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$460,000

Beds
3
Baths
2.0
sq ft
1,806

17744 1st St E, Redington Shores, FL 33708

17744 1st St E

REDINGTON SHORES, FL 33708

  • 45 days on market
Home was affected in hurricane Helene. Damaged drywall has been removed and plywood has been treated. A/C has been recently replaced as of December 2024 and a brand new water heater installed in Feb 2025. ALL electrical and plumbing work has been repaired and inspected and is up to code. There is a Kinetic water softener and it has been completely rebuilt and is working like new. This is a clean canvas to design the home to your liking. In a great location in Redington Shores. Close to the beautiful beaches, and you have a water view of the gulf right from your family room and your back yard! Over 1800 square feet of heated living space, 3 bedrooms, 2 bathrooms and a 1 car garage. All flooring has been removed and there is concrete left, ready for the buyer to choose their flooring. The back and side yards have low maintenance turf and the driveway has a beautiful paved driveway. Sellers plan to have it cleaned, stained and re sealed. They paid to have the debris from the storm picked up immediately to avoid permanent damage on the pavers. The new front door, sliding glass door and back doors have already been ordered and will be installed in February some time. The garage door has been newly replaced with the most recent hurricane impact codes. If a contract is accepted before then, the doors will be left for the buyer. The electrical components have been newly installed in bedrooms 2 and 3, to allow for ceiling fans without a chain. The entire home was mold tested and there is none present. All of the duct work has been fogged. Home is priced to sell. Sellers have an updated actual cash value appraisal, which is currently under review with the building department, and will raise the FEMA allowable cost to renovate to $144,842. Redington Shores FEMA rule is 49 percent. Please understand that the sellers are going to continue to move forward with progress to rebuild until a contract is accepted. Cash or hard money accepted. Please note that as the sellers continue with the renovation process, the price is subject to increases. Sellers have a flood insurance policy which was just renewed for $4,240 for the year and it is transferrable. Ask your Realtor for more details.

Details

Property type

Single Family Residence

Est. home value

$833,224

Property condition

Fixer

Lot size

4,548 sq ft

Price per sq ft

$255

Year built

1953

HOA

No

Price History

02/15/2025
StellarMLS

StellarMLS #TB8337149

Price change
$460,000
+2.22%
01/09/2025
StellarMLS

StellarMLS #TB8337149

Listed
$450,000
-30.77%
07/21/2024
StellarMLS

StellarMLS #U8227413

Removed
$650,000

Schools & Community

Elementary school: 

Bauder Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

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

$62,851
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$360,349
Cash to seller
$62,851

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2021

Original loan amount

$388,200

Est. remaining balance

$360,349

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Kevin S Hervey and Brigette Anderson Hervey

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 4:15 AM

Listing updated: 02/20/2025 at 3:00 PM

Listed by: Brittany Wilson, BAYSIDE EXECUTIVE REALTY Phone #: (727) 481-5513

MLS: StellarMLS #TB8337149

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