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$985,000
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Property Description
WATERFRONT VACATION RENTAL POTENTIAL | 1031 EXCHANGE OPPORTUNITY | INCOME-PRODUCING COASTAL PROPERTY | PROJECTED 12.3% CAP RATE 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 13% 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!
Full Property Details
Full Property Details for 16129 4th St E
General
- Sold For: $985,000
- Taxes: $4,262 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8452580
- Added to Site: 194 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 6
- Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Window Treatments
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fiberglass, Heated, In Ground, Salt Water
Exterior
- Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sliding Doors
- Deck/Patio: Covered, Patio, Porch, Rear Porch
- Porch/Patio/Deck: Covered, Patio, Porch, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, Garage Door Opener, Off Street
Location
- Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- County: Pinellas
- Development Name: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Subdivision: REDINGTON BEACH HOMES 6TH ADD
- Driving Directions: From Gulf Blvd. turn onto 161st Ave. Go thru first stop sign, across the 'causeway' and make the first left onto 4th St. E. to address on right.
- Direction Faces: South
School Information
- Elementary School: Bauder Elementary-PN
- Middle School: Seminole Middle-PN
- High School: Seminole High-PN
Community
- Community Name: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Sprinkler Recycled, Street Lights
Structural Information
- Architectural Info: Florida, Key West, Ranch
- Architectural Style: Florida, Key West, Ranch
- Exterior Const.: Block, Stucco
- Roof: Metal
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Low-Emissivity Windows, Storm Window(s)
- Stories/Levels: One
- Square Feet: 1,428
- Sq. Ft. Source: Public Records
- Living Area: 1,428 Sq. Ft.
- Year Built: 1955
Lot Features
- Property View: Water
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,900
- Lot Size: 6900
- Lot Dimensions: 60 x 115
- Frontage: Street Dead-End
- Street/Road Desc.: Paved
- Fencing (Description): Vinyl
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater, Intracoastal Waterway
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal, Canal Front, Intracoastal Waterway
Green Features
- Energy Efficient: Windows
- Energy Generation: Solar
- Indoor Air Quality: Ventilation
- Water Conservation: Irrigation-Reclaimed Water, Low-Flow Fixtures
Financial Considerations
- Tax Amount: $4,262
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: REDINGTON BEACH HOMES 6TH ADD BLK 1, LOT 24 & RIP RTS
- Flood Zone Info: AE
- APN: 43115739620010240
- Property ID: 43115739620010240
- Block/Lot/Section: 1
Listed by Engel & Volkers Madeira Beach
Sold by Exp Realty Llc
Get Pre-Approved Today
Schools
Schools serving 16129 4th St E
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Bauder Elementary School 12755 86th Avenue North, Seminole, FL 33776 | PK-5 | 2.6 mi |
Seminole Middle School, Seminole, FL 8701 131st Street North, Seminole, FL 33776 | 6-8 | 2.5 mi |
Seminole High School, Seminole, FL 8401 131st Street North, Seminole, FL 33776 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16129 4th St E
Date
Details
Price
Change
Source
6/05/2026
Sold
$985,000
-6.1%
MLS
3/24/2026
Price Reduced
$1,049,000
-2.42%
MLS
1/27/2026
Price Reduced
$1,075,000
-2.18%
MLS
12/22/2025
Price Reduced
$1,099,000
-0.09%
MLS
12/01/2025
Listed
$1,099,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16129 4th Street E, Redington Beach, FL 33708 (MLS# TB8452580) is a Single Family property that was sold at $985,000 on June 05, 2026. Want to learn more about 16129 4th Street E? Do you have questions about finding other Single Family real estate for sale in Redington Beach? You can browse all Redington Beach real estate or contact a Coldwell Banker agent to request more information.

