8032 Causeway S Blvd, St Petersburg, FL 33707

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Home Description

Under contract-accepting backup offers. PRICED BELOW LAND VALUE! Ideal Location to BUILD NEW or REMODEL! THIS HOME IS NOT SUBSTANTIALLY DAMAGED! Structure is valued at $125,309; Extra Features: $17,147; and Land: $825,376. The preceding value allocation to the structure would allow repairs/improvements not to exceed $61,401 based on the "49% Rule. Need a greater allocation to remodel? Get an appraiser to tell you the current value and possibly get the structure value increased. This is an incredible opportunity to live on the water! This is a great Waterfront home in the sought after neighborhood of Causeway Isles with a beautiful water view looking straight up the canal to the intracoastal waterway! This is a boaters paradise with easy access to the Gulf of Mexico. It's a quick boat ride to Blinds Pass and John's Pass, or take the more scenic route to Pass A Grille Channel. With NO fixed bridges this waterfront is perfect for sail boat lovers. Enjoy the day lounging on the lovely white sand beaches, floating in the crystal clear waters, fishing off your dock or trolling out to sea to catch the big one! This is the Florida lifestyle you've been waiting for. Nestled on a quiet cul-de-sac with little traffic and quick access to Central Ave. Just minutes to the Treasure Island Beaches and a short 15 minute ride to downtown St Petersburg. This waterfront home has 2 bedrooms, 2 bathrooms, a 1 car garage and endless possibilities! Bring your imagination and make your dreams come true! The house was flooded for the first time ever since it was built by Hurricane Helene and was remediated immediately. Seller is selling subject property at a discount due to flood damage, and hereby keeps rights title and interests to pending claim(s). Sold strictly as-is, with no inspection contingencies. Cash buyers only—no wholesalers, assignable contracts, or subject-to offers. Please note that, due to the FEMA 50% rule, renovation feasibility is uncertain, and the seller makes no warranties regarding rehab potential.