17820 Lee Avenue, Redington Shores, FL 33708

$4,000,000
8
BD
6
BA
3,162
SqFt
List Price
$4,000,000
Status
Pending
Days on Market
102
MLS#
U8127258
Property Style
Single Family
Architectural Style
Key West
Year Built
1980
Bedrooms
8
Bathrooms
6
Living Area
3,162
Lot Size
6,795
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Harbor Shores 3rd Add
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

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.

Additional Information

Taxes
$39026
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
Three+ Story
Interior Layout
Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Dormitorio Principal Arriba
Interior Features
Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Dormitorio Principal Arriba
Floor
Carpet, Ceramic Tile, Travertine, Wood
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
Heating
Central
Air Conditioning
Central Air
Room Dimensions
Master Bedroom: 15x14, Dining Room: 14x20, Great Room: 20x24, Kitchen: 16x24
Exterior Construction
Block, Concrete, Stucco, Wood Frame, Wood Frame (FSC Certified)
Exterior Features
Balcony, Hurricane Shutters, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors, Storage
Roof
Metal
Foundation
Slab
Pool
Private
Pool Type
Heated, In Ground, Outside Bath Access
Garage Carport
4 Car Garage
Garage Spaces
4
Water View
Beach, Gulf/Ocean - Full
Water Access
Beach - Private, Beach - Public, Gulf/Ocean
Water Frontage
Beach - Private, Beach - Public, Gulf/Ocean
Flood Zone Code
AE
Parcel ID
31-30-15-36342-000-0100
Legal Description
HARBOR SHORES 3RD ADD LOT 10 AND N 1/2 OF LOT 9

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of AMERICAN HERITAGE REALTY.

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