#1 • Beachfront Unique Money Making Home 12% Cap Rate Return

Part of 17820 Lee Ave, Redington Shores, FL 33708 (live auction by American Heritage Auctioneers)

High bid $4,450,000.00

Status: Sold

Amazing investment opportunity for an income producing 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. Nightly / Weekly rental property currently rents 83% of nights in 2021 at an average of $2,600 per night. NOI pacing for >575k this year, has room for more upside with self management of property. P&L’s available upon request