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Waterfront Paradise in Redington Shores – A Rare Opportunity Awaits!
Nestled in Surfside, a highly desired community on the Intracoastal Waterway, this home offers endless potential for those looking to create their dream coastal retreat. More than just a home, it’s a private sanctuary where tranquility and Florida’s breathtaking natural beauty come together. Featuring 2 Bedrooms, 1 Bathroom, a METAL ROOF and an open airy floor plan, this beauty offers an abundance of natural lighting and stunning water views of the intracoastal waterway & Island Preserve. Wake up each morning to serene water views and enjoy your morning coffee watching the dolphins and manatees as the sun rises. Located in the “Punkin Key” peninsula, this home offers the best of both worlds—peaceful privacy & vibrant coastal living. As a resident and member of surfside beach club, you have unique direct private beach access granted to residents featuring a gazebo and benches for sunset gatherings offering no charge for parking with a minimal fee of $35/year; all steps from your front door.
This beautiful waterfront residence offers endless potential for investors and visionary buyers alike. Impacted by Hurricane Helene, this home experienced flooding and has received the substantial damage letter BELOW 49%. Home buyers that have dreamed of that waterfront beach home, here is your perfect blank canvas to bring your vision to life or build your dream coastal retreat. Whether you're an investor or buyer seeking to renovate the existing structure or take full advantage of these stunning water views and premium lot ideal for a luxury new build, this is an opportunity to do both in an unbeatable location!
Bring your boat and watercrafts and take advantage of seamless water access, from your private dock and 8, 000 lb boat lift with aluminum cradle (2021). Spend your days on Redington’s beautiful silky sand beaches, fishing from dock, kayaking around the preserve or taking your boat out for the day and enjoying nearby waterfront dining destinations.
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Redington Shores is renowned for its laid-back coastal vibe, pristine sandy beaches, and vibrant community. From sunrise paddle boarding to sunset strolls along the beach, every day feels like a vacation. Enjoy the convenience of nearby shops, restaurants, and entertainment within walking distance, all while reveling in the tranquility of your waterfront sanctuary. For the outdoor enthusiasts, Redington Shores offers Parks such as Constitution Park, Nature Park and Thelma Spitzer Park as well as a playground and pickleball/tennis courts for an active lifestyle. Enjoy the best of both worlds with Downtown St Pete just a 30-minute drive where you can be entertained by all the sports, the arts, culture, and nightlife, while still retreating to your tranquil waterfront haven.
The Beach Trolley stops just steps away, offering convenient transportation along Gulf Boulevard from Pass-A-Grille to Clearwater Beach. Whether you’re seeking a vacation retreat or full-time beachside living, this home places you in the heart of it all.
This is more than just a property—it's a lifestyle. Additional Updates & Features; Metal Roof (2014) Water Heater (2023) Hurricane Rated Insulated Porch Roof (2024) Utility room with W/D Hookups. **CASH SALE ONLY**
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $760 | $760 | $760 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,535 | $3,674 | $4,681 |
Total Monthly Payment | $4,387 | $4,526 | $5,533 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.