Average square foot calculated using Size range provided by listing agent.
Description
Please note current house is an active construction site, THE LOWEST PRICED SINGLE FAMILY BAYFRONT OFFERING IN ALL OF STONE HARBOR! Located in one of 7 Mile Island’s premier neighborhoods this very special BAYFRONT property offers a unique combination of bayfront lifestyle and easy access to the heart of Stone Harbor. The current house is perfect for a renovation project or start fresh with a new build! Take advantage of current owner being one of the highest end builders on the island and offering multiple strategies to best suit buyer's needs! See options below **Limited time offering as construction will begin in approximately two weeks at which time this will no longer be available for sale at this price ** Option 1 - Buy the current house/land and have the current owner/builder build a brand new house and obtain approvals for $1.3M. With nearby comps selling at 5.4M+ this will allow new buyer to have approximately $600-700K in instant equity. If this option is chosen, the new house will likely have 4 bedrooms 3 baths, pool, ground level garage storage. Reach out for an example of newer build on same size lot. Option 2 - Buy the current house/land and have the current owner who is a builder fully renovate the entire house for approximately $500K. Current renovation plan consist of a 4 bedroom 3 bath house with living space on 1st floor bayside. This option is likely to also yield new owner instant equityShow Description
MLS® Number252485
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorDock, Bulkhead, Boat Slips
GarageNo
Approx. Age1935
Basement
Driveway
Garage Spaces
HeatGas Natural
A/CCeiling Fan
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing