About 122 Coral Avenue
Prime Investment Opportunity: Fully Renovated ~ 8 unit ~ Airbnb Property Steps from the Beach Nestled less than 450 feet from public beach access, this exceptional property offers an unparalleled opportunity for short-term rental success. Zoned Commercial Tourist Facilities (CTF), it is approved for nightly rentals, making it the perfect choice for an investor looking for passive income along the Gulf Coast Beaches. Property Highlights; Complete Renovation: This property has been meticulously upgraded, including a durable aluminum PVD-plated roof, custom impact-resistant windows, and a full electrical rewire with new panels for optimal safety. Gourmet Kitchens & Spa-Inspired Bathrooms. Each unit features a sleek, European-style kitchen with quartz countertops, glass backsplashes, and premium appliances. The bathrooms have been tastefully updated, new showers, vanities, and modern fixtures. Premium Finishes: No detail has been overlooked, from the Stiebel tankless water heaters and new mini-split AC systems in 7 of the 8 units to the eco-friendly Cali bamboo long plank flooring. Cohesive Aesthetic: Every unit shares a uniform, coastal luxury design with the same exquisite materials, including a newly installed permeable paver system and durable new stucco with advanced lathe for long-lasting results. Outdoor Potential: The property is primed for additional amenities, with power already run underground for a 12-person hot tub in the beautiful central courtyard. There is also ample space to add a pool or spa/hot tub. Ideal Location: Situated within a block of several popular restaurants and bars, this property also features 8 on-site parking spots for added convenience. With its impeccable design, unbeatable location, and turn-key status, this property is a prime opportunity for generating substantial income through short-term rentals. Dont miss out on your chance to own this stunning slice of coastal paradise! (PORTFOLIO PACKAGE AVAILABLE; Property can be purchased with 2116/2114 1st St, Indian Rocks Beach, and/or 2605 Bay Blvd, Indian Rocks Beach)
Features of 122 Coral Avenue
| MLS® # | TB8398480 |
|---|---|
| Price | $2,900,000 |
| Bedrooms | 5 |
| Bathrooms | 8.00 |
| Square Footage | 3,354 |
| Acres | 0.15 |
| Year Built | 1951 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Listing Details
| Office | CENTURY 21 BEGGINS |
|---|
Listing Map
Neighborhood Information for 122 Coral Avenue
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Lift Academy Private - Kindergarten to 12Th Grade |
1 Miles | |
|
Seminole High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles | |
|
Seminole Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
2 Miles | |
|
Bauder Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
2 Miles | |
|
|
Career Academies Of Seminole Public - 9Th Grade to 12Th Grade |
2 Miles | |
|
|
Blessed Sacrament Catholic School Catholic - Preschool to 8Th Grade |
2 Miles | |
|
|
Bay Pines Lutheran School Private - Kindergarten to 8Th Grade |
2 Miles |
School data provided by GreatSchools