Property Description

This residence experienced water intrusion during Hurricane Helene. Only the first level was impacted by water damage. The property is being presented in its As-Is Condition at this price point, with a preference for cash purchasers, although a conventional mortgage will be considered. Welcome to your next lucrative endeavor! This robust two-story Craftsman home, constructed of solid concrete block in the 1970s, encompasses 2,011 square feet of living space, showcasing a desirable floor plan comprising 4 bedrooms, 3 bathrooms and 1-car garage. Nestled within a highly sought-after neighborhood, mere moments from the Gulf and the vibrant downtown St. Petersburg, this property presents an exceptional opportunity for investors seeking to flip, contractors eager to customize, or discerning buyers in pursuit of their bespoke dream home. This is a remarkable chance to cultivate equity in a prime location. Upon entry, the first level of this Craftsman abode—effectively dated to 1993—boasts a fully renovated, expansive kitchen adorned with exquisite handcrafted coffered ceilings. Adjacent to the kitchen lies a unique dinette, illuminated by vaulted wooden ceilings that invite natural light. Further within, you will discover an ADA-compliant owner's suite, complete with a fully renovated bathroom featuring a generous zero-entry shower. Across the hall, an additional bedroom and full bathroom present numerous renovation possibilities, allowing for a reconfiguration of the floor plan to suit your preferences. Beyond the two bedrooms and bathrooms, the living room showcases a custom wood burning rock-faced fireplace, with a sliding door leading to the backyard. Ascending to the second floor, you will find two expansive bedrooms that share an oversized full bathroom, which could readily be transformed to include a zero-entry shower and a standalone tub. Should you opt to modify the first-level layout, the spacious second-floor bedrooms afford ample potential to create a third bedroom, thereby restoring the fourth bedroom option, allowing for an office and a substantial laundry room/pantry, utilizing the existing plumbing from one of the two first-level bathrooms. The seller is amenable to collaborating with prospective buyers by offering real wood soft-close shaker cabinets to complement the lower cabinets that were affected by the flooding at distributor's cost (to be paid by buyer), facilitating a more complete home at a reduced expense. The existing upper cabinets were essentially new at the time of the hurricane and remained unaffected by the flooding. The granite countertops were similarly new, presenting an opportunity to pair with the new lower cabinets. The roof was replaced in September 2022. The HVAC system has not been operational since prior to the storm, preserving the ductwork, though the existing units must be replaced. This property is conveniently located within walking distance to community parks, pickle-ball and tennis courts, and the neighborhood Islander Market, all while being enveloped by the tranquil waters of Tampa Bay. Positioned on a low-traffic street amid multi-million-dollar waterfront residences, it is just a short golf cart ride or drive from downtown St. Petersburg, award-winning beaches, Tampa, and two international airports. The location also offers access to esteemed schools, the Shore Acres Recreation Center, a YMCA, golf courses, boating, shopping, museums, and a plethora of exceptional dining options.