16129 4TH STREET E at

16129 4TH STREET E

For sale Days on market 129

$1,049,000

$735/sq ft

$50,999
Price Decreased

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Overview

Bedroom

Bath

Year Built

1955

Garage

Sqft

1428

Property Type

Single Family Residence

Property Description

WATERFRONT VACATION RENTAL POTENTIAL | 1031 EXCHANGE OPPORTUNITY | INCOME-PRODUCING COASTAL PROPERTY | Looking for a high-performing short-term rental, 1031-Exchange replacement property, or a home with income potential? This Redington Beach waterfront home delivers the ideal combination of cash flow, appreciation, and personal-use flexibility. Situated on an EXCEPTIONALLY WIDE deep-water canal, this fully updated property offers direct boating access to the Intracoastal Waterway and the Gulf—just minutes to John’s Pass. A private dock (full replacement 2022) and well-maintained seawall (full replacement 2003) make this a turnkey option for boating enthusiasts and vacation guests alike. Inside, the open-concept floor plan is designed for both entertaining and maximizing rental appeal. The renovated kitchen features granite countertops, custom cabinetry, a large breakfast bar, and dedicated beverage station—ideal for hosting guests. Both bathrooms have been tastefully updated with modern, spa-inspired finishes. Major upgrades include a metal roof (2017), hurricane-impact windows (2022), and storm shutters, offering durability and potential insurance advantages. Solar panels (assumable, low monthly cost) provide energy efficiency and long-term savings—an attractive feature for investors focused on operating margins. Step outside to a private tropical oasis complete with a saltwater pool (installed 2017), low-maintenance xeriscape landscaping, and a spacious covered waterfront patio (13’x27’)—perfect for outdoor dining and sunset views that drive strong guest satisfaction. Located in Redington Beach, a vacation rental-friendly community, this property is ideally positioned between Clearwater Beach and St. Pete Beach, with convenient access to dining, shopping, and entertainment at John’s Pass Village. Projected 7%+ cap rate with strong short-term rental income potential. Ideal for 1031-Exchange buyers seeking passive income and long-term appreciation, with the added benefit of personal-use flexibility. This is a rare opportunity to acquire a turnkey waterfront investment property in one of Florida’s most desirable beach markets. Schedule your private showing today and secure your next income-producing coastal asset!

Property Details

MLS#

TB8452580

Garage

Total Floor in Bldg

Address

16129 4TH

City

REDINGTON BEACH

State/county

Zip/Postal Code

33708

Area

Redington Beach Homes 6th Add

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,262

Maint Fee

$--

Tax Year

2025

Built-In Oven

Cooktop

Dishwasher

Dryer

Electric Water Heater

Microwave

Refrigerator

Washer

Water

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