16007 GULF BOULEVARD, Redington Beach, FL, 33708
4 rooms
4 beds
2 Full / 1 Half baths
1949
2,160 sqft
This .30-acre (13,068 sqft) 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 used for that purpose, as it has 4 parking spaces. 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.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Negotiable
Laundry Remarks:
Inside
Subdivision:
REDINGTON BEACH HOMES 2ND ADD
Garage:
1-car
Heating:
Central, Electric
Cooling:
Central Air
Levels:
1
Lot Size:
100 x 130
Acreage:
0.3
Est. Taxes:
$3,712
Construction
Stucco
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Corner Lot, Near Public Transit
Days on Market:
14
Appliances:
None
Pool:
Gunite, In Ground
MLS #:
TB8489780
Community Info
School Info
Walk Score
Yelp
Listing courtesy of YOUR NEIGHBORHOOD REALTY ASSOC 727-321-1734