16007 GULF BOULEVARD at

16007 GULF BOULEVARD

For sale Days on market 95

$899,900

$417/sq ft

$350,100
Price Decreased

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Overview

Bedroom

Bath

Year Built

1949

Garage

Sqft

2160

Property Type

Single Family Residence

Property 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.

Property Details

MLS#

TB8489780

Garage

Total Floor in Bldg

Address

16007 GULF

City

REDINGTON BEACH

State/county

Zip/Postal Code

33708

Area

Redington Beach Homes 2nd Add

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,712

Maint Fee

$--

Tax Year

2025

None

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