








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 501, Redington Shores, FL, 33708 generates $3,780/mo in rent, after a $4,405/mo payment. Total monthly income is $3,780/mo. Return on cash invested sits at 6.31% in year one, and rental yield is 5.04% on a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 32.25% and total cumulative return in cash sums $95,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,780/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 |
|---|---|---|
| 2025-01-24 | Listed for sale | $900,000 |
| 2005-08-24 | Sold | $715,000 |
| 2005-03-31 | Sold | $610,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | $5236.45 | 2.58% | $387,381 | 3.00% |
| 2022-02-12 | $5104.69 | -2.17% | $376,098 | 3.00% |
| 2021-02-12 | $5218.16 | -0.07% | $365,144 | 1.40% |



Listed by: Pete Doiron • DOIRON REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8342520
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