Seacrest Beach REO for $599K

39 Sailfish Street in Seacrest Beach is a SunTrust REO

Sold for $650K in August 2014 by Team Baranowski. Multiple offers!

There are very few bank owned properties available that will come on the market in Seacrest Beach after the influx of distressed real estate in 2010 and 2011. 39 Sailfish Street was listed as a short sale in 2013 for $799,000 and was under contract when it foreclosed. The property has since foreclosed and is owned by SunTrust and is now a bank owned property and listed for $599K.

A lot has changed to the property since it was originally listed as a short sale. The property is in need of some TLC as many of the interior finishes have been removed. The cabinet panels and drawers have been removed in the kitchen and many of the fixtures and sinks have been removed. This is the bad news. The good news is that a savvy buyer can snatch this property up at a fantastic price on a home in Seacrest Beach. It is hard to envision what the home would look like fixed up based upon its current state. However, I am posting photos that I took last year when it was a short sale.

If you are looking for a great buy on a distressed property on Scenic 30A, this is a great home to consider. 39 Sailfish is one of the larger homes in Seacrest Beach and has a carriage house. This 5 bedroom / 5 bath home is 3,059sf and is priced at $196/sf which is well below the current $260/sf to $300/sf selling price point in Seacrest Beach. With its convenient location on the eastern end of 30A in Seacrest Beach, you are walking distance to Rosemary Beach and the shops at the Village in Seacrest which includes the new Acme Ice House and La Cocina.

This home will not last long. Contact Craig Baranowski @ 850-259-1788 for more details.

39 Sailfish Street
Seacrest Beach, FL 32413
3,059sf or $196/sf
5 Bedrooms | 5 Baths w/ Carriage House
Built in 2005
SunTrust Bank Owned Property/ REO
Offered at $599,900
SOLD – $650,000 August 20, 2014
 

Click below to see the most recent photos of this property:
39 Sailfish Street Property Photos from June 2014

39 Sailfish Street Property Photos from 2013 (Please see current MLS photos to view current condition of home)

 

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