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Under contract-accepting backup offers. This is your chance to renovate or rebuild your dream home just a short walk from the beautiful white sand beaches of Redington Beach. Perfect as a primary residence or short-term rental, this three-bedroom, two-bath Florida retreat offers endless potential with features like a workshop, terrazzo floors, and a spacious screened-in porch to enjoy the Gulf breeze. Situated on a corner lot with a charming courtyard, this home is one of the original residences in Redington Beach, preserving a true piece of Florida’s coastal history. Located in a highly desirable beachside community, you’ll enjoy a laid-back coastal lifestyle with pristine beaches, breathtaking sunsets, and convenient access to local shops, waterfront dining, parks, and boat ramps. Just a short drive to John’s Pass Village & Boardwalk, you’ll have plenty of options for entertainment, fishing, and water sports. Ideal for cash buyers, builders, and contractors, this property presents a prime investment opportunity with a 2021 roof replacement and 2024 updated plumbing. While the home remained unflooded for decades, it experienced approximately 18 inches of water inside during Hurricane Helene, making it a rare find with incredible potential for restoration or redevelopment. Whether you choose to restore its unique character or start fresh with a brand-new design, the possibilities are yours to explore—don’t miss this chance to own a true Florida beach home within walking distance of the Gulf!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 | $420,000 | $420,000 | $420,000 |
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 | $683 | $683 | $683 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,655 | $2,759 | $3,516 |
Total Monthly Payment | $3,430 | $3,534 | $4,291 |
* 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.