Property Description
This .30-acre corner property, situated at the intersection of Gulf Boulevard and 160th Avenue in Redington Beach, presents two distinct investment opportunities. The first involves restoring the property to its original grandeur as a unique, spectacular 1940s home through rebuilding and remodeling. The original custom-designed home featured a wraparound design with a distinctive hexagon-shaped living room. The property's pool is fully functional, and city approval is in place to remodel the home in its current state. Given the area's allowance for short-term vacation rentals, the property could be utilized for that purpose. Furthermore, the property includes a 16x17 studio attached to the main home with a private entrance. Alternatively, developers may consider removing the existing structure and constructing two new homes, which could be the soundest investment given the newly permitted height allowance of 35 feet above the base flood elevation (BFE). The addition of rooftop decking would provide stunning views of the Gulf sunsets.
Property Features
Amenities
Feature Descriptions
Room Sizes
Listed By / Shown By
Listed By
Agency Name: YOUR NEIGHBORHOOD REALTY ASSOC
Agency Contact: 727-692-8519
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
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Estimated Payment
$ 6,701.61 per month $6,027.69 Principal & Interest $309.33 Property Tax $364.58 Homeowner's InsuranceChange Payment Information
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16007 Gulf Boulevard | MLS# TB8489780
This single family home located at 16007 Gulf Boulevard, Redington Beach, FL 33708 is currently listed for sale with an asking price of $1,250,000. This property was built in 1949 and has 4 bedrooms and 2 full and 1 partial baths with 2160 sq. ft. Gulf Boulevard is located in the REDINGTON BEACH HOMES 2ND subdivision. Search REDINGTON BEACH HOMES 2ND real estate on www.watsonrealtycorp.com today.