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Tremendous opportunity to purchase prime waterfront property in coveted Isle of Palms with instant equity. This home flooded during Hurricane Helene making it uninhabitable. However, the seller had the drywall cut 4ft high, removed all wet damaged furnishings and appliances, and has cleared all the storm debris off the property. The home was dried out by restoration contractors and new drywall, texture, and paint was just completed. While there is still a lot of work to be done there is an opportunity for the new owner to renovate the existing home or tear down for new construction development opportunity. This property features a 56x129 deep water lot which allows plenty of room for a pool to be added and has an existing permitted (2021) boat lift and dock. Local Marine specialty company built dock to according specs: construct a new 37' dock as follows: a 4' x 25' walkway connected to a 12' x 12' head with a 3' x 12' pile supported lower landing on the right of the main dock with upgraded weather proof composite decking. A Neptune 10,000lbs direct drive boatlift can accommodate various size boats and enjoy breathtaking water views. The property is being sold AS-IS and CASH ONLY due to its current condition. The seller makes no warranties regarding the home's current and future rehabilitation. Buyer's and Buyer's agents should perform all due diligence prior to submitting any offers. Shown by appointment only. Do not walk or tour the home without permission.
| DAYS ON MARKET | 19 | LAST UPDATED | 10/30/2024 |
|---|---|---|---|
| TRACT | ISLE OF PALMS | YEAR BUILT | 1956 |
| COMMUNITY | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl | GARAGE SPACES | 1.0 |
| COUNTY | Pinellas | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Azalea Elementary-PN |
|---|---|
| Jr. High School | Azalea Middle-PN |
| High School | Boca Ciega High-PN |
| PRICE HISTORY | |
| Prior to Oct 30, '24 | $699,900 |
|---|---|
| Oct 30, '24 - Today | $650,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Exhaust Fan, None |
| AREA | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| CONSTRUCTION | Block |
| GARAGE | Yes |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Level, Paved, Waterfront |
| PARKING | Driveway, Attached |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | ISLE OF PALMS |
| TAXES | 10829 |
| UTILITIES | Electricity Available, Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATER ACCESS | BOGA CIEGA BAY |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ben Mitrano PA, LPT REALTY, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/6/24 9:45 PM PST.
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