Redington Shores - Beach Property For Sale #7406184

TURN-KEY triplex with HOTEL DESIGNATION!! This rare Gulf-side investment opportunity offers a turn-key, three-unit beach villa positioned just one house away from a quiet, well-preserved stretch of sand. Located literally 50 steps from the front door with no busy streets to cross, the property is perfectly situated within easy walking distance of local dining, shopping, and entertainment. Most importantly for the savvy investor, this stand-alone multifamily asset holds a COVETED HOTEL DESIGNATION, allowing for LEGAL DAILY RENTALS. This scarcity in the market significantly enhances yield potential by capturing high-margin short-term vacation traffic. With no condo association fees or restrictive rules to navigate, you maintain full control over your operations and overhead.The property is fully modernized and designed for immediate occupancy and cash flow, featuring a spacious 1,089 sq. ft. 2-3 bedroom upstairs owner's suite (remodeled in 2019) and two 512 sq. ft. downstairs 1-bedroom units. These lower units underwent a comprehensive renovation completed in January 2026, including major bathroom updates with new tubs and tile, and full kitchen overhauls featuring new cabinetry, granite countertops, and appliances. The building's mechanical integrity is robust, boasting a total electrical rewire and new panels, updated plumbing, three new hot water heaters (2025), and a mix of new central AC and mini-split systems (2025). Structural peace of mind is provided by hurricane-impact windows and replaced underground drainage systems. NEW (2026) roof will be installed prior to closing.This is a true turn-key acquisition, sold inclusive of all new 2026 furnishings, decor, housewares, and window treatments. Each unit is equipped with its own dedicated washer and dryer to maximize guest convenience and minimize management friction. Exterior amenities include five off-street parking spaces, private patios for the lower units, an outdoor shower, and a professionally landscaped common area. For those seeking a hands-off transition, established cleaning service referral is available upon request to ensure your ROI begins the moment you close.