Commercial Sale · Multi Family (5+)
18205 GULF BOULEVARD, REDINGTON SHORES, FL, 33708
Active339 days on marketListed Sep 2, 2025MLS #TB8423471
About this property
The property at a glance
Rare opportunity to purchase an 8 unit apartment building directly on the intracoastal waterway located in the highly desirable Redington Shores beach community - Four are 1br/1ba, and four are 2br/1ba; all have been recently remodeled, and 4 are fully furnished - Currently operated as annual leases, they could be short term rentals, but at a minimum of thirty days at a time - roof is brand new and all A/C units are under 3 years old - Many possibilities here, as the units could be condo converted, or combined with the adjacent 18207 land as a redevelopment site
7,394
Building sq ft
$264
Price / sq ft
0.23
Lot acres
1972
Year built
1
Building
Multi Family (5+)
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$11,635/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
15,306
Population
$83,773
Median income
61.1
Median age
1.9
Avg household
$463,700
Median home value
$1,961/mo
Median rent
600
Households w/ kids
Recent sales
What actually sold near 18205 GULF BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$575,000
107 145TH AVENUE E
3,706 sqft · $155/sqft · Sold May 29, 2026
$1,500,000
8200 SEMINOLE BOULEVARD
6,850 sqft · $219/sqft · Sold Dec 16, 2025
$800,000
10410 SEMINOLE BOULEVARD
4,910 sqft · $163/sqft · Sold May 2, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 18205 GULF BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 18205 GULF BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE · Patrick Calhoon. MLS #TB8423471.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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