tomo logo

$1,074,000

Beds
4
Baths
3.0
sq ft
2,554

16108 5th St E, Redington Beach, FL 33708

16108 5th St E

REDINGTON BEACH, FL 33708

  • 19 days on market
As you cross the 161st Street causeway to get to your home, you enjoy stunning water views and are reminded of the surroundings you are privileged to live amongst. This private crossing is often utilized by your neighbors as an ideal location for taking a stroll, walking the dog, do a bit of shore fishing or even stop to rest on a park bench to unwind. This large home was recently been updated to create an open concept floor plan. The interior updates include raising the ceiling to expose the natural wood beams of the roof in the kitchen and adjacent great room. The kitchen boasts new upgraded cabinets (2018), new granite (River Blue) summer 2024, new marble backsplash and feature wall (summer 2024). It also features 2 counter seating areas (one at bar height at the front of kitchen entrance and another counter height peninsula at the rear of the kitchen). The bank of the cabinets is extensive (16’) and “drops” into an “eat in” kitchen area that overlooks the water. All three bathrooms have been updated to reflect more current trends that include floor to ceiling tile showers/bath surrounds, porcelain tile floors, new lighting, mirrors, sinks and faucets. The secondary bedrooms ( ) had new windows installed September 2024. New waterproof vinyl plank flooring was installed throughout the home with the exception of 2 secondary bedrooms (spring 2024). Walls were textured and 5.25” baseboards installed throughout the house. Great room has a newer ledger rocked wall with electric fireplace installed. The large master bedroom ensuite (also with direct water views) includes a walk in closet with barn door entry and an ensuite bath with two vanity areas. Each bedroom of the house has a special feature to be noted . The front bedroom includes a built-in desk and has been designed to act as a second ensuite; the second bedroom includes a cedar closet and can also be easily converted into an ensuite; the third bedroom/office features a solid wood lead glass door. This home provides ample storage space including a walk-in storage room measuring 23’ x 3.8’ lined with built in shelves. The exterior of the home has also been updated. New composite TREX decking has been installed on the dock (2024). The dock has a boat lift and davit as well as running water and electric. Other updates include an exterior facelift by incorporating ledger rock on the front porch facade. The patio provides an outdoor living area that features a new outdoor electric fireplace (using the same ledger rock as the front porch facade) which incorporates a custom made tv storage box mounted on it. The home sustained damage from Hurricanes Helene and Milton. The home has been remediated, disinfected and is nearly ready for restoration. All interior photos were taken post hurricanes so they reflect the true condition of the home. Any full walls you see in the photos are solid concrete (not drywall faced) so only required disinfectant for remediation. The updated features identified above have been carefully secured and are available for re-installation. Lower kitchen cabinets need minor restoration but if preferred, can be replaced by local cabinet vendor. Independent appraisal was done which increased the structure value to $431,287. Paperwork should allow restoration of the home or, if you prefer, you can demolish it and start new.

Details

Property type

Single Family Residence

Est. home value

$1,284,015

Property condition

Fixer

Lot size

6,900 sq ft

Price per sq ft

$421

Year built

1954

Annual property taxes

$13,071

HOA

No

Price History

02/04/2025
StellarMLS

StellarMLS #TB8339975

Listed
$1,074,000
+205.98%
03/08/2012
StellarMLS

StellarMLS #U7527427

Sold
$351,000
-36.76%
01/07/2005
StellarMLS

StellarMLS #U7094870

Sold
$555,000

Schools & Community

Elementary school: 

Bauder Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Community features: 

None

Seller’s Loan History

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

Lender

Teh Investment Trust

Loan start date

December 2020

Original loan amount

$75,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Future Advance Clause / Open End Mortgage, 3 year

Seller

Rbeach Properties Llc

Lender

Dew Real Estate Investments Llc

Loan start date

June 2019

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

4.17%

Loan type

Stand Alone First

Seller

Rbeach Properties Llc

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: 02/23/2025 at 2:25 PM

Listing updated: 02/05/2025 at 1:48 PM

Listed by: Penny Nadar, GULFSHORES REALTY GROUP Phone #: (727) 202-8866

MLS: StellarMLS #TB8339975

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Recently listed in REDINGTON BEACH