2 Beds
2 Baths
1,086 SqFt
2 Beds
2 Baths
1,086 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,086 sqft
Price per Sqft $290
Subdivision Marthas Vineyard
MLS Listing ID W7883700
Bedrooms 2
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1960
Annual Tax Amount $5,105
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Situated on a quiet cul-de-sac, the property features a fenced yard and is the only home with a driveway within the cul-de-sac, offering added privacy.
Enjoy approximately 258 feet of water frontage with beautiful open water views. A new seawall was installed in 2023, adding long-term value and protection.
Architectural drawings and engineering reports for a new custom home are available. The home has been ruled above the FEMA 50% rule. The current structure is an empty concrete shell and will need to be elevated or re-built or demolished (written est. 10K).
The seller currently has an application in the Elevate Florida Grant Program, which is in the final decision stage with FEMA. The application can be transferred to the new owner with a prior owner letter, proof of ownership transfer, and completion of required documentation. If approved, federal grant funding will cover at least 75 percent of the project cost, meaning property owners only need to invest up to 25 percent—a significant savings. The current application that was sent in to FEMA in is not to lift the home but to have a brand new home built in it's place. The current estimated cost of the new build for the buyer is $119,845.07. You would be walking into significant equity!!!!
Location
State FL
County Pasco
Community Marthas Vineyard
Area 34668 - Port Richey
Zoning R1
Interior
Interior Features Other
Heating None
Cooling None
Flooring Other
Furnishings Unfurnished
Fireplace false
Appliance None
Laundry None
Exterior
Exterior Feature Private Mailbox
Garage Spaces 1.0
Fence Chain Link
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Waterfront Description Bayou
View Y/N Yes
Water Access Yes
Water Access Desc Bayou,Gulf/Ocean
View Water
Roof Type Shingle
Attached Garage true
Exposure North
Garage true
Private Pool No
Building
Lot Description Cul-De-Sac, Flood Insurance Required
Story 1
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Fixer
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Schools and Properties Nearby
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