Seaside REO 304 Ruskin Place Under 1 Million

Three story “row house” in Seaside’s Ruskin Place Artist Community

UPDATE: Sold for $940K in May 2012!!

304 Ruskin Place in Seaside Florida

304 Ruskin Place Seaside Florida. I took this picture in April 2004

Every now and then a special property comes along that makes you dream about what it would be like to own that special spot. And every now and then an investment opportunity comes along that screams “solid endeavor”. Now imagine combining those two elements…doesn’t happen often, but it does. 304 Ruskin Place in Seaside Florida has that unique magic of not only being a solid investment opportunity but also a charming property that would bring many happy memories.

Ruskin place is located on the north side of Seaside’s town village. It is comprised of galleries, studios, private residences, and rental units. With white lights strung across the courtyard, the setting is something out of Charleston or Savannah. With only sixteen of these row houses’, each one taking on a personality of its own, it is very rare for one of these to come on the market…even more rare to come on the market as an REO or Distressed Property.

This three story row house could be used for a variety of live/work situations. The first floor has a full kitchen, bedroom, bath, and living area. Most commonly this floor is used as either retail space or as a single rental unit that could easily sleep a family of five. In past years this first floor lock-out was used to generate rental income in excess of 44,000 gross rental income.

The second floor is comprised of two terraces for outside living, living space with a cozy fireplace, walk-through kitchen with french doors, wet-bar, and a second living or dining area. Travel to the third floor and you are greeted with two bedrooms, each with their own ample sized bathroom. The master bedroom has it’s own over-sized deck to enjoy Seaside as well. From the third floor, take the spiral staircase up to the rooftop terrace. While on the rooftop terrace one is able to see all of Seaside and the Gulf of Mexico. With built-in bookcases and closets in corners, this townhouse makes use of every inch of available space.

Combining both modern and traditional elements, all the while maintaining the most unique artistic elements this townhouse will surely have you taking a second look.

Within walking distance to the chapel or to the ice cream shop, the opportunities for this property are endless. Ruskin Place has the highest concentration of full-time residents giving the true sense of community. With back street parking and reasonable HOA fees, this could be a viable living solution for a full time resident or a part time resident. Live the dream, live in Seaside, live at Ruskin Place.

With foreclosures and REOs in short supply, this Seaside bank owned property will not last long. For more information on 304 Ruskin Place in Seaside Florida please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

304 Ruskin Place Seaside Florida
2,730sf | $365/sf
3 Bedrooms | 5 Baths
Built in 1993
Bank Owned REO
Offered at $999,000

30A Foreclosures and REOs

Seaside Homes for Sale

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