





Listed by: David Timmons • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls ID: #TB8410418





Investment property for sale in Redington Shores at 17940 Gulf Blvd APT 17C, Redington Shores, FL, 33708 listed at $1,495,000 pairs $5,608/mo rent with a $7,317/mo payment. Total monthly income runs $5,608/mo. Return on cash invested measures 9.69% in year one, and rental yield registers 4.5% at a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and annual property appreciation at 5% supports $413,041 by year five. Five-year ROI tracks 48.52% and total cumulative return in cash totals $235,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,608/mo property income relative to a $7,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
Date | Event | Price |
|---|---|---|
| No price history data available | ||

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||