$649,000

Description

Located just 50 yards from the Gulf of Mexico in a private, resident-only beach this professionally remediated and structurally sound beach bungalow is ready for final renovations. Although damaged during Hurricane Helene, it presents an exceptional canvas for investors, builders, or visionary buyers to restore or reinvent this coastal retreat. With the property’s non-substantial damage assessment approved, you can choose to remodel the existing ground-floor dwelling, elevate and renovate, or demolish. The retrospective appraisal on file allows for renovations before hitting FEMA 50/50 rule. Land Elevation Certificate 4.3ft. The 7,020-sq. ft. lot (117' deep × 60' wide) lot is unencumbered (no easements or swale), features dozens of mature palm trees, and sits on a sturdy coral reef (no land fill). EXISTING STRUCTURE INTERIOR flood-remediated: Walls removed to 4ft, open studs. New flat roof. Working main A/C, hot water heater, plumbing (showers and toilets), sewage, kitchen hood, sprinklers, and pond pump. Concrete tile roof. Slate tile flooring in the Kitchen, Laundry Room & Master Bath are intact, tile flooring in Bedroom 3 is intact. Bathrooms are intact but need sink cabinet and sinks. Kitchen upper cabinets (Medallion Gold Maple Wood Upper) on two sides remain intact. Hurricane Storm panels (Easy-to-remove, Clear, 180mph High Impact) cover each of 22 Windows and 3 Exterior Doors. Enjoy the best of coastal living with easy access to Redington Beach just steps away, plus top-rated restaurants, shopping, and a variety of recreational activities. Whether you're looking to renovate, rebuild, or invest, this gem has exceptional potential in a prime location.