Address: 16007 Gulf Boulevard, REDINGTON BEACH, FL 33708
Description
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.
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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: None
Flooring: Ceramic Tile
Living Area: 2160.00
Roof: Shingle
Property Information
Property Condition: Fixer
Land Information
Lot Features: Corner Lot, Near Public Transit, Paved
Garage and Parking
Garage Spaces: 1.00
Open Parking Spaces: 0.00
Eco-Communities
Pool Features: Gunite, In Ground
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central, Electric
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Appliances: None
Country: US
Furnished: Negotiable
Interior Features: Ceiling Fans(s), Eat-in Kitchen, High Ceilings
Legal Description: REDINGTON BEACH HOMES 2ND ADD BLK 16, LOT 15 & VAC PT OF GULF BLVD ADJ ON SW LESS THAT PT WITHIN 40FT OF C/L OF GULF BLVD PER O.R. 7325/697
Levels: One
Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Opportunities galore await at this premier waterfront gem, perfectly positioned on the tranquil waters of Boca Ciega Bay and just one block from the pristine sands of Madeira Beach. Boasting a "grandf
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