$4,450,000

About This Property

Auction Property. 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. 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. 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.

infoProperty Details

Property Type

Single Family Residence

Year Built

1980

Living Area

3,162 sqft

Lot Size

0.16 acres

Bedrooms

8

Bathrooms

6

Garage Spaces

4

Ownership

Fee Simple

Days on Market

chairInterior Features

yardExterior & Lot

Listed By

AMERICAN HERITAGE REALTY

727-726-7272