Debbie Kleinman
SMITH & ASSOCIATES REAL ESTATE
(727) 732-6107
40 Total Sales
1 in Redington Beach
$4,120,091 Price
Estimated Value: $975,161
WATERFRONT VACATION RENTAL POTENTIAL | 1031 EXCHANGE OPPORTUNITY | INCOME-PRODUCING COASTAL PROPERTY | PROJECTED 12.3% CAP RATE Looking for a high-performing short-term rental, 1031-Exchange replacement property, or a home with income potential? This Redington Beach waterfront home delivers the ideal combination of cash flow, appreciation, and personal-use flexibility. Situated on an EXCEPTIONALLY WIDE deep-water canal, this fully updated property offers direct boating access to the Intracoastal Waterway and the Gulf—just minutes to John’s Pass. A private dock (full replacement 2022) and well-maintained seawall (full replacement 2003) make this a turnkey option for boating enthusiasts and vacation guests alike. Inside, the open-concept floor plan is designed for both entertaining and maximizing rental appeal. The renovated kitchen features granite countertops, custom cabinetry, a large breakfast bar, and dedicated beverage station—ideal for hosting guests. Both bathrooms have been tastefully updated with modern, spa-inspired finishes. Major upgrades include a metal roof (2017), hurricane-impact windows (2022), and storm shutters, offering durability and potential insurance advantages. Solar panels (assumable, low monthly cost) provide energy efficiency and long-term savings—an attractive feature for investors focused on operating margins. Step outside to a private tropical oasis complete with a saltwater pool (installed 2017), low-maintenance xeriscape landscaping, and a spacious covered waterfront patio (13’x27’)—perfect for outdoor dining and sunset views that drive strong guest satisfaction. Located in Redington Beach, a vacation rental-friendly community, this property is ideally positioned between Clearwater Beach and St. Pete Beach, with convenient access to dining, shopping, and entertainment at John’s Pass Village. Projected 13% cap rate with strong short-term rental income potential. Ideal for 1031-Exchange buyers seeking passive income and long-term appreciation, with the added benefit of personal-use flexibility. This is a rare opportunity to acquire a turnkey waterfront investment property in one of Florida’s most desirable beach markets. Schedule your private showing today and secure your next income-producing coastal asset!
Last Agent to Sell the Property
ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3573014 Listed on: 12/01/2025
Co-Listed By
ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3572764
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Debbie Kleinman
SMITH & ASSOCIATES REAL ESTATE
(727) 732-6107
40 Total Sales
1 in Redington Beach
$4,120,091 Price
Tony Baroni
KELLER WILLIAMS SUBURBAN TAMPA
(813) 437-1985
1,291 Total Sales
1 in Redington Beach
$785,000 Price
Tiffany McAlister
COMPASS FLORIDA LLC
(417) 409-2201
130 Total Sales
1 in Redington Beach
$490,000 Price
Bruce Erbeck
RE/MAX ACTION FIRST OF FLORIDA
(727) 472-9921
54 Total Sales
1 in Redington Beach
$390,000 Price
Kelly Jamruk
PHELPS REALTY GROUP
(727) 513-7445
84 Total Sales
2 in Redington Beach
$625K - $730K Price Range
Sarah Strobel
FLORIDA DRIVEN REAL ESTATE
(727) 472-9640
45 Total Sales
3 in Redington Beach
$380K - $680K Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $985,000 | Fidelity National Title Of Flo | ||
| Christ David G | -- | Attorney | |
| Christ Sr David G | $310,000 | -- | |
| Loyal Charles J | $156,000 | -- | |
| Barach Ann L | $130,000 | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $719,050 | ||
| Previous Owner | Christ David G | $100,000 | |
| Previous Owner | Christ Sr David G | $200,000 | |
| Previous Owner | Christ Sr David G | $45,200 | |
| Previous Owner | Christ Sr David G | $288,400 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | Sold | $985,000 | -6.1% | $690 / Sq Ft |
| 04/25/2026 04/25/26 | Pending | -- | -- | -- |
| 03/24/2026 03/24/26 | Price Changed | $1,049,000 | -2.4% | $735 / Sq Ft |
| 01/27/2026 01/27/26 | Price Changed | $1,075,000 | -2.2% | $753 / Sq Ft |
| 12/22/2025 12/22/25 | Price Changed | $1,099,000 | -0.1% | $770 / Sq Ft |
| 12/01/2025 12/01/25 | For Sale | $1,099,999 | -- | $770 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,440 | $330,634 | ||
| 2024 | $4,528 | $348,183 | ||
| 2023 | $4,528 | $338,042 | $0 | $0 |
| 2022 | $4,229 | $316,270 | $0 | $0 |
| 2021 | $4,318 | $307,058 | $0 | $0 |
| 2020 | $4,319 | $302,819 | $0 | $0 |
| 2019 | $4,253 | $296,011 | $0 | $0 |
| 2018 | $4,162 | $288,075 | $0 | $0 |
| 2017 | $4,139 | $282,150 | $0 | $0 |
| 2016 | $4,117 | $276,347 | $0 | $0 |
| 2015 | $4,224 | $274,426 | $0 | $0 |
| 2014 | $4,207 | $272,248 | $0 | $0 |
Seller's Agent in 2026
David Christ, Jr.
ENGEL & VOLKERS MADEIRA BEACH
(727) 492-6672
40 Total Sales
JH
Seller Co-Listing Agent in 2026
Joshua Howard
ENGEL & VOLKERS MADEIRA BEACH
(727) 851-0142
27 Total Sales
Buyer's Agent in 2026
Gregory Steiniger
EXP REALTY LLC
(727) 410-7482
64 Total Sales
Source: Stellar MLS
MLS Number: TB8452580
APN: 04-31-15-73962-001-0240
Ask me questions while you tour the home.