tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,735

16104 1st St E, Redington Beach, FL 33708

16104 1st St E

REDINGTON BEACH, FL 33708

  • 79 days on market
    • Price drop $25,000↓
Not Substantially Damaged by Hurricane Helen – A Beachside Gem with Endless Potential! Beach lovers, this is your chance to own a property teeming with opportunity just steps from the sugar-sand beaches of the Gulf of Mexico. Whether you’re planning a stunning remodel or a complete rebuild, this home offers the flexibility to create your dream primary residence or a lucrative short-term rental. Now priced with a $25,000 adjustment, this is an exceptional value for a coastal property! This 3-bedroom, 2-bathroom home features a desirable split floor plan, making it ideal as a Florida vacation retreat or a full-time residence. Notable Features: A dazzling artistic entryway floor that gleams like fine jewelry Convenient circular driveway for easy access Spacious great-room layout, perfect for entertaining A chef’s kitchen with ample prep space and a stove-top pot filler Private, low-maintenance fenced backyard, ideal for relaxation or gatherings Electric awning over the back patio for shaded outdoor enjoyment Located in the sought-after Redington Beach community, this home offers unparalleled access to four scenic local parks, five unique triangle parks, and six beach access points along Gulf Blvd. Residents also enjoy free beach parking passes, making it even easier to enjoy the coastal lifestyle. With its proximity to golf courses, fine dining, boutique shopping, and major airports, this property blends convenience with the charm of Florida’s beachside living. As one of the original homes in this vibrant community, it’s a rare find with endless possibilities. Attention Cash Buyers, Builders, and Contractors: This property is perfect for a rehab or rebuild. The beach is calling—don’t miss this incredible opportunity. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$729,086

Lot size

4,979 sq ft

Price per sq ft

$303

Year built

1957

Annual property taxes

$3,923

HOA

No

Price History

02/11/2025
StellarMLS

StellarMLS #TB8327579

Price change
$525,000
-4.55%
12/06/2024
StellarMLS

StellarMLS #TB8327579

Listed
$550,000
+37.5%
06/06/2019
StellarMLS

StellarMLS #U8037529

Sold
$400,000
+8.11%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$113,057
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$369,943
Cash to seller
$113,057

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

August 2021

Original loan amount

$400,000

Est. remaining balance

$369,943

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Jerri Sue Elder

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 9:25 PM

Listing updated: 02/11/2025 at 2:09 PM

Listed by: Keyvan Kohan-Shohet, RE/MAX METRO Phone #: (727) 896-1800

MLS: StellarMLS #TB8327579

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Recently listed in REDINGTON BEACH