing investment opportunity for an income producing nightly/weekly beachfront rental. Located in Redington Shores your guests will enjoy their own private beach path in this 8 bed, 6 bath Key-West style masterpiece. The house is located on the only secluded beachfront overnight rental street from Clearwater to Treasure Island. TERMS & CONDITIONS: At the Auction, the winning bidder will place a $100,000.00 deposit with American Heritage Auctioneers, LLC, as escrow agent. Personal checks accepted. The balance is due at closing within 45 days. Seller will pay for the Title Insurance Policy, convey a Special Warranty Deed free and clear of all liens and debt. Seller will pay for the documentary stamps. All prorations will be as of the day before closing. A 10% Buyer premium will be added to the bid to create the purchase price.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-07-31T14:40:51.027.
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    17820 Lee Avenue Redington Shores, FL 33708

    • Price: $4,000,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: U8127324
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,162
    SQFT
    $1,265
    $/SQFT
    1980
    Built
    Neighborhood:
    Harbor Shores 3rd Add
    County:
    Pinellas
    Area:
    St Pete/Madeira Beach/N Redington Beach/Shores
    Property Description
    Auction Property. AUCTION SALE AUGUST 14 at 11AM. Sale will be held at the property with viewing available from 9am sale day. THIS IS LIVE, ON-SITE AUCTION SALE. PROPERTY MAY SELL FOR MORE OR LESS THAN LIST PRICE. Nightly / Weekly rental property currently rents 83% of nights thus far in 2021 at an average of $2,600 per night. Net Operating Income currently pacing for more than $575,000 this year, has room for more upside with self management of property. P&Ls available upon request. Amazing investment opportunity for an income producing nightly/weekly beachfront rental. Located in Redington Shores your guests will enjoy their own private beach path in this 8 bed, 6 bath Key-West style masterpiece. The house is located on the only secluded beachfront overnight rental street from Clearwater to Treasure Island. TERMS & CONDITIONS: At the Auction, the winning bidder will place a $100,000.00 deposit with American Heritage Auctioneers, LLC, as escrow agent. Personal checks accepted. The balance is due at closing within 45 days. Seller will pay for the Title Insurance Policy, convey a Special Warranty Deed free and clear of all liens and debt. Seller will pay for the documentary stamps. All prorations will be as of the day before closing. A 10% Buyer premium will be added to the bid to create the purchase price.
    Exterior Features

    Construction Materials BlockConcreteStuccoWood FrameWood Frame (Fsc Certified) Foundation Details Slab Lot Size Dimensions 60X122 Roof Metal Water Access Beach - PrivateBeach - PublicGulf/Ocean Water Access Yn Yes Water Extras Yn No Water Frontage Feet Beach Prvt 65 Water Frontage Feet Beach Pub 65 Water Frontage Feet Gulf Ocean 65 Water View BeachGulf/Ocean - Full Waterfront Features Beach - PrivateBeach - PublicGulf/Ocean Waterfront Feet Total 195 Waterfront Yn Yes

    Interior Features

    Appliances DishwasherDryerMicrowaveRefrigeratorWasher Cooling Central Air Flooring CarpetCeramic Tile Heating Central Levels Three Or More Sewer Public Sewer Stories Total 3 Water Source Public

    Property Features

    Additional Parcels Yn No Flood Zone Code Ae Listing Terms CashConventionalFha Net Operating Income 581286 New Construction Yn No Property Sub Type Business Special Listing Conditions Auction Tax Annual Amount 39026.04 Tax Year 2020 Total Num Buildings 1 Utilities Water Connected


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of American Heritage Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-07-31T14:40:51.027.
     
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