Is Redington Shores, FL a good place to invest in rental property?

Redington Shores, FL has a median modeled monthly cash flow of $-2,862 and a median cap rate of 1.1%, on a median sold price of $710,000. Prices changed +2.7% year over year.

What is the average cap rate in Redington Shores, FL?

The median cap rate across recently sold homes in Redington Shores, FL is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Redington Shores, FL?

The median sold price in Redington Shores, FL is $710,000 (about $386 per square foot).

Investing in Redington Shores, FL Real Estate

A data-driven snapshot of the Redington Shores, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$710,000Median sold price

$386Median $/sqft

1.1%Median cap rate

$-2,862Modeled cash flow / mo

+2.7%Appreciation YoY

19.5Months of supply

73Active listings

45Sold (last 12 mo)

What the Redington Shores numbers say

In Redington Shores, FL, the median home sold for $710,000 (about $386 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,862 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 19.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Redington Shores cash-flowing listings

CashFlowRE ranks every for-sale home in Redington Shores, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Redington Shores deals, or browse the national market data.