$4,800,000
$700K PRICE DROP

18218 Sunset Blvd Unit B Redington Shores, FL 33708

Estimated payment $26,250/month

Total Views 17,896
0.23 Acre
$20,869,565 Price per Acre
10,710 Sq Ft Lot

Highlights

  • 51 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Property is near public transit
  • Bauder Elementary School Rated A-
  • Full Gulf or Ocean Views
  • 2-minute walk to Redington Shores Beach Access

About This Lot

HUGE price improvement: A rare opportunity has arrived in Redington Shores: Tear down or rehab a direct Gulf-front property offering unparalleled potential for both luxury living and lucrative investment. For the first time in over 30 years, this prime piece of real estate is available to the market. Currently zoned as a condo, the property has been cherished as a family vacation retreat, with two spacious units totaling 2,750 sq. ft. of living space—each featuring 3 bedrooms and 2 bathrooms. The existing structure boasts a large parking pad, two one-car garages, and under-building storage, adding functionality to its enviable beachfront location. There is over 50 feet of Gulf frontage and a Sea Wall Already in place and the City provides a Beach scraper to keep the beach front view clean and free of debris.

Another rare advantage: this property does not back up to Gulf Boulevard, providing a quieter, more private atmosphere with Constitution Park buffering the rear of the property, which has a dog walk, playground and town sponsored cookouts and events for residents. Just steps away, you’ll find the beach trolley, bus stops, local favorites like Candy Kitchen, Coco Wood Grill, Friendly Tavern, and Broke N Board, plus easy access to restaurants, coffee shops, and the famous Beach Pizza. The lot itself, just under a quarter acre (see attached survey), offers impressive development potential. The City of Redington Shores allows underground parking/storage and up to two floors of buildable space, with the potential for a third floor with variance approval.

The possibilities are endless: design a spectacular 2,500+ sq. ft. Gulf-front penthouse for your own use while generating income from luxury rental units below, or create a boutique Gulf-front development perfectly tailored for today’s high-end buyers and investors. Possibly two smaller buildings with a variance? All this, while being only 30 minutes to Tampa—home of the Buccaneers, Tampa Bay Lightning, the Rays, fine dining, international shopping, Broadway-caliber theater, and an international airport. Just minutes away, St. Pete offers a vibrant nightlife and its iconic new pier, while Clearwater Beach adds yet another world-class destination to the mix.

Listing Agent

Catherine Delorenzo

REALTY EXPERTS Brokerage Phone: 727-888-1000 License #3080632 Listed on: 08/05/2025

REALTY EXPERTS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,613

Lot Details

  • 10,710 Sq Ft Lot
  • Lot Dimensions are 210x51
  • 51 Feet of Ocean or Gulf Waterfront
  • West Facing Home
  • 2 Lots in the community
  • Additional Parcels

Schools

  • Bauder Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Full Gulf or Ocean Views
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 31-30-15-88291-000-0010

Community Details

Overview

  • No Home Owners Association
  • Sunset Villa Condo Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Property is near a marina
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$9,613

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10710
  • Number Of Lots: 2
  • Status: Active
  • Ownership: Condominium
  • Escrow State: FL
  • RATIO Current Price By Calculate: 448.18
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 727-888-1000
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean
  • Water Extras: Seawall - Concrete
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 51
  • Water Frontage Feet Gulf Ocean: 51

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Phone Available, Sewer Available, Sewer Connected, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Bauder Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Zoning: RES
  • Parcel Number: 31-30-15-88291-000-0010
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: CoastalConstruction Control Line, Near Marina, Near Public Transit, Paved
  • Lot Dimensions: 210X51
  • Flood Zone Code: AE

Tax Info

  • Tax Annual Amount: 9612.57
  • Tax Block: 00
  • Tax Book Number: 85-10

Multi Family

  • Waterfront Features: Gulf/Ocean

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $9,040 $671,191 -- $671,191
2023 $9,040 $628,274 $0 $628,274
2022 $8,035 $529,990 $0 $529,990
2021 $7,706 $479,936 $0 $0
2020 $7,324 $448,728 $0 $0
2019 $7,179 $441,187 $0 $441,187
2018 $6,541 $393,795 $0 $0
2017 $6,016 $352,632 $0 $0
2016 $5,727 $329,767 $0 $0
2015 $5,354 $297,152 $0 $0
2014 -- $291,193 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2025 10/05/25 Price Changed $4,800,000 0.0% --
10/05/2025 10/05/25 For Sale $4,800,000 -12.7% --
10/02/2025 10/02/25 Off Market $5,500,000 -- --
08/05/2025 08/05/25 For Sale $5,500,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Deed Of Distribution $100 None Listed On Document
Deed Of Distribution $100 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

About the Listing Agent

Catherine Delorenzo

REALTY EXPERTS

(844) 741-0304

Section Image

Cathy began her Real Estate career in 2003 after moving to Pinellas County from Niagara Falls, Canada with her husband and three beautiful daughters. Growing up in New York State, she truly appreciates all Florida has to offer, and Raising her girls with A+ schools, tons of activities and a short drive to amusement parks, camping, and the beach has given them so much opportunity. Having always been drawn to the housing market, Real Estate was a natural fit and Cathy hit the ground running being

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Source: Stellar MLS

MLS Number: TB8414300

Stellar MLS

APN: 31-30-15-88291-000-0010