$375,000
Pending
699 sqft | 1 bed | 2 baths | 0.06 acres | #TB8326890
Browse 25 photos
Type:Purchase
Structure:House
Zone:Residential

Description

One or more photo(s) has been virtually staged. ***HUGE PRICE REDUCTION***This original Sunset Beach Cottage is located by the pavilion, just five homes away from the beautiful sandy beachfront, and one property away from the Bay. Sunset Beach is a quaint community that offers quiet beach living, situated near the pavilion, with many long-established full-time residents and a Key-West vibe. Sunsets are spectacular. This Cottage was damaged during Hurricane Helene from the rising water and needs restoration. It has one bedroom, but the floorplan could be modified at this open stage of framing to make it into a two bedroom. The pictures show before and after condition. It is a unique opportunity to either stay and restore the Vintage Cottage or to expand and build up on the double lot. There is a current Appraisal that was done and can be used to increase the FEMA limit for the Forty-Nine Building Improvement Rule, to keep it vintage. The Appraisal is available upon request and does indicates a much higher valuation than what the Seller is currently asking. The lot size is listed in the public records as a double lot measuring 40x70. This is an incredible location and an opportunity to have the beach life of your dream home or your vacation home. There is also a historic feature to this Cottage, but the home is not listed as a historic site with restrictions. This is a unique opportunity to own this great property located on beautiful Sunset Beach and turn it into your very own Beach Paradise.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
      • InteriorNinguno, Walk-In Closet(s)
      • Lot DescriptionFloodZone, Irregular Lot
      • Property SubtypeSingle Family Residence
      • Exterior MaterialsFrench Doors, Other
      • SubdivisionPENGUIN CABANA SUB
      • Sewer InformationPublic Sewer
      • MLS #TB8326890
      • MLS #TB8326890
      • Property TypePurchase
      • CountyPinellas
      • Original List Price$429,900
      • Utility SourcePublic
      • Taxes Annual$8,514
      • Cost375000
      • FoundationOther
      • Acres0.06
      • Year Built1938
      • Square Feet699
      • Days on Market (Cumulative)13
      • Bedrooms1
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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