"17800 Gulf Blvd is a rare investment opportunity located on a highly visible corner lot in the vibrant waterfront town of Redington Shores, Florida. Just steps from the Gulf of Mexico, this 12 unit multifamily property offers a blend of immediate income, value add upside, and redevelopment potential in one of Floridas most desirable beach markets. In 2025, 8 of the 12 units were renovated, creating clean and appealing living spaces. 8 units are currently occupied, generating strong in place cash flow. The remaining 4 units are offered as is, having sustained damage from a previous hurricaneperfect for investors seeking to add value through strategic renovations. The property was previously listed on Booking.com, highlighting its history as a short term rental destination. With the right repositioning, theres potential to reintroduce the property into the short term rental market, pending local regulations and approvals."