402 161st AvenueRedington Beach, FL 33708Price: $999,000

Savvy investors take note-this legal vacation rental is projected to deliver a cap rate of 8.5%+ while offering a FULLY FURNISHED/TURNKEY, income-producing coastal retreat! Welcome to your fully furnished waterfront pool home in Redington Beach, where mid-century modern design meets high-performing short-term rental potential. Whether you're searching for a cash-flowing Airbnb/VRBO investment or a personal beach getaway that pays for itself, this property checks every box. Completely remodeled and move-in ready, this 2-bedroom waterfront home is designed for maximum guest appeal and five-star reviews. The open-concept layout features a chef's kitchen with quartz countertops, white shaker cabinetry, and premium finishes, flowing seamlessly into a bright living space with wall-to-wall sliders showcasing stunning water views-a major booking driver for vacation guests. The primary suite offers an en-suite bathroom and dual closets, creating a private, upscale retreat, while the guest bedroom and bath provide comfort and privacy for additional occupants-ideal for maximizing occupancy and nightly rates. Step outside to your private waterfront oasis, where a sparkling pool, tropical landscaping, and expansive patio create the ultimate Florida vacation experience. The private dock with direct water access is perfect for kayaking, paddleboarding, or fishing-highly desirable amenities that increase rental demand and nightly pricing. Additional highlights include a 550 sq ft oversized garage-perfect for storing beach gear, bikes, and owner storage-with future potential for value-add improvements (subject to local regulations). Located in Redington Beach, a highly sought-after, residential beach community, this property benefits from strong short-term rental demand, limited inventory, and proximity to the Gulf of Mexico. Guests will love the easy beach access via the residents-only parking and walkway, just a short stroll away-another key feature that drives bookings. Turnkey. Waterfront. Income-producing. Opportunities like this-combining lifestyle + ROI-rarely hit the market.