







No similar rental properties found nearby.

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


Rental property for sale in Redington Shores at 17980 Gulf Blvd APT 403, Redington Shores, FL, 33708 generates $4,772/mo in rent, after a $4,628/mo payment. Total monthly income is $4,772/mo. Return on cash invested sits at 9.63% in year one, and rental yield is 6.06% on a $945,500 entry. Equity gained on principal adds $6,101/yr, while 5% annual appreciation builds toward $261,224 over five years. Five-year ROI reaches 49.99% and total cumulative return in cash sums $155,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,772/mo property income rather than buyer’s personal income.
Condo
Built in 1981
0.25 Acres lot
$N/A/sqft
$1,200 monthly 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 |
|---|---|---|
| 2025-02-03 | Listed for sale | $945,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | $2523.33 | 2.98% | $207,478 | 3.00% |
| 2022-02-12 | $2450.37 | -1.80% | $201,435 | 3.00% |
| 2021-02-12 | $2495.38 | 0.12% | $195,568 | 1.40% |
No similar rental properties found nearby.



Listed by: Sam Matcha • ENGEL & VOLKERS BELLEAIR
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8346146
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511